Issue of ZAR 40,000,000 credit linked notes under the € 125,000,000,000 debt instruments issuance programme SG Issuer (“the Issuer”) Incorporated in Luxembourg Issue of ZAR 40,000,000 Credit Linked Notes due on 10/01/2021 Under the € 125,000,000,000 Debt Instruments Issuance Programme Unconditionally and irrevocably guaranteed by Société Générale (“the Guarantor”) Long Name: SGI CLN on Crossover S24 Tranche Short Name: SGI CLNS24 JSE Code: SGI004 Tranche 1, Series 80467EN/16.1 ISIN: ZAG000132218 The Issuer is pleased to announce the issue and listing of the following SGI CLNS24 credit linked notes (“Notes”) on the Interest Rate Market with effect from 25 January 2016 or as soon as possible thereafter. Authorised programme size R1 000 000 000 Number of Notes 40 Nominal amount of this tranche R40 000 000 Aggregate nominal amount of Notes in issue R40 000 000 after issuance of this tranche Issue price per Note R1 000 000 Issue date 25 January 2016 Interest rate (“Reference Rate”) 3 month JIBAR Interest payment date 10th January, 10th April, 10th July, 10th October in each year from and including 10th April 2016 to and including the Scheduled Maturity Date Scheduled maturity date (“Scheduled Maturity 10 January 2021 Date”) Last day to register 17h00 on every 30th December, 30th March, 29th June, 29th September of each year until the Scheduled Maturity Date Books closed period The Register will be closed from 31st December to 9th January and from 31st March to April 9th and from 30th June to 9th July and from 30th September to 9th October (all dates inclusive) in each year and 5 days prior to any redemption date Interest calculation methodology Relevant Proportion of the interest calculation amount x (Reference Rate + 5.50%) x Day Count Fraction Relevant proportion (“Relevant Proportion”) Means the proportion which one Note bears to the total number of Notes outstanding Day count fraction (“Day Count Fraction”) Actual/365 (fixed) Interest determination date Day beginning of each interest payment date Final amount payable on maturity (per Note) Subject to the occurrence or not of Credit Events affecting the Reference Portfolio, as disclosed and explained in the APS, the final amount payable on maturity (per Note) is Issue Price x 100% Neither of the total authorised amount of the Debt Instruments Issue Programme (€125,000,000), or the total authorised amount for the South African Notes (ZAR1,000,000,000) have been exceeded. 22 January 2016 Debt Sponsor Questco (Pty) Ltd Date: 22/01/2016 04:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.