New Listing of DVC018, DVC019 and DVC020 DEVELOPMENT BANK OF SOUTHERN AFRICA LIMITED Stock Code: DVC018 ISIN Code: ZAG000133877 Stock Code: DVC019 ISIN Code: ZAG000133885 Stock Code: DVC020 ISIN Code: ZAG000133893 Dated: 24 February 2016 Listing Announcement The JSE Limited has granted a financial instrument listing to Development Bank of Southern Africa Limited – DVC018, DVC019 and DVC020 Senior Unsecured Floating Rate Notes, under its Domestic Medium Term Note Programme dated 14 December 2015. Authorised Programme size R80,000,000,000.00 Total notes issued (excluding this issue) ZAR29,653,000,000.00 Full note details are as follows: Bond Code DVC018 Nominal Issued: ZAR559,000,000.00 Issue Price: 100.00% Coupon Indicator: Floating Rate Trade Type: Price Floating Interest Rate: 3 Month JIBAR as at 22 February 2016 plus 71 bps Maturity Date: 24 August 2016 Interest Commencement Date: 24 February 2016 First Interest Payment Date: 24 May 2016 Interest Payment Dates: 24 May and 24 August Books Close: 14 May and 14 August Last day to register: By 17h00 on 13 May and 13 August Settlement Date: 24 February 2016 Bond Code DVC019 Nominal Issued: ZAR87,000,000.00 Issue Price: 100.00% Coupon Indicator: Floating Rate Trade Type: Price Floating Interest Rate: 3 Month JIBAR as at 22 February 2016 plus 80 bps Maturity Date: 1 December 2016 Interest Commencement Date: 24 February 2016 First Interest Payment Date: 1 June 2016 Interest Payment Dates: 1 June, 1 September and 1 December Books Close: 22 May, 22 August and 21 November 2016 Last day to register: By 17h00 on 21 May, 21 August and 20 November 2016 Settlement Date: 24 February 2016 Bond Code DVC020 Nominal Issued: ZAR878,000,000.00 Issue Price: 100.00% Coupon Indicator: Floating Rate Trade Type: Price Floating Interest Rate: 3 Month JIBAR as at 22 February 2016 plus 100 bps Maturity Date: 24 February 2017 Interest Commencement Date: 24 February 2016 First Interest Payment Date: 24 May 2016 Interest Payment Dates: 24 May, 24 August, 24 November and 24 February Books Close: 14 May, 14 August, 14 November and 14 February Last day to register: By 17h00 on 13 May, 13 August, 13 November and 13 February Settlement Date: 24 February 2016 Notes will be deposited in the Central Depository (“CSD”) and settlement will take place electronically in terms of JSE Rules. For further information on the notes issued please contact: Zoya Sisulu (011) 721 6032 Debt Sponsor: The Standard Bank of South Africa Limited Date: 24/02/2016 08:05:00 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.