AFRICAN BANK LIMITED - Results of a Meeting of all the Noteholders of Notes Issued Under the Bank's ZAR25 000 000 000 DMTN Programme

Results of a Meeting of all the Noteholders of Notes Issued Under the Bank's ZAR25 000 000 000 DMTN Programme

AFRICAN BANK LIMITED
(under Curatorship)
(Incorporated in the Republic of South Africa)
(Registered bank)
(Registration number 1975/002526/06)
Company code: BIABL
(the "Bank”)

RESULTS OF A MEETING OF ALL THE NOTEHOLDERS OF THE SENIOR AND SUBORDINATED
UNSECURED NOTES (THE “NOTES”) ISSUED BY THE BANK UNDER THE BANK’S
ZAR25 000 000 000 DOMESTIC MEDIUM TERM NOTE PROGRAMME

The Bank announces today the results of the meeting convened for holders (the “Noteholders”) of
the Notes to vote in respect of the Extraordinary Resolution to remove the listing of the Notes as set
out in the Notice of Meeting (as defined below).

The results of the vote at the meeting of the Noteholders, convened by the notice dated
4 February 2016 (the “Notice of Meeting”) and held at the offices of Webber Wentzel, 90 Rivonia
Road, Sandton 2196 on 1 March 2016 at 12h00 (Johannesburg time) was that the Extraordinary
Resolution set out in such Notice of Meeting was duly passed by a majority of 100% per cent of votes
cast

On behalf of the Curator of African Bank Limited
Midrand

1 March 2016

Debt Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)

Mr T Winterboer was appointed as Curator of African Bank Limited on 10 August 2014 by the Minister
of Finance of the Republic of South Africa and pursuant to the Banks Act No. 94 of 1990 (as
amended) to manage the affairs of African Bank Limited subject to the supervision of the Registrar of
Banks. Please note that Mr T Winterboer acts in the aforesaid capacity.

Date: 01/03/2016 12:35:00 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.