African Bank Limited (in Curatorship) maturing bond -ABL16 AFRICAN BANK LIMITED (in Curatorship) (Incorporated in the Republic of South Africa) (Registered bank) (Registration number 1975/002526/06) Company code: BIABL ISIN ABL16: ZAG000104183 (“African Bank” or “the Bank” or “ABL”)) African Bank Limited (in Curatorship) maturing bond According to the original terms under which the bonds were issued under African Bank's Domestic Medium Term Note programme, the following ABL bond is due to mature on 25 March 2016: Instrument ISIN number Outstanding Nominal Maturity Date Amount ABL16 ZAG000104183 800,000,000 2016/03/25 Interested parties are referred to the Stock Exchange News Service (“SENS”) announcements relating to the restructuring of African Bank and in particular the SENS released by African Bank on 2 March 2016 (“African Bank Restructuring: Comprehensive Results Announcement of the Exchange Offer Process”) and 15 March 2016 (“African Bank Restructuring: Ministerial approval obtained and Registrar of Banks approvals granted”.) The Curator therefore does not expect to the redemption of the bond to occur on 25 March 2016 and that the note will be redeemed on 4 April 2016 in terms of the Exchange Offer Process as referred to in the announcement released by African Bank on 2 March 2016. On behalf of the Curator of African Bank Limited Midrand 23 March 2016 Debt Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Footnote : 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 Winterboer acts in the aforesaid capacity. 1 Date: 23/03/2016 07:05:00 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.