BNP PARIBAS ARBITRAGE ISSUANCE B.V. - Issue of Index Linked Redemption Notes - ZA101

Issue of Index Linked Redemption Notes - ZA101

BNP Paribas Arbitrage Issuance B.V.

Stock Code: ZA101

ISIN Code: ZAE000211827

Dated: 29 March 2016

Issue of ZAR20,000,000 Index Linked Redemption Notes due 30
March 2021

The JSE Limited has granted a listing to BNP Paribas Arbitrage
Issuance B.V. – ZA101 Index Linked Redemption Notes due 30 March
2021, under its Note, Warrant and Certificate Programme dated 9
June 2015 (read with the JSE Placement Document dated 21
November 2013) as supplemented from time to time.

Authorised Programme size       Unlimited
Total securities issued         ZAR7,315,688,085


Full Note details are as follows:

Nominal Issued:                 ZAR20,000,000
Issue Price:                    100%
Type of Securities:             Index Linked Redemption Notes
Underlying Index:               S&P 500 Index, EURO Stoxx 50
                                Index, Hang Seng Index and BNP
                                Paribas Africa Equities Funds
                                (EUR) Excess Return Index
Interest Commencement Date:     Not Applicable
Interest Payment Date:          Not Applicable
Maturity Date:                  30 March 2021
Books Close:                    20 March 2021 until the
                                Maturity Date
Last day to register:           By 17h00 on 19 March 2021
Settlement Date:                29 March 2016
Placement Agent:                BNP Paribas Arbitrage S.N.C.

Settlement will take place electronically in terms of JSE Rules.

For further information on the Securities issued please contact:

Michael Schneider         BNP               Tel:(+33)140 1496 15

Sponsor: The Standard Bank of South Africa Limited, acting
through its Corporate and Investment Banking division

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