Commencement Of Business Operations And Change Of Name To “African Bank Limited” AFRICAN BANK LIMITED (previously K2014176899 (SOUTH AFRICA) LIMITED) (Incorporated in the Republic of South Africa) (Registration No. 2014/176899/06) Company code: ABKI (“the Bank” or “African Bank”) COMMENCEMENT OF BUSINESS OPERATIONS AND CHANGE OF NAME TO “AFRICAN BANK LIMITED” The new African Bank has today commenced business after the final execution of the restructuring transaction of the entity formerly known as African Bank Limited (in curatorship). That entity has today formally changed its name to “Residual Debt Services Limited” (which remains under curatorship) and the new bank has likewise changed its name from K2014176899 (South Africa) Limited to “African Bank Limited” and will henceforth trade under that name. African Bank is a 100% subsidiary of African Bank Holdings Limited (“ABHL”). ABHL is an unlisted registered bank controlling company under the Banks Act, Act 94 of 1990. The shares in ABHL are privately held by the South African Reserve Bank, the Government Employees Pension Fund, Absa Bank Limited, Nedbank Limited, FirstRand Bank Limited, Investec Bank Limited, The Standard Bank of South Africa Limited and Capitec Bank Limited. Listed Debt Securities As a result of the fact that the Bank has debt instruments that have today been listed on the Johannesburg Stock Exchange (“JSE”), London Stock Exchange (“LSE”) and Swiss Securities Services Corporation (“SIX”), the Bank will from time to time issue notices pertaining to those securities via the relevant stock exchange news services, as required by the regulations of the relevant stock exchange. The securities listed today on the JSE under the Bank’s ZAR25 billion Domestic Medium Term Note programme are as follows: Bond Code ISIN Nominal Amount (ZAR) Maturity Date ABK1 ZAG000134420 360 000 000 7 Nov 2018 ABK2 ZAG000134438 420 000 000 24 May 2018 ABK3 ZAG000134446 400 000 000 7 Nov 2018 ABK4 ZAG000134453 304 000 000 24 May 2018 ABK5 ZAG000134461 800 000 000 31 Oct 2018 ABK6 ZAG000134479 222 400 000 5 June 2020 ABK7 ZAG000134487 567 200 000 3 June 2019 ABK8 ZAG000134495 152 800 000 3 June 2021 ABK9 ZAG000134503 640 000 000 18 Nov 2019 ABK10 ZAG000134511 800 000 000 14 Feb 2020 ABK11 ZAG000134529 408 000 000 20 May 2019 ABK12 ZAG000134537 392 000 000 20 May 2022 ABKI01 ZAG000134545 600 000 000 7 Nov 2018 ABKI02 ZAG000134552 521 600 000 5 June 2020 ABKI03 ZAG000134560 1 600 000 000 13 Oct 2021 ABKI04 ZAG000134578 480 000 000 13 Mar 2024 ABKS1 ZAG000134412 1 485 000 000 4 April 2026 The securities listed today on the LSE under the Bank’s $6 billion Euro Medium Term Note programme are as follows: ISIN Nominal Amount (US$) Maturity Date XS1390059969 280 000 000 8 Feb 2020 XS1390060546 280 000 000 19 Oct 2020 The securities listed today on SIX under the Bank’s $6 billion Euro Medium Term Note programme are as follows: Series Number ISIN Nominal Amount (CHF) Maturity Date Series 1 CH0310140543 120 000 000 18 Mar 2019 Series 2 CH0310140568 100 000 000 20 Jul 2020 Series 3 CH0310140584 84 000 000 5 Jun 2021 Series 4 CH0310140600 140 000 000 22 Apr 2022 Business Strategy The Bank’s business strategy was outlined in a presentation to members of the financial media on 17 March 2016. The presentation can be accessed on the bank’s investor relations website at https://www.africanbank.co.za/about-us/investors under the Press Release section. Interested parties can contact the African Bank at investor.relations@africanbank.co.za for any further information. Date 4 April 2016 Debt Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 04/04/2016 10:00:00 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.