SANTAM LIMITED - SNT02-03-Listing of New Financial Instrument

SNT02-03-Listing of New Financial Instrument

SANTAM LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1918/001680/06
Company Code: BISAN
ISIN SNT02: ZAG000135120
ISIN SNT03: ZAG000135138
(“Santam” or “the Company”)

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted Santam the listing of its SNT02 and
SNT03 Notes, in terms of its ZAR4,000,000,000 Unsecured
Subordinated Callable Note Programme dated 8 March 2016.



INSTRUMENT TYPE:             Callable Floating Rate Notes
Total Notes in Issue:        R1,000,000,000.00 (excluding this
                             issuance as at the Issue Date)

Instrument Code:             SNT02
Nominal Issued:              R500,000,000.00
Issue Price:                 100%
Interest Rate:               9.692% (3 Month JIBAR as at 7 April
                             2016 of 7.242 % plus 245 bps)
Coupon Rate Indicator:       Floating
Step up Date:                12 April 2021
Issue Date:                  12 April 2016
Interest Commencement Date:  12 April 2016
Last day to register:        By 17h00 on 1 January, 1 April
                             1 July and 1 October
Books Close:                 2 January, 2 April, 2 July and 2 October
Final Maturity Date:         12 April 2026
Interest Payment Date:       12 January, 12 April,12 July and 12 October
First Interest Payment Date: 12 July 2016
ISIN:                        ZAG000135120
Business Day Convention:     Following Business Day


INSTRUMENT TYPE:             Callable Fixed Rate Notes
Total Notes in Issue:        R1,000,000,000.00 (excluding this
                             issuance as at the Issue Date)

Instrument Code:             SNT03
Nominal Issued:              R500,000,000.00
Issue Price:                 100%
Interest Rate:               11.77%
Coupon Rate Indicator:       Fixed
Step up Date:                12 April 2023
Issue Date:                  12 April 2016
Interest Commencement Date:  12 April 2016
Last day to register:        By 17h00 on 1 April and 1 October
Books Close:                 2 April and 2 October
Final Maturity Date:         12 April 2028
Interest Payment Date:       12 April and 12 October
First Interest Payment Date: 12 October 2016
ISIN:                        ZAG000135138
Business Day Convention:     Following Business Day


Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited

The Notes will be immobilised in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.

11 April 2016

Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

Date: 11/04/2016 04:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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