AMBER HOUSE FUND 3 (RF) LIMITED - Moody's Recalibrates South Africa's National Rating Scale and Repositions National Scale Ratings in Structured Finan

Moody's Recalibrates South Africa's National Rating Scale and Repositions National Scale Ratings in Structured Finan

Amber House Fund 3(RF) Limited
(incorporated with limited liability in the Republic of South
Africa)
(Registration number: 2013/020 920/06)

Instrument Code: AHF3B2 ISIN: ZAG000134982
Instrument Code: AHF3B3 ISIN: ZAG000134990

Moody's Recalibrates South Africa's National Rating Scale and
Repositions National Scale Ratings in Structured Finance
Transactions

Noteholders are advised of Moody’s Investor Service’s recent
repositioning of the national scale ratings of 33 South
African structured finance notes in conjunction with the
recalibration of South African national rating scale.

Kindly take note of the below instruments which have been
affected by the change in Moody’s methodology change below:

Instrument     Tranche   Prior    Prior          Current/Revised
               Number    Rating   National       National Scale
                                  Scale Rating   Rating
ZAG000134982   B2        Baa3     A2.za          Aa2.za

ZAG000134990   B3        Baa3     A2.za          Aa2.za



17 May 2016
Debt Sponsor
The Standard Bank of South Africa Limited

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