BARLOWORLD LIMITED - BOBAW - Ratings Update

BOBAW - Ratings Update

Barloworld Limited
(Incorporated in the Republic of South Africa)
(Registration number 1918/000095/06)
(Bond issuer code: BIBAW)
(“Barloworld” or “the group”)


RATINGS UPDATE

Moody’s Investor Services (“Moody’s”) has today assigned Barloworld Limited (“Barloworld”) first time
long-term and short-term issuer Global Scale Ratings of Baa3 and P-3 and long-term and short-term
National Scale Ratings of Aa3.za and P-1.za. The outlook on the ratings is stable.

Moody’s reported that this rating recognises Barloworld’s leading competitive market positions, supported
by strong brand offerings and stable long term relationships with its principal suppliers, with a diversified
product mix and resilient business model.

The full Moody’s rating report on Barloworld is available online at www.Barloworld.com.

The current validity of Barloworld’s existing ratings by Fitch southern Africa expires on 30 June 2016.

Johannesburg
2 June 2016

Debt Sponsor
Absa Bank Limited (acting through its Corporate and Investment Bank division)

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