Notice of Request For Written Consent From The Holder of ZA108 Due 28 June 2021 BNP Paribas Arbitrage Issuance B.V. (Incorporated in the Netherlands) JSE Stock Code: ZA108 ISIN: ZAE000217279 Series: EI1392SAD NOTICE OF REQUEST FOR WRITTEN CONSENT FROM THE HOLDER OF BNP PARIBAS ARBITRAGE ISSUANCE B.V.’s ZAR500,000,000 INDEX LINKED REDEMPTION NOTES DUE 28 JUNE 2021 1. This notice of request for consent (this “Consent Request”) is delivered by BNP Paribas Arbitrage Issuance B.V. (the “Issuer”) to the holder of the Notes (the “Holder”) issued under the Issuer’s Note, Warrant and Certificate Programme pursuant to a base prospectus dated 9 June 2015, as supplemented from time to time (the “Base Prospectus”) read together with the JSE Placement Document dated 21 November 2013, as amended and/or supplemented from time to time (the “JSE Placement Document”), in accordance with Condition 7 (Notices) of the section headed “Additional Terms and Conditions” in the JSE Placement Document (the “Additional Terms and Conditions”) for purposes of obtaining the Holder’s written consent to amend and restate the Pricing Supplement of the Notes issued under Stock Code ZA108 dated 8 June 2016 relating to the ZAR 500,000,000 Index Linked Redemption Notes linked to BNP Paribas Multi-Asset Diversified Vol 8 EUR Global Index in Quanto ZAR due 28 June 2021 (the “Notes”), Series EI1392SAD (the “Initial Pricing Supplement”). 2. Capitalised terms used herein which are not otherwise defined shall bear the meaning ascribed thereto in the Additional Terms and Conditions. 3. The Issuer seeks the Holder’s consent in accordance with Condition 6.2 (Amendment of these Additional Terms and Conditions) of the Additional Terms and Conditions to: 3.1 waive the requirement that the Holder be given at least 21 (twenty one) calendar days notice in terms of Condition 6.1.6 (Notice) of the Additional Terms and Conditions before the Issuer can request that the Holder provide its consent to the proposal set out below; and 3.2 amend and restate the Initial Pricing Supplement relating to the Notes, by replacing the current definition of “Gearing” in paragraph 53 with the words “means 500 per cent.” 4. The Holder is requested to provide its consent by completing the Consent Notice (available on request from the South African Transfer Agent) and delivering the same to the registered office of the relevant CSD Participant that provided said Holder with the Consent Request and providing a copy thereof to Pierre-Marie Roberts at BNPP CIB Solutions Structuring, pierre-marie.robert@uk.bnpparibas.com and the Issuer for the attention of David Blofeld or Jeremy Roycroft at BNP Paribas at david.blofeld@uk.bnpparibas.com or jeremy.roycroft@uk.bnpparibas.com by no later than 17h00 on 23 June 2016 in accordance with the terms and conditions of the Consent Notice. The relevant CSD Participant will then notify Strate Proprietary Limited of the total number of Consent Notices received, both in favour and not in favour of the proposed amendment. 5. The changes marked-up against the Initial Pricing Supplement and the Consent Notice are available on request from the South African Transfer Agent. Requests for copies of these documents should be sent to Charmaine Jacobs at Computershare Investor Services Proprietary limited, Charmaine.Jacobs@computershare.co.za and by telephone at +27 011 370 5000. 6. This Consent Request is being delivered to the JSE Limited in accordance with Condition 6.2 (Amendment of these Additional Terms and Conditions) of the Additional Terms and Conditions as read with Condition 7 (Notices) of the Additional Terms and Conditions. 7. This Consent Request shall be governed and construed in accordance with the laws of England and nothing in this notice shall be construed as a waiver of any rights we may have with respect to the Notes. 8. For further information on the Notes issued please contact: Michael Schneider BNP Tel:(+33)140 1496 15 Johannesburg 20 June 2016 Debt Sponsor The Standard Bank of South Africa Limited Date: 20/06/2016 09:22:00 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.