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AFRICAN BANK LIMITED - Release of the unaudited interim results for Residual Debt Services Limited (under curatorship)

Release Date: 27/06/2016 17:30
Wrap Text
Release of the unaudited interim results for Residual Debt Services Limited (under curatorship)

AFRICAN BANK LIMITED (previously named K2014176899 (South Africa) Limited)
(Incorporated in the Republic of South Africa)
(Registered Bank)
(Registration No. 2014/176899/06)
Company code: ABKI
(“the Bank” or “African Bank”)

Release of the unaudited interim financial statements for Residual Debt Services Limited (under
curatorship) (“Residual Debt Services”), previously named African Bank Limited (under curatorship)
for the six months ended 31 March 2016

African Bank hereby draws attention to the fact that Residual Debt Services plans to release its
unaudited interim financial statements for the six months ended 31 March 2016 on 30 June 2016 at
approximately 8 a.m. SAST/CAT.

While the unaudited interim financial statements of Residual Debt Services are prepared on behalf of
the curator of Residual Debt Services, (the “Curator”) African Bank believes that the financial
information contained therein may be of interest to investors in African Bank. This financial information
is for the period ended 31 March 2016, and investors will be aware that a portion of the business and
assets of Residual Debt Services as at that date was acquired by African Bank on its launch, with effect
on 4 April 2016.

Notwithstanding this, it is important to note that neither African Bank nor its directors can accept any
responsibility for the information contained in such interim financial statements of Residual Debt
Services. Such interim financial information of Residual Debt Services is neither incorporated by
reference into nor does it form part of African Bank’s ZAR25 billion Domestic Medium term Note
Programme dated 22 March 2016. African Bank accepts no responsibility whatsoever for such interim
financial information and accordingly disclaims any liability howsoever arising in connection therewith.

The results of Residual Debt Services, together with an investor presentation by Residual Debt Services,
will be accessible at the following website:

https://www.africanbank.co.za/about-us/investors

and following the link under “Financial reporting and operational updates”.

Mr Tom Winterboer, the Curator of Residual Debt Services, will be hosting an investor call to discuss
these specific results, detail of which is listed below:

Conference call details

Interested parties are referred to the following details (including the need to pre-register) regarding the
conference call:

Date:                             Thursday, 30 June 2016
Time:                             16h00 SAST/CAT
Web pre-registration:             Interested parties are requested to pre-register for this
                                  conference call at http://goo.gl/BPHt3K and follow the
                                  instructions supplied

The Curator has advised that the convener of the conference call will allow an opportunity at the end of
the call for questions which are relevant to these results.



Midrand

27 June 2016

Debt Sponsor

Rand Merchant Bank (A division of FirstRand Bank Limited)

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