THE THEKWINI FUND 10 (RF) LIMITED - Partial and Full Redemptions

Partial and Full Redemptions

The Thekwini Fund 10 (RF) Limited
Instrument Code: TH10A1 ISIN: ZAG000096108
Instrument Code: TH10A4 ISIN: ZAG000100959
Instrument Code: TH10A7 ISIN: ZAG000101759
Instrument Code: TH10A2 ISIN: ZAG000096124
Instrument Code: TH10A5 ISIN: ZAG000100975
Instrument Code: TH10A8 ISIN: ZAG000101734

Date: 14 July 2016

Partial and Full Redemptions

In accordance with the Terms and Conditions of The Thekwini
Fund 10 (RF) Limited notes, relevant noteholders are advised
of the below partial redemption effective Monday, 18 July
2016.

                                                                Amount
  Stock                             Capital               Outstanding after
                 ISIN
  Code                         Redemption Amount               Capital
                                                             Redemption
  TH10A1     ZAG000096108      R    23    084    272.00         R 0.00
  TH10A4     ZAG000100959      R    16    633    111.00         R 0.00
  TH10A7     ZAG000101759      R    11    658    722.00         R 0.00
  TH10A2     ZAG000096124      R    19    257    920.00         R 785 742 080.00
  TH10A5     ZAG000100975      R    15    884    793.00         R 648 115 207.00
  TH10A8     ZAG000101734       R   4    306    119.00          R 175 693 881.00


For further information please contact:
Mike Brunke         The Standard Bank of South Africa Limited
+27 11 721 8101

Debt Sponsor
The Standard Bank of South Africa Limited

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