THE SA NATIONAL ROADS AGENCY SOC LIMITED - HWF08 - Listing of New Instrument

HWF08 - Listing of New Instrument

The South African National Roads Agency
Incorporated in the Republic of South Africa
(Registration number 1998/009584/30)
Company Code: BINRA
ISIN HWF08: ZAG000138207
(“SANRAL”)

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted SANRAL (the “Issuer”) the listing of
its Government Guaranteed Senior Unsecured Floating Rate Note (the
“Notes”), in terms of its ZAR31,910,000,000 Guaranteed Domestic
Medium Term Note Programme dated 14 April 2014, effective 15 July
2016.

INSTRUMENT TYPE:               Floating Rate Note
Total Notes in Issue:          ZAR 23,374,728,067.00 excluding this
                               issuance of notes

Instrument Code:               HWF08
Nominal Issued:                ZAR 1,000,000,000.00
Issue Price:                   100%
Interest Rate:                 3 Month JIBAR plus 144 basis points
Coupon Rate Indicator:         Floating
Issue Date:                    15 July 2016
Interest Commencement Date:    15 July 2016
First Interest Payment Date:   15 October 2016
Maturity Date:                 15 July 2019
Last day to register:          By 17h00 on 4 October, 4 January, 4 April
                               and 4 July each year until maturity
Books Close:                   5 October, 5 January, 5 April and 5 July
                               each year until maturity
Interest Payment Date(s):      15 October, 15 January, 15 April and 15
                               July each year until maturity
ISIN:                          ZAG000138207
Business Day Convention:       Following Business Day

Dealers: ABSA Corporate and Investment Banking and Quartile Capital
Proprietary Limited

The Notes will be immobilised in the Central Securities Depository
(“CSD”) and settlement will take place electronically in terms of
JSE Rules.

14 July 2016

Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

Date: 14/07/2016 01:15:00 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.