NAM03 and NAM04 - Listing of New Instruments The Republic of Namibia (Incorporated in the Republic of Namibia) (Registration No. 1929/001225/06) Company code: THRNI ISIN NAM03: ZAG000138462 ISIN NAM04: ZAG000138470 (“Republic of Namibia”) LISTING OF NEW FINANCIAL INSTRUMENTS The JSE Limited has granted The Republic of Namibia the listing of its NAM03 and NAM04 Senior Unsecured Fixed Rate Note, in terms of its ZAR7,500,000,000 Medium Term Note Programme dated 2 November 2012. INSTRUMENT TYPE: Fixed Rate Notes Total Notes in Issue: R 2 4000,000,000.00 (excluding the this issue and the NAM04 Notes) Instrument Code: NAM03 Nominal Issued: R 157,000,000.00 Issue Price: 100% Interest Rate: 10.06% Coupon Rate Indicator: Fixed Rate Issue Date: 1 August 2016 Interest Commencement Date: 1 August 2016 First Interest Date: 1 February 2017 Maturity Date: 1 August 2023 Last day to Register: By 17h00 on 21 January and 21 July of each year until the Maturity Date Books Close: 22 January and 22 July in each year until the Maturity Date Interest Payment Dates: 1 February and 1 August in each year until the Maturity Date ISIN: ZAG000138462 Business Day Convention: Following Business Day Instrument Code: NAM04 Nominal Issued: R 335,000,000.00 Issue Price: 100% Interest Rate: 10.51% Coupon Rate Indicator: Fixed Rate Issue Date: 1 August 2016 Interest Commencement Date: 1 August 2016 First Interest Date: 1 February 2017 Maturity Date: 1 August 2026 Last day to Register: By 17h00 on 21 January and 21 July of each year until the Maturity Date Books Close: 22 January and 22 July in each year until the Maturity Date Interest Payment Dates: 1 February and 1 August in each year until the Maturity Date ISIN: ZAG000138470 Business Day Convention: Following Business Day Dealer: Rand Merchant Bank and Absa Corporate Investment Bank The Notes will be immobilised in the Central Depository (“CSD”) and settlement will take place electronically in terms of JSE Rules. 29 July 2016 Debt Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 29/07/2016 02:30:00 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.