SLI4 - New Financial Instrument Listing SANLAM LIFE INSURANCE LIMITED Registration number 1998/021121/06 Bond Code: SLI4 ISIN No: ZAG000138629 NEW FINANCIAL INSTRUMENT LISTING The JSE Limited has granted a financial instrument listing to SANLAM LIFE INSURANCE LIMITED, “SLI4” under its Unsecured Subordinated Note Programme dated 2 August 2016. INSTRUMENT TYPE: CALLABLE FLOATING RATE NOTE Authorised Programme size R6,000,000,000.00 Total Notes in Issue R2,160,000,000.00 Full Note details are as follows: Bond Code SLI4 Nominal Issued R1,000,000,000.00 Issue Price 100% Coupon Rate 9.55% (3 Month JIBAR as at 15 August 2016 of 7.350% plus 220 bps) Step up rate 3 Month JIBAR plus 330 bps Coupon Rate Indicator Floating Trade Type Price Final Maturity Date 15 August 2026 First Call Date 15 August 2021 Interest Payment Dates 15 August, 15 November, 15 February and 15 May First Interest Payment Date 15 November 2016 Last Day to Register by 17:00 on 4 August, 4 November, 4 February and 4 May Books Close 5 August, 5 November, 5 February and 5 May Issue Date 15 August 2016 Date Convention Following Business Day Interest Commencement Date 15 August 2016 ISIN No. ZAG000138629 15 August 2016 Debt Sponsor Absa Bank Limited (acting through its Corporate and Investment Bank division) Date: 15/08/2016 02:21:00 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.