HWF09-New Instrument Listing The South African National Roads Agency Incorporated in the Republic of South Africa (Registration number 1998/009584/30) Company Code: BINRA ISIN HWF09: ZAG000139502 (“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 24,389,728,067.00 excluding this issuance of notes Instrument Code: HWF09 Nominal Issued: ZAR988,000,000.00 Issue Price: 100% Interest Rate: 3 Month JIBAR plus 143 basis points Coupon Rate Indicator: Floating Issue Date: 19 September 2016 Interest Commencement Date: 19 September 2016 First Interest Payment Date: 19 December 2016 Maturity Date: 19 September 2019 Last day to register: By 17h00 on 8 December, 8 March, 8 June and 8 September in each year until maturity Books Close: 9 December, 9 March, 9 June and 9 September in each year until maturity Interest Payment Date(s): 19 December, 19 March, 19 June and 19 September in each year until maturity ISIN: ZAG000139502 Business Day Convention: Following Business Day Dealers: Nedbank Corporate and Investment Banking The Notes will be immobilised in the Central Securities Depository (“CSD”) and settlement will take place electronically in terms of JSE Rules. 15 September 2016 Debt Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 15/09/2016 01:40:00 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.