TORQUE SECURITISATION (RF) LIMITED - TORQ3, TORQ7 and TORQ8 - Partial Capital Redemption

TORQ3, TORQ7 and TORQ8 - Partial Capital Redemption

Torque Securitisation (RF) Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2012/030043/06)
Company code: TSRF
ISIN TORQ3: ZAG000099235
ISIN TORQ7: ZAG000118761
ISIN TORQ8: ZAG000128760
(“Torque”)

PARTIAL CAPITAL REDEMPTION

In accordance with the Terms and Conditions of Torque’s ZAR
5,000,000,000 Secured Asset Backed Note Programme dated 8 August
2012, investors are herewith advised of the partial capital
redemption of the TORQ3, TORQ7 and TORQ8 notes, effective 15
February 2017.


                  Capital Redemption   Amount Outstanding
                  Amount               After Capital
                                       Redemption

TORQ3             ZAR 28,747,795.00    ZAR 101,391,815.00

TORQ7             ZAR 35,934,744.00    ZAR 126,739,768.00

TORQ8             ZAR 34,209,876.00    ZAR 120,656,259.00


The partial redemption is as a result of the issuer entering into
early amortisation on 17 May 2016 as per the announcement released on
the Stock Exchange News Service on 20 May 2016.


7 February 2017

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

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