FORTRESS INCOME FUND LIMITED - FIFB11 - Listing of Tap Issue

FIFB11 - Listing of Tap Issue

Fortress Income Fund Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2009/016487/06)
Company code: FORT
(Approved as a REIT by the JSE)
Bond code: FIFB11
ISIN: ZAG000139262
(“Fortress”)

LISTING OF TAP ISSUE

The JSE Limited has granted Fortress the additional listing of its Senior Unsecured Floating Rate Notes, in
terms of its Domestic Medium Term Note Programme dated 7 June 2012, effective 17 February 2017.


INSTRUMENT TYPE:                 Floating Rate Notes
Programme Amount:                ZAR 10,000,000,000.00
Total Notes in Issue:            ZAR 6,473,000,000.00, exclusive of this Issuance of the Tap Issue
Nominal Before Tap Issue:        ZAR 300,000,000.00
Tap Amount:                      ZAR 138,000,000.00
Nominal Following Tap Issue:     ZAR 438,000,000.00
Instrument Code:                 FIFB11
Issue Price:                     100.19921%
Interest Rate:                   9.15% (3 Month JIBAR as at 7 February 2017 of 7.350% plus 180bps)
Coupon Rate Indicator:           Floating
Issue Date:                      17 February 2017
Interest Commencement Date:      9 February 2017
First Interest Payment Date:     7 May 2017
Maturity Date:                   7 February 2020
Final Maturity Amount:           100% of Nominal Amount
Last Day to Register:            By 17h00 on 26 April, 27 July, 27 October and 27 January of each year
                                 until Maturity
Books Close:                     27 April, 28 July, 28 October and 28 January of each year until Maturity
Interest Payment Date(s):        7 May, 7 August, 7 November and 7 February of each year until Maturity
ISIN:                            ZAG000139262
Business Day Convention:         Following Business Day
Dealer:                          The Standard Bank of South Africa Limited, acting through its Corporate
                                 and Investment Banking division

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


16 February 2017

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 16/02/2017 03:40:00 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.