THE THEKWINI FUND 13 (RF) LIMITED - Partial Redemptions

Partial Redemptions

The Thekwini Fund 13 (RF) Limited

Instrument Code:     TH13A1   ISIN:   ZAG000129099
                     TH13A5   ISIN:   ZAG000131616
                     TH13A9   ISIN:   ZAG000133901
                     T13A13   ISIN:   ZAG000136482

Date: 21 February 2017

Partial Capital Redemption Announcement

In accordance with the Terms and Conditions of The Thekwini
Fund 13 (RF) Limited notes, relevant noteholders are advised
of the below partial redemption effective Monday, 21 February
2017 as well as previous Partial Redemption balances for your
records.


21 February 2017
                                                             Amount
  Stock                                Capital         Outstanding after
                   ISIN
  Code                            Redemption Amount         Capital
                                                          Redemption
  TH13A1
               ZAG000129099       R 13 750 000.00       R 82 500 000.00
  TH13A5
               ZAG000131616        R 9 727 273.00       R 58 363 635.00
  TH13A9
               ZAG000133901       R 11 500 000.00       R 69 000 000.00
  T13A13
               ZAG000136482       R 12 888 889.00       R 77 333 333.00


21 November 2016
                                          Capital        Amount Outstanding
  Stock Code          ISIN              Redemption       after Capital Redemption
                                          Amount           
                                         R 13 750 000      R96 250 000.00
    TH13A1         ZAG000129099                           

                                          
    TH13A5         ZAG000131616       R 9 727 273.00       R 68 090 908.00


                                         R 11 500 000.00    R 80 500 000.00
    TH13A9         ZAG000133901                         
                                          
                                         R 12 888 889.00    R 90 222 222.00
    T13A13         ZAG000136482                             
                                          


For further information please contact:
Keas Sape           The Standard Bank of South Africa Limited
+27 11 344 5674
Debt Sponsor
The Standard Bank of South Africa Limited

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