Interest Rate Reset Transsec 2 RF Limited (Incorporated with limited liability in the Republic of South Africa) (Registration number 2014/209982/07) Formerly called Transsec 2 Proprietary Limited (with registration number 2014/209982/07) (“Transsec 2”) Transaction Capital - Transsec 2 (RF) Limited interest rate reset announcement: TRA2A1, TRA2A2, TRA2A3, TRA2A4, TRA2A5, TRA2A6, TRA2B1, TRA2B2, TRA2C1, TRA2C2, TRA2D1 and TRA2D2 Date: 14 March 2017 8.782% p.a. (144 bps over 3 month Jibar of 7.342%) for the period 14 March 2017 to TRA2A1 14 June 2017, (Following Business Day Convention) 9.192% p.a. (185 bps over 3 month Jibar of 7.342%) for the period 14 March 2017 to TRA2A2 14 June 2017, (Following Business Day Convention) The fixed rate note was set at 9.67%. Interest paid semi-annually on 14 June and 14 TRA2A3 December, (Following Business Day Convention) 8.792% p.a. (145 bps over 3 month Jibar of 7.342%) for the period 14 March 2017 to TRA2A4 14 June 2017, (Following Business Day Convention) 9.192% p.a. (185 bps over 3 month Jibar of 7.342%) for the period 14 March 2017 to TRA2A5 14 June 2017, (Following Business Day Convention) The fixed rate note was set at 9.69%. Interest paid semi-annually on 14 June and 14 TRA2A6 December, (Following Business Day Convention) 9.842% p.a. (250 bps over 3 month Jibar of 7.342%) for the period 14 March 2017 to TRA2B1 14 June 2017, (Following Business Day Convention) 10.092% p.a. (275 bps over 3 month Jibar of 7.342%) for the period 14 March 2017 TRA2B2 to 14 June 2017, (Following Business Day Convention) 11.142% p.a. (380 bps over 3 month Jibar of 7.342%) for the period 14 March 2017 TRA2C1 to 14 June 2017, (Following Business Day Convention) 11.542% p.a. (420 bps over 3 month Jibar of 7.342%) for the period 14 March 2017 TRA2C2 to 14 June 2017, (Following Business Day Convention) 14.142% p.a. (680 bps over 3 month Jibar of 7.342%) for the period 14 March 2017 TRA2D1 to 14 June 2017, (Following Business Day Convention) 14.142% p.a. (680 bps over 3 month Jibar of 7.342%) for the period 14 March 2017 TRA2D2 to 14 June 2017, (Following Business Day Convention) Debt Sponsor The Standard Bank of South Africa Limited ) Date: 14/03/2017 02:54:00 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.