THE REPUBLIC OF NAMIBIA - Credit Rating Announcement - THRNI

Credit Rating Announcement -  THRNI

The Republic of Namibia
(Incorporated in the Republic of Namibia)
(Registration No. 1929/001225/06)
Company code: THRNI
(“Republic of Namibia” or “the Issuer”)


CREDIT RATING ANNOUNCEMENT

Noteholders are advised that the Issuer has formally accepted the rating assigned by Fitch Ratings
(“Fitch”) on 21 April 2017. Fitch has assigned AAA(zaf); with the outlook accorded as negative.

The report may be retrieved at the below link: https://www.fitchratings.com/site/pr/1022527.


17 May 2017


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

Date: 17/05/2017 12:20:00 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.