THE THEKWINI FUND 13 (RF) LIMITED - Partial Capital Redemption

Partial Capital Redemption

The Thekwini Fund 13 (RF) Limited

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

Date: 17 May 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, 22 May 2017.


                                                                 Amount
  Stock                               Capital              Outstanding after
                    ISIN
  Code                           Redemption Amount              Capital
                                                              Redemption
  TH13A1     ZAG000129099         R    13   750   000.00    R 68 750 000.00
  TH13A5     ZAG000131616          R   9    727   273.00    R 48 636 362.00
  TH13A9     ZAG000133901         R    11   500   000.00    R 57 500 000.00
  T13A13     ZAG000136482         R    12   888   889.00    R 64 444 444.00

For further information please contact:
Mike Brunke         The Standard Bank of South Africa Limited
+27 11 721 8101

Debt Sponsor
The Standard Bank of South Africa Limited

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