THE THEKWINI FUND 14 (RF) LIMITED - Partial Capital Redemption - TH14A1/TH14A5

Partial Capital Redemption - TH14A1/TH14A5

The Thekwini Fund 14 (RF) Limited

Instrument Code:      TH14A1   ISIN: ZAG000140435
                      TH14A5   ISIN: ZAG000141938


Date: 17 May 2017

Partial Capital Redemption Announcement

In accordance with the Terms and Conditions of The Thekwini
Fund 14 (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
  TH14A1     ZAG000140435         27 000 000.00       54 000 000.00
  TH14A5     ZAG000141938         31 000 000.00       93 000 000.00

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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