Release of the Interim Basel III Pillar 3 report as at 31 March 2017, as prescribed by the Banks Act AFRICAN BANK LIMITED (Incorporated in the Republic of South Africa) (Registered Bank) (Registration No. 2014/176899/06) Company code: ABKI (“the Bank” or “African Bank”) Release of the Interim Basel III Pillar 3 report as at 31 March 2017, as prescribed by the Banks Act African Bank is pleased to announce the release of the Interim Public Pillar III Disclosures, as at 31 March 2017, as prescribed in terms of the Banks Act (Act No. 94 of 1990 “the Banks Act”), Regulation 43. The disclosures cover African Bank Limited and its holding company African Bank Holdings Limited, a registered bank controlling company registered under Section 44(1) of the Banks Act. The full report can be accessed on the African Bank’s website via the following url: https://www.africanbank.co.za/about-us/investors The overall balance sheet of the Bank remains strong, with advances well provided for and high capital adequacy ratios. Cash and surplus liquid asset holdings amount to R11.7 billion. Liquidity risk, interest rate risk and foreign exchange risk remains conservatively managed. The overall impact of the strong balance sheet structure, as expressed in the conservative risk appetite, is evidenced in the various sections of the report which, as of 31 March 2017, include CET1 ratio of 32.0%, a leverage ratio of 22.6%, a liquidity coverage ratio of 904% and a net stable funding ratio of 184% at the African Bank level. 23 May 2017 Debt Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 23/05/2017 08:01:00 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.