Interest rate reset - GH31A1 - GH31A3 / GH31B - GH31D GREENHOUSE FUNDING III (RF) LIMITED GH31A1 8.533% p.a. (120bps over 7.333%) for the period 25 May ZAG000125329 2017 to 24 Aug 2017, payable on 25 Aug 2017 (following*). Next reset: 25 Aug 2017 GH31A2 8.783% p.a. (145bps over 7.333%) for the period 25 May ZAG000125337 2017 to 24 Aug 2017, payable on 25 Aug 2017 (following*). Next reset: 25 Aug 2017 GH31A3 8.883% p.a. (155bps over 7.333%) for the period 25 May ZAG000125345 2017 to 24 Aug 2017, payable on 25 Aug 2017 (following*). Next reset: 25 Aug 2017 GH31B 9.533% p.a. (220bps over 7.333%) for the period 25 May ZAG000125352 2017 to 24 Aug 2017, payable on 25 Aug 2017 (following*). Next reset: 25 Aug 2017 GH31C 10.333% p.a. (300bps over 7.333%) for the period 25 May ZAG000125360 2017 to 24 Aug 2017, payable on 25 Aug 2017 (following*). Next reset: 25 Aug 2017 GH31D 10.833% p.a. (350bps over 7.333%) for the period 25 May ZAG000125378 2017 to 24 Aug 2017, payable on 25 Aug 2017 (following*). Next reset: 25 Aug 2017 INTEREST RATE RESET JIBAR rates as at 25 May 2017: 1 Month 7.108% 3 Month 7.333% 6 Month 7.858% * When the Interest Payment Date falls on a non business day one of the following Date Conventions will be applied, as specified for each individual bond: 1. Following – This means that the interest will be paid on the first business day after the weekend or public holiday. 2. Modified Following – The same rule as above applies. However, if the first business day after the weekend or public holiday falls in a new calendar month the last business day before the weekend / public holiday will be used instead. 3. Preceding – This means that the interest will be paid on the last business day before the weekend or public holiday. 25 May 2017 Sponsor Nedbank Capital, a division of Nedbank Limited Date: 25/05/2017 12:13:00 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.