S&P Rating Announcement BNP Paribas Personal Finance South Africa Limited (Previously RCS Investment Holdings Limited) (Incorporated in the Republic of South Africa) (Registration No. 2000/017884/06) Company code: RCSI (“BNP Paribas PF South Africa”) S&P rating announcement On August 07, 2017 Standard & Poor’s Global Ratings (“S&P”) recalibrated its national scale mapping table for South Africa, and as a result there has been an uplift in the national scale ratings applicable to BNP Paribas Personal Finance South Africa Limited as follows: To From BNP Paribas Personal Finance South Africa Limited: South Africa National Scale Long-Term zaAA zaA South Africa National Scale Short-Term zaA-1+ zaA-1 BNP Paribas Personal Finance South Africa Guaranteed Programme*: South Africa National Scale Short-Term zaA-1+ zaA-1 *Guaranteed by BNP Paribas 08 August 2017 Debt Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) BNP Paribas (www.bnpparibas.com) is a leading bank in Europe with an international reach. It has a presence in 75 countries, with more than 189,000 employees, including more than 146,000 in Europe. The BNP Paribas group, through its wholly owned subsidiary BNP Paribas Personal Finance, acquired 100% of BNP Paribas Personal Finance South Africa Limited (formerly, RCS Investment Holdings Limited) in August 2014. BNP Paribas PF South Africa is a consumer finance business predominantly based in South Africa, with over 16 years in the industry. Date: 08/08/2017 11:02:00 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.