New Financial Instrument Listing Announcement – Tap Issue (LBK23) THE LAND AND AGRICULTURAL DEVELOPMENT BANK OF SOUTH AFRICA Bond code: LBK23 ISIN: ZAG000146325 (“the Land Bank”) New Financial Instrument Listing Announcement – Tap Issue (LBK23) The JSE Limited has granted a listing of a new financial instrument (Tap Issue of LBK23) under the Land Bank’s Domestic Medium Term Note Programme on the Interest Rate Market. Authorised programme size R20,000,000,000.00 Total notes in issue R9,410,000,000.00 (excluding these issues) Total notes in issue R9,490,000,000.00 (including these issues) Full instrument details are as follows: Bond Code LBK23 ISIN ZAG000146325 Nominal Issued R80,000,000.00 Issue Price 101.86% Coupon Rate Indicator Floating Coupon 3 months ZAR JIBAR plus a margin of 225 bps Trade Type Price Issue / Settlement Date 16 November 2017 Maturity Date 5 September 2022 Interest Commencement Date 4 September 2017 First Interest Payment Date 5 December 2017 Interest Payment Date(s) 5 March, 5 June, 5 September and 5 December in each year until the Maturity Date Last Day to Register By 17:00 on 22 February, 25 May, 25 August, 24 November in each year until the Maturity Date (all dates inclusive) Books Close Date(s) From 23 February to 4 March, 26 May to 4 June, 26 August to 4 September and 25 November to 4 December in each year until the Maturity Date (all dates inclusive) Date Convention Following Business Day Centurion 16 November 2017 Debt Sponsor The Standard Bank of South Africa Limited Date: 16/11/2017 08:30:00 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.