BASIL READ LIMITED - Repurchase and Withdrawal of BSR17 Notes

Repurchase and Withdrawal of BSR17 Notes

BASIL READ LIMITED
JSE Code: BSR17
ISIN No:   ZAG000127333

Repurchase and Withdrawal of BSR17 Notes

In accordance with the Terms and Conditions of the Basil Read
Limited Domestic Medium-term Note Programme dated 17 November 2008
(the “DMTN Programme”), investors are advised of the full capital
withdrawal of the BSR17 Notes effective 7 November 2017.



Capital Withdrawal Amount       Amount Outstanding After
                                Capital Withdrawal

R 50,000,000.00                 R 0




The withdrawal of the BSR17 Notes is due to the Issuer repurchasing
the BSR17 Notes (and, as consideration therefor, issuing a new
unlisted certificated note in the same capital amount under the
DMTN Programme to the beneficial noteholder of the BSR17 Notes) and
the subsequent cancellation of the BSR17 Notes.



For further information please contact:

Allister Lamont-Smith       Nedbank        011 294 4833



Date: 7 December 2017

Debt Sponsor: Nedbank CIB

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