New Financial Instrument Listing Announcement - BWZ21B Bank Windhoek Limited (Incorporated in the Republic of Namibia) Stock Code: BWZ21B ISIN Code: ZAG000150459 (“Bank Windhoek”) NEW FINANCIAL INSTRUMENT LISTING ANNOUNCEMENT “BWZ21B” The JSE Limited has granted a listing to BANK WINDHOEK LIMITED on the Interest Rate Market with effect from 27 March 2018 under its Note Programme dated 12 November 2013. INSTRUMENT TYPE: FLOATING RATE NOTE Bond Code BWZ21B Nominal Issued ZAR300,000,000 Issue Price 100% Coupon 3 Month JIBAR as at 27 March 2018 plus 205 bps Coupon Rate Indicator Floating Trade Type Price Final Maturity Date 27 March 2021 Books Close Date(s) 17 March, 17 June, 17 September, 17 December Interest Payment Date(s) 27 March, 27 June, 27 September, 27 December Last Day to Register By 17:00 on 16 March, 16 June, 16 September, 16 December Issue Date 27 March 2018 Date Convention Following Interest Commencement Date 27 March 2018 First Interest Payment Date 27 June 2018 ISIN No. ZAG000150459 Additional Information Senior Unsecured Floating Rate Notes The note will be immobilised in the Central Securities Depository (“CSD”) and settlement will take place electronically in terms of JSE Rules. 26 March 2018 Debt Sponsor PSG Capital Proprietary Limited For further information on the Note issue please contact: Willie Honeyball PSG Capital +27 21 887 9602 Date: 26/03/2018 04:00:00 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.