AFRICA ETF ISSUER (RF) LIMITED - De-Listing of AfricaRhodium debentures

De-Listing of AfricaRhodium debentures

Africa ETF Issuer Limited (RF) (Incorporated in the Republic of South Africa)
(Registration No. 2013/022008/06
Share code: ETFRHO
ISIN code: ZAE000210787
(Africa ETF)

Redemption of AfricaRhodium debentures - ETFRHO

Africa ETF has, from commencement of 3 April 2018, redeemed 270 000 AfricaRhodium
debentures following redemption in respect of approximately 2,646.421 fine troy ounces of
Rhodium.

After the redemption, there will be 2,295,555 AfricaRhodium debentures in issue, referencing
approximately 23,217.797 fine troy ounces of Rhodium.

3 April 2018

Sponsor
The Standard Bank of South Africa Limited, acting through its Corporate and Investment Banking
division.

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