THE THEKWINI FUND 9 (RF) LIMITED - Interest Payment Notice

Interest Payment Notice

The Thekwini Fund 9 (RF) Limited
(incorporated with limited liability in the Republic of South
Africa)
(Registration number: 2011/001 385/06)
Instrument Code: TH9A12 ISIN: ZAG000138066
Instrument Code: THE9B4 ISIN: ZAG000138074
Instrument Code: THE9C4 ISIN: ZAG000138082
Instrument Code: THE9D4 ISIN: ZAG000138090

The Thekwini Fund 9 (RF) Limited Interest Payment

Please note, for the interest period from and including 18
January 2018 to, but excluding, 18 April 2018, the interest
Payment for The Thekwini Fund 9 (RF) Limited Notes will be as
follows:

    - R 768 590 532.00 Class A12 Secured Floating Rate Notes
      due 18 July 2039 (the Class A12 Notes) (ISIN No.
      ZAG000138066; Bond Exchange Listing Code TH9A12)

    - R 54 000 000.00 Class B4 Secured Floating Rate Notes due
      18 July 2039 (the Class B4 Notes) (ISIN No. ZAG000138074;
      Bond Exchange Listing Code THE9B4)

   -  R 54 000 000.00 Class C4 Secured Floating Rate Notes due
      18 July 2039 (the Class C4 Notes) (ISIN No. ZAG000138082;
      Bond Exchange Listing Code THE9C4)

  -  R 18 000 000.00 Class D4 Secured Floating Rate Notes due
     18 July 2039 (the Class D4 Notes) (ISIN No. ZAG000138090;
     Bond Exchange Listing Code THE9D4)
(Collectively, the Notes)

Interest amounts:
  - Interest on the    Class A12 Floating Rate Notes for the
     interest period   is R17 383 413.54.
  - Interest on the    Class B4 Floating Rate Notes for the
     interest period   is R1 251 616.44.
  - Interest on the    Class C4 Floating Rate Notes for the
     interest period   is R1 418 054.79.
  - Interest on the    Class D4 Floating Rate Notes for the
     interest period   is R599 178.08.

18 April 2018

Debt Sponsor
The Standard Bank of South Africa Limited

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