THE THEKWINI FUND 14 (RF) LIMITED - Capital Redemption

Capital Redemption

The Thekwini Fund 14 (RF) Limited

Instrument Code:      TH14A2   ISIN: ZAG000140443
                      TH14A6   ISIN: ZAG000141946
                      T14A10   ISIN: ZAG000143827


Date: 16 May 2018

Capital Redemption Announcement

In accordance with the Terms and Conditions of The Thekwini
Fund 14 (RF) Limited notes, relevant noteholders are advised
of the below capital redemption effective Tuesday, 21 May
2018.

Partial redemption:
                                                         Amount
  Stock                              Capital        Outstanding after
                    ISIN
  Code                          Redemption Amount        Capital
                                                       Redemption
  TH14A2     ZAG000140443        R 49 685 856.00    R 548 150 295.00
  TH14A6     ZAG000141946        R 24 435 667.00    R 269 582 112.00
  T14A10     ZAG000143827        R 32 580 889.00    R 359 442 817.00


For further information please contact:
Mike Brunke
The Standard Bank of South Africa Limited
+27 11 721 8101

Debt Sponsor
The Standard Bank of South Africa Limited

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