THE THEKWINI FUND 15 (RF) LIMITED - Partial Redemption

Partial Redemption

The Thekwini Fund 15 (RF) Limited

Instrument Code:      T15OM1   ISIN: ZAG000148727


Date: 16 May 2018

Capital Redemption Announcement

In accordance with the Terms and Conditions of The Thekwini Fund
15 (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
   T15OM1     ZAG000148727        R 31 435 637.00     R 60 814 363.00


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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