CITY OF EKURHULENI METROPOLITAN MUNICIPALITY - Interest and Capital Payment Notification - EMM07, EMM07P and EMM01

Interest and Capital Payment Notification - EMM07, EMM07P and EMM01

Ekurhuleni Metropolitan Municipality
Bond Code: EMM07
ISIN: ZAG000145194

Bond Code: EMM07P
ISIN: ZAG000145384

Bond Code: EMM01
ISIN: ZAG000078916


INTEREST PAYMENT NOTIFICATION AND PARTIAL CAPITAL REDEMPTION

Bondholders are advised of the following interest payments:




 Bond code:             EMM07
 ISIN:                  ZAG000145194
 Coupon:                10.52%
 Interest period:       Semi - Annual
 Payment date:          10 July 2019
 Interest amount due:   ZAR 22,355,000.00


 Bond code:             EMM07P
 ISIN:                  ZAG000145384
 Coupon:                11.32%
 Interest period:       17 January 2019       To   16 July 2019
 Payment date:          17 July 2019
 Interest amount due:   ZAR 40,417,052.00


 Bond code:             EMM01
 ISIN:                  ZAG000078916
 Coupon:                10.56%
 Interest period:       Semi - Annual
 Payment date:          29 July 2019
 Interest amount due:   ZAR 43,032,000.00




In accordance with the Terms and Conditions of the Ekurhuleni Metropolitan Municipality ZAR8
billion Domestic Medium Term Note Programme, investors are herewith advised of the partial
capital redemptions of the EMM07 and EMM07P notes effective 10 July 2019 and 17 July 2019 respectively.


                            Capital Redemption                    Amount Outstanding After
                                  Amount                            Capital Redemption

   EMM07–
                               R25,000,000.00                          R400,000,000.00
 ZAG000145194

   EMM07P–
                               R26,666,667.00                          R693,333,332.00
 ZAG000145384




04 July 2019

Debt sponsor
Absa Bank Limited (acting through its Corporate and Investment Bank division)

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