New Instrument Listing The Thekwini Fund 14 (RF) Limited (“Thekwini 14”) New Financial Instrument Listing Announcement Dated: 19 November 2019 Stock Codes: T14A13 ISIN Codes: ZAG000164294 The JSE Limited has granted Thekwini 14 the listing of its “T14A13” Floating Rate Notes due 21 November 2051 (Step up and call date 21 November 2021 and issued in terms of its ZAR4,000,000,000 Asset Backed Note Programme dated on or about 14 November 2016. Total notes outstanding (excl. this issue) ZAR 2,168,000,000 Full Note details are as follows: Designation of Note: Class A13 Note Nominal Issued: ZAR600,000,000 Coupon Rate: 7.90% (being 110bps over 3 month JIBAR of 6.80%) Coupon Step-Up Rate: 143bps over 3 month JIBAR Coupon Indicator: Floating Final Redemption Date: 21 November 2051 First Interest Payment Date: 21 February 2020 Coupon Step-Up Date: 21 November 2021 Interest Payment Dates: 21st February, 21st May, 21st August and 21st November of each year Books Close: 17th February, 17th May, 17th August and 17th November of each year Last day to register: By 17:00 on 16th February, 16th May, 16th August and 16th November of each year Interest Commencement Date: 21 November 2019 Settlement Date: 21 November 2019 Rating: Aaa.za (sf) by Moody’s Investors Service Placement Agent: The Standard Bank of South Africa Limited Sponsor: The Standard Bank of South Africa Limited Notes will be deposited in the Central Depository (“CSD”) and settlement will take place electronically in terms of JSE Rules. For further information on the Notes issued please contact: Nicholas Gunning Standard Bank (Sponsor) (011) 721 7112 Email: Nicholas.gunning@standardbank.co.za Date: 19/11/2019 09:23:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.