MML01 and MML02 - Listing of New Financial Instruments MOMENTUM METROPOLITAN HOLDINGS LIMITED (Formerly MMI HOLDINGS LIMITED) Incorporated in the Republic of South Africa) Registration number: 2000/031756/06 ISIN Code: ZAE000149902 JSE Share Code: MTM NSX Share Code: MMT (“MMH” or “the Guarantor”) Momentum Metropolitan Life Limited (Formerly MMI Group Limited) Incorporated in the Republic of South Africa Registration No. 1904/002186/06 Company code: MMIG (“MML” or “the Issuer”) Bond code: MML01 ISIN: ZAG000164864 Bond code: MML02 ISIN: ZAG000164872 LISTING OF NEW FINANCIAL INSTRUMENTS The JSE Limited has granted MML the listing of its Unsecured Subordinated Floating Rate Notes and Unsecured Subordinated Fixed Rate Notes, in terms of its Unsecured Subordinated Note Programme dated 4 November 2019 (“the Programme”), as guaranteed by Momentum Metropolitan Holdings Limited, effective 10 December 2019. The R750m raised will be used to settle bond MMIG03 maturing in June 2020. Debt Security Code: MML01 ISIN: ZAG000164864 Type of Debt Security: Floating Rate Notes Nominal Issued: ZAR 290 000 000.00 Coupon Rate: 3 Month JIBAR plus 175 basis points Interest Determination Date(s): 10 March, 10 June, 10 September and 10 December of each year until the Maturity Date, with the first interest determination date being 5 December 2019 First Interest Payment Date: 10 March 2020 Interest Payment Date(s): 10 March, 10 June, 10 September and 10 December of each year until the Maturity Date Last Day to Register: By 17h00 on 28 February, 31 May, 31 August and 30 November of each year until the Maturity Date Books Close: 1 March, 1 June, 1 September and 1 December of each year until the Maturity Date Debt Security Code: MML02 ISIN: ZAG000164872 Type of Debt Security: Fixed Rate Notes Nominal Issued: ZAR 460 000 000.00 Coupon Rate: 9.29% First Interest Payment Date: 10 June 2020 Interest Payment Date(s): 10 June and 10 December each year until the Maturity Date Last Day to Register: By 17h00 on 31 May and 30 November each year until the Maturity Date Books Close: 1 June and 1 December each year until the Maturity Date Issue Date: 10 December 2019 Issue Price: 100 % Interest Commencement Date: 10 December 2019 Business Day Convention: Following Business Day Maturity Date: 10 December 2026 Final Maturity Amount: 100% Other: The pricing supplement does not contain additional terms and conditions or changes to the terms and conditions as contained in the Programme Summary of Additional Terms: Not Applicable Programme Amount: ZAR 10 000 000 000.00 Total Notes in Issue Under Programme: ZAR 4 250 000 000.00, exclusive of this issuance of notes Dealer: FirstRand Bank Limited, acting through its Rand Merchant Bank division 6 December 2019 Debt Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 06-12-2019 05:40:00 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.