New Financial Instrument - DENG97 DENEL SOC LIMITED Stock Code: DENG97 ISIN Code: ZAG000165093 New Financial Instrument Listing Announcement The JSE Limited has granted a listing to DENEL SOC LIMITED on Interest Rate Market with effect from 11 December 2019. Authorised Programme size: R 4,000,000,000.00 Total Notes Outstanding (Including this issuance): R 3,415,000,000.00 Bond Code DENG97 Nominal Issued R 290,000,000.00 Issue Price 100% Coupon 8.55% (3 Month JIBAR as at 06 Dec 2019 of 6.8% plus 175 bps) Coupon Rate Indicator Floating Trade Type Price Final Maturity Date 11 December 2020 Books Close Date(s) 1 March, 1 June, 1 September, 1 December Interest Payment Date(s) 11 March, 11 June, 11 September, 11 December Last Day to Register By 17:00 on 29 February, 31 May, 31 August, 30 November Issue Date 11 December 2019 Date Convention Modified Following Interest Commencement Date 11 December 2019 First Interest Payment Date 11 March 2020 ISIN No. ZAG000165093 Additional Information RSA Guarantee Applicable Pricing Supplement https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/BondDocuments/DENG97%20Pricing%20Sup plement%2011122019.pdf The note will be dematerialised in the Central Securities Depository (“CSD”) and settlement will take place electronically in terms of JSE Rules. For further information on the Note issue please contact: Allister Lamont-Smith Nedbank CIB +27 11 2944833 Corporate Actions JSE +27 11 5207000 11 December 2019 Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited. Date: 11-12-2019 10:28:00 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.