ABKI - Interest Payment Notifications AFRICAN BANK LIMITED (Incorporated in the Republic of South Africa) (Registration No. 2014/176899/06) Company code: ABKI Bond code: ABJ01 ISIN: ZAG000164914 Bond code: ABK6 ISIN: ZAG000134479 Bond code: ABK8 ISIN: ZAG000134495 Bond code: ABKI04 ISIN: ZAG000134578 (“African Bank”) INTEREST PAYMENT NOTIFICATIONS Noteholders are advised of the following interest payments due 3 March 2020: Bond code: ABJ01 ISIN: ZAG000164914 Coupon: 10.608% Interest amount due: ZAR 14 546 038.36 Bond code: ABK8 ISIN: ZAG000134495 Coupon: 9.448% Interest amount due: ZAR 3 599 247.96 Interest period: 3 December 2019 to 2 March 2020 Payment date: 3 March 2020 Date Convention: Modified Following Business Day Noteholders are advised of the following interest payment due 5 March 2020: Bond code: ABK6 ISIN: ZAG000134479 Coupon: 9.300% Interest period: 5 December 2019 to 4 March 2020 Interest amount due: ZAR 5 156 633.42 Payment date: 5 March 2020 Date Convention: Modified Following Business Day Noteholders are advised of the following interest payment due 13 March 2020: Bond code: ABKI04 ISIN: ZAG000134578 Fixed coupon rate: 5.750% Rate for the period: 2.875% Reference CPI: 113.61613 Base CPI: 82.38352 Applicable formula: (Nominal Amount x CPI Adjustment x Interest Rate) / 2, where: - CPI Adjustment = Reference CPI / Base CPI; and - Ref CPIDate = Ref CPIJ + (t – 1 / D) x (Ref CPIJ+1 – Ref CPIJ), all of the above terms as defined in the applicable pricing supplement Interest amount due: ZAR 19 031 750.45 Payment date: 13 March 2020 Date Convention: Modified Following Business Day URL: https://www.africanbank.co.za/en/home/corporate-info- debt-investor-info, by selecting 2016 under “Funding overview” to access the relevant pricing supplement 27 February 2020 Debt Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Think Precinct, 1 Merchant Place Cnr Fredman Drive & Rivonia Road Sandton 2196, South Africa P O Box 786273, Sandton, 2146, South Africa Date: 27-02-2020 10:15:00 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.