Capital Redemption and Interest Payable Announcement The Thekwini Fund 14 (RF) Limited (incorporated with limited liability in the Republic of South Africa) (Registration number: 2015/327767/07) Instrument Code: TH14A3 ISIN: ZAG000140450 Instrument Code: TH14A4 ISIN: ZAG000140468 Instrument Code: TH14A7 ISIN: ZAG000141953 Instrument Code: TH14A8 ISIN: ZAG000141961 Instrument Code: T14A11 ISIN: ZAG000143835 Instrument Code: T14A12 ISIN: ZAG000143843 Instrument Code: T14A13 ISIN: ZAG000164294 Instrument Code: TH14B1 ISIN: ZAG000140476 Instrument Code: TH14B2 ISIN: ZAG000141979 Instrument Code: TH14B3 ISIN: ZAG000143850 Instrument Code: TH14C1 ISIN: ZAG000140484 Instrument Code: TH14C2 ISIN: ZAG000141987 Instrument Code: TH14C3 ISIN: ZAG000143868 Instrument Code: TH14D1 ISIN: ZAG000140492 Instrument Code: TH14D2 ISIN: ZAG000141995 Instrument Code: TH14D3 ISIN: ZAG000143876 Capital Redemption and Interest Payable Announcement In accordance with the Terms and Conditions of The Thekwini Fund 14 (RF) Ltd notes, relevant noteholders are advised of the below capital redemption effective Monday, 23 November 2020. Partial Redemption Amount Capital Outstanding after Stock Code ISIN Redemption Capital Amount Redemption T14A13 ZAG000164294 R118 698 834.00 R175 181 567.00 The interest payable to the Noteholders for The Thekwini Fund 14 (RF) Limited on Monday, 23 November 2020 is as follows: Total Interest Amount in respect Interest of Aggregate Instrument Code Interest Rate % Payment Date Nominal Amount (R) TH14A3 23-Nov-20 5.33% 3 432 931.51 *TH14A4 23-Nov-20 10.10% 5 763 329.75 TH14A7 23-Nov-20 5.25% 10 793 507.51 *TH14A8 23-Nov-20 9.35% 12 864 575.34 T14A11 23-Nov-20 5.19% 4 091 580.49 *T14A12 23-Nov-20 9.15% 5 035 758.90 T14A13 23-Nov-20 4.54% 3 437 579.44 TH14B1 23-Nov-20 5.94% 642 712.77 TH14B2 23-Nov-20 5.64% 813 684.60 TH14B3 23-Nov-20 5.52% 497 736.44 TH14C1 23-Nov-20 6.44% 862 698.52 TH14C2 23-Nov-20 6.24% 337 581.04 TH14C3 23-Nov-20 6.12% 425 688.66 TH14D1 23-Nov-20 9.44% 875 389.81 TH14D2 23-Nov-20 9.23% 737 042.41 TH14D3 23-Nov-20 8.94% 552 689.10 *Fixed note interest is paid semi-annually. 18-Nov-20 Debt Sponsor The Standard Bank of South Africa Limited Date: 18-11-2020 12:05:00 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.