Capital Redemption and Interest Payable Announcement The Thekwini Fund 16 (RF) Limited (incorporated with limited liability in the Republic of South Africa) (Registration number: 2018/418593/06) Instrument Code: T16OM1 ISIN: ZAG000161720 Instrument Code: T16OM2 ISIN: ZAG000170119 Instrument Code: TH16A1 ISIN: ZAG000161662 Instrument Code: TH16A2 ISIN: ZAG000161670 Instrument Code: TH16A3 ISIN: ZAG000161688 Instrument Code: TH16A4 ISIN: ZAG000170036 Instrument Code: TH16A5 ISIN: ZAG000170044 Instrument Code: TH16B1 ISIN: ZAG000161696 Instrument Code: TH16B2 ISIN: ZAG000170051 Instrument Code: TH16C1 ISIN: ZAG000161704 Instrument Code: TH16C2 ISIN: ZAG000170069 Instrument Code: TH16D1 ISIN: ZAG000161712 Instrument Code: TH16D2 ISIN: ZAG000170077 Capital Redemption and Interest Payable Announcement In accordance with the Terms and Conditions of The Thekwini Fund 16 (RF) Ltd notes, relevant noteholders are advised of the below capital redemption effective Monday, 23 November 2020. Partial Redemption Amount Capital Outstanding Stock Code ISIN Redemption after Capital Amount Redemption T16OM2 ZAG000170119 R87 611 697.00 R234 388 303.00 The interest payable to the Noteholders for The Thekwini Fund 16 (RF) Limited on Monday, 23 November 2020 is as follows: Total Interest Amount in Instrument Interest respect of Interest Rate % Aggregate Code Payment Date Nominal Amount (R) T16OM1 23-Nov-20 4.33% 0.00 T16OM2 23-Nov-20 4.39% 3 642 111.12 TH16A1 23-Nov-20 4.70% 5 618 696.77 TH16A2 23-Nov-20 4.89% 12 623 772.49 *TH16A3 23-Nov-20 8.49% 0.00 TH16A4 23-Nov-20 4.93% 8 827 604.38 TH16A5 23-Nov-20 4.94% 4 594 570.63 TH16B1 23-Nov-20 5.13% 925 166.03 TH16B2 23-Nov-20 5.49% 636 470.14 TH16C1 23-Nov-20 5.44% 728 780.71 TH16C2 23-Nov-20 5.92% 503 288.88 TH16D1 23-Nov-20 7.59% 938 496.00 TH16D2 23-Nov-20 8.44% 956 605.81 *Fixed note interest is paid semi-annually. 18-Nov-20 Debt Sponsor The Standard Bank of South Africa Limited Date: 18-11-2020 12:14:00 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.