THE LAND AND AGRICULTURAL DEVELOPMENT BANK OF SOUTH AFRICA - BILB-LBK29 Partial Reduction

BILB-LBK29 Partial Reduction

The Land and Agricultural Development Bank of South Africa
(JSE Code: BILB)
(the “Land Bank”)


LBK29            ZAG 000151853


Partial Redemption


In accordance with the Terms and Conditions of the Land and Agricultural Development Bank of South Africa
ZAR30 Billion Domestic Medium Term Note Programme, note holders are advised of the redemption of certain
LBK29 notes held by Land Bank, effective 30 October 2020. The details are as follows:


 Buy-back amount           Effective Date             Outstanding     Amount     LBK29
                                                      Following buy-back
 R9,000,000.00             30 October 2020            R765,000,000.00            ZAG 000151853

The redemption is a result of Land Bank redeeming and cancelling the LBK29 notes which were held in the
name of Land Bank in the Bank’s Sinking Fund following the liquidation of the fund. As the notes were owned
by Land Bank, no payment was made.



15 December 2020



Debt Sponsor
The Standard Bank of South Africa Limited

Date: 15-12-2020 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.