The Thekwini Fund 15 (RF) Limited Interest rate reset THTI The Thekwini Fund 15 (RF) Limited (incorporated with limited liability in the Republic of South Africa) (Registration number: 2017/052656/06) Issuer Code: THTI The Thekwini Fund 15 (RF) Limited Interest rate reset Please note, for the interest period from and including 22 February 2021 to, but excluding, 21 May 2021, the interest rates for The Thekwini Fund 15 (RF) Limited Notes will be as follows: • R 519 000 000.00 Class A2 Secured Floating Rate Notes due 21 November 2052 (the Class A Notes) (ISIN No. ZAG000148743; Bond Exchange Listing Code TH15A2) • R 307 000 000.00 Class A3 Secured Fixed Rate Notes due 21 November 2052 (the Class A Notes) (ISIN No. ZAG000148685; Bond Exchange Listing Code TH15A3)* • R 800 000 000.00 Class A5 Secured Floating Rate Notes due 21 November 2052 (the Class A Notes) (ISIN No. ZAG000151432; Bond Exchange Listing Code TH15A5) • R 500 000 000.00 Class A8 Secured Floating Rate Notes due 21 November 2052 (the Class A Notes) (ISIN No. ZAG000155284; Bond Exchange Listing Code TH15A8) • R 536 933 911.00 Class A9 Secured Floating Rate Notes due 21 November 2052 (the Class A Notes) (ISIN No. ZAG000172479; Bond Exchange Listing Code TH15A9) • R 49 000 000.00 Class B1 Secured Floating Rate Notes due 21 November 2052 (the Class B Notes) (ISIN No. ZAG000148693; Bond Exchange Listing Code TH15B1) • R 38 000 000.00 Class B2 Secured Floating Rate Notes due 21 November 2052 (the Class B Notes) (ISIN No. ZAG000151457; Bond Exchange Listing Code TH15B2) • R 44 000 000.00 Class B3 Secured Floating Rate Notes due 21 November 2052 (the Class B Notes) (ISIN No. ZAG000155342; Bond Exchange Listing Code TH15B3) • R 44 000 000.00 Class C1 Secured Floating Rate Notes due 21 November 2052 (the Class C Notes) (ISIN No. ZAG000148701; Bond Exchange Listing Code TH15C1) • R 25 000 000.00 Class C2 Secured Floating Rate Notes due 21 November 2052 (the Class C Notes) (ISIN No. ZAG000151465; Bond Exchange Listing Code TH15C2) • R 24 000 000.00 Class C3 Secured Floating Rate Notes due 21 November 2052 (the Class C Notes) (ISIN No. ZAG000155334; Bond Exchange Listing Code TH15C3) • R 42 000 000.00 Class D1 Secured Floating Rate Notes due 21 November 2052 (the Class D Notes) (ISIN No. ZAG000148719; Bond Exchange Listing Code TH15D1) • R 27 000 000.00 Class D2 Secured Floating Rate Notes due 21 November 2052 (the Class D Notes) (ISIN No. ZAG000151473; Bond Exchange Listing Code TH15D2) • R 24 000 000.00 Class D3 Secured Floating Rate Notes due 21 November 2052 (the Class D Notes) (ISIN No. ZAG000155326; Bond Exchange Listing Code TH15D3) (Collectively, the Notes) Notice is hereby given, in accordance with condition 8.3. of the terms and conditions of the Notes, that the JIBAR rate for the interest period (from and including 22 February 2021 to, but excluding, 21 May 2021) based on JIBAR for 3-month Rand deposits for the floating rate Notes, was fixed at 3.642% on 22 February 2021. • Interest on the Class A2 Floating Rate Notes for the interest period was set at 5.292% • *Interest on the Class A3 Fixed Rate Notes for the interest period was set at 9.82% • Interest on the Class A5 Floating Rate Notes for the interest period was set at 5.232% • Interest on the Class A8 Floating Rate Notes for the interest period was set at 5.052% • Interest on the Class A9 Floating Rate Notes for the interest period was set at 4.832% • Interest on the Class B1 Floating Rate Notes for the interest period was set at 5.512% • Interest on the Class B2 Floating Rate Notes for the interest period was set at 5.432% • Interest on the Class B3 Floating Rate Notes for the interest period was set at 5.342% • Interest on the Class C1 Floating Rate Notes for the interest period was set at 5.982% • Interest on the Class C2 Floating Rate Notes for the interest period was set at 5.842% • Interest on the Class C3 Floating Rate Notes for the interest period was set at 5.742% • Interest on the Class D1 Floating Rate Notes for the interest period was set at 8.892% • Interest on the Class D2 Floating Rate Notes for the interest period was set at 8.392% • Interest on the Class D3 Floating Rate Notes for the interest period was set at 7.872% *Fixed note interest is paid semi-annually. 22 February 2021 Debt Sponsor The Standard Bank of South Africa Limited Date: 22-02-2021 04:48:00 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.