TRANSNET SOC LIMITED - BITRA - Update on delays in finalising Transnet's 31 March 2021 year-end audit

BITRA - Update on delays in finalising Transnet's 31 March 2021 year-end audit

Transnet SOC Limited
(Incorporated in the Republic of South Africa)
(Registration Number: 1990/000900/30)
Issuer Bond Code: BITRA
(“Transnet”, “the Company” or the “Issuer”)


UPDATE ON DELAYS IN FINALISING TRANSNET’S 31 MARCH 2021 YEAR END
AUDIT


Following the voluntary SENS issued on 29 September 2021 and 08 October 2021, Transnet
Noteholders are hereby provided an update of the status of the external audit of Transnet
for the financial year ended 31 March 2021.

The irregular expenditure matter has not yet been resolved and Transnet still awaits final
feedback from National Treasury and the Auditor General of South Africa.

Transnet is confident that it will be in a position to release its Annual financial statements,
incorporating the outcome of the engagements with National Treasury, by 29 October 2021.

Johannesburg
15 October 2021

JSE Debt Sponsor
Absa Corporate and Investment Bank (a division of Absa Bank Limited)

Date: 15-10-2021 05:35:00
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