INDUSTRIAL DEVELOPMENT CORPORATION OF SOUTH AFRICA LIMITED - Listing of Tap Issue - IDCS06

Listing of Tap Issue - IDCS06

Industrial Development Corporation of South Africa Limited Incorporated in the
Republic of South Africa)
Registration No. 1940/014201/06) Issuer code:
IN02
Bond Code: IDCS06         ISIN No: ZAG000216557
(the "IDC")


LISTING OF TAP ISSUE - IDCS06

The JSE Limited has granted additional listing of sustainable notes under IDC's Domestic Medium Term Note Programme,
on the Interest Rate Market.

Authorized Programme Size                     R 50 000 000 000.00
Total Notes in issue                          R 36 621 000 000.00 (excluding this tranche)

Full note details are set out below:

Bond Code                                     IDCS06
Nominal Before Issue:                         R 355 000 000.00
Nominal Issued:                               R 400 000 000.00
Nominal After Issue:                          R 755 000 000.00
Instrument Type                               Floating Rate Note
Issue price                                   102.502956% of Tranche 3
Coupon                                        3 Month JIBAR plus 185bps
Coupon Rate Indicator                         Floating
Trade Type                                    Price
Final Redemption Date                         23 June 2030
Books Close Date(s)                           Each period from (and including) 13 March to 22 March, 13 June to 22 June,
                                              13 September to 22 September and 13 December to 22 December of each
                                              year, being 10 (ten) days prior to each Interest Payment Date and/or the
                                              Applicable Redemption Date.

Interest Payment Date(s)                      Quarterly in arrears on 23 March, 2 3 J u n e, 2 3 S e p t e m b e r, and
                                              23 December or, if any such day is not a Business Day, the Business Day on
                                              which interest will be paid as determined in accordance with the applicable
                                              Business Day Convention. This shall be in each year for the period from (and
                                              including) the Interest Commencement Date to (but excluding) the Applicable
                                              Redemption Date.

Interest Determination Date(s)                The first day of each Interest Period; provided that the Rate Determination
                                              Date for the first Interest Period shall be 29 September 2025.

Last day to register                          By 17H00 (South Africa time) on 12 March, 12 June, 12 September,
                                              and 12 December of each year until the Applicable Redemption Date
Issue Date                                    12 December 2025 (in respect of Tranche 3)

Date Convention                                Following
Interest Commencement Date                    23 September 2025 (in respect of Tranche 3)

First Interest Payment Date                   23 December 2025 (in respect of Tranche 2) and 23 March 2026 (in respect of 3).
ISIN No                                       ZAG000216557
Additional Information                        Senior, Unsecured




Johannesburg
11 December 2025

Debt sponsor
The Standard Bank of South Africa Limited

Date: 11-12-2025 02:48:00
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.