BNP PARIBAS ARBITRAGE ISSUANCE B.V. - Redemption on Certificates relating to Cadiz Dynamic Global Opportunities ER Index Fund due April 2015 - ZA009

Redemption on Certificates relating to Cadiz Dynamic Global Opportunities ER Index Fund due April 2015 - ZA009

BNP Paribas Arbitrage Issuance B.V.
(Incorporated in the Netherlands)
JSE Stock Code: ZA009
ISIN: ZAE000164034
(Previously ZAG000076969)
Series: CE0059SAD
("BNP")

REDEMPTION ON CERTIFICATES RELATING TO CADIZ DYNAMIC GLOBAL
OPPORTUNITIES ER INDEX FUND DUE APRIL 2015

Holders of the BNP Certificates relating to a Cadiz Dynamic
Global Opportunities ER Index Fund due April 2015 (the
Certificates) are hereby advised that the final redemption
amount to be paid on Wednesday, 22 April 2015, (the Redemption
Date) will be ZAR 0.5227 for each ZAR1 of nominal amount.

The salient dates relating to this redemption are as follows:

Last date to trade                    Friday, 10 April 2015
Suspension date                       Monday, 13 April 2015
Record Date                           Friday, 17 April 2015
Payment/Redemption Date               Wednesday, 22 April 2015
Termination date                      Thursday, 23 April 2015

Johannesburg
16 April 2015

Debt Sponsor
The Standard Bank of South Africa Limited

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