BNP PARIBAS ARBITRAGE ISSUANCE B.V. - ZA055-Exercise of Warrants

ZA055-Exercise of Warrants

BNP Paribas Arbitrage Issuance B.V.
(Incorporated in the Netherlands)
JSE Stock Code: ZA055
ISIN: ZAE000174900

Series: WT1033SAD
("BNP")

EXERCISE OF WARRANTS RELATING TO FTSE/JSE AFRICA TOP 40 INDEX

Holders of the BNP Warrants relating to the FTSE/JSE Africa Top 40 Index
due 20 February 2017 (the Warrants) are hereby advised that the final
payment amount to be paid on Monday, 20 February 2017 (the Redemption
Date), will be ZAR0.22 for each ZAR0.1189 of nominal amount.

The salient dates relating to this payment are as follows:

Last date to trade                                Tuesday, 14 February
Suspension date                                   Wednesday, 15 February
Record Date                                       Friday, 17 February
Payment/Redemption Date                           Monday, 20 February
Termination date                                  Tuesday, 21 February


Johannesburg
15 February 2017
Debt Sponsor
The Standard Bank of South Africa Limited

Date: 15/02/2017 02:51:00 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.