Publication of the Supplements to the Base Prospectus BNP Paribas Arbitrage Issuance B.V. (incorporated in The Netherlands) (“BNP Arbitrage”) BNP Paribas (incorporated in France) (“BNP Paribas”, together with BNP Arbitrage, the “Issuers”) PUBLICATION OF THE SUPPLEMENTS TO THE BASE PROSPECTUSES IN RESPECT OF NOTES, WARRANTS AND CERTIFICATES IN RELATION TO THE NOTE, WARRANT AND CERTIFICATE PROGRAMME (the “Programme”) The Issuers prepared a seventh supplement dated 28 February 2017 (the "Seventh Supplement in respect of Notes") which is supplemental to, and should be read in conjunction with, the base prospectus dated 9 June 2016 (the "Base Prospectus in respect of Notes"), the first supplement to the Base Prospectus dated 14 June 2016 (the "First Supplement in respect of Notes"), the second supplement to the Base Prospectus dated 21 June 2016 (the “Second Supplement in respect of Notes”), the third supplement to the Base Prospectus dated 4 August 2016 (the “Third Supplement in respect of Notes”), the fourth supplement to the Base Prospectus dated 15 September 2016 (the “Fourth Supplement in respect of Notes”), the fifth supplement to the Base Prospectus dated 12 October 2016 (the “Fifth Supplement in respect of Notes”)and the sixth supplement to the Base Prospectus dated 9 November 2016 (the “Sixth Supplement in respect of Notes”) in respect of Notes issued under the Programme. The Issuers prepared a fifth supplement dated 28 February 2017 (the "Fifth Supplement in respect of Warrants") which is supplemental to, and should be read in conjunction with, the base prospectus dated 9 June 2016 (the "Base Prospectus in respect of Warrants"), the first supplement to the Base Prospectus dated 28 June 2016 (the "First Supplement in respect of Warrants"), the second supplement to the Base Prospectus dated 4 August 2016 (the "Second Supplement in respect of Warrants"), the third supplement to the Base Prospectus dated 12 October 2016 (the "Third Supplement in respect of Warrants") and the fourth supplement to the Base Prospectus dated 9 November 2016 (the "Fourth Supplement in respect of Warrants") in respect of Warrants issued under the Programme. The Issuers prepared a fourth supplement dated 28 February 2017 (the "Fourth Supplement in respect of Certificates") which is supplemental to, and should be read in conjunction with, the base prospectus dated 9 June 2016 (the "Base Prospectus in respect of Certificates") and the first supplement to the Base Prospectus dated 4 August 2016 (the "First Supplement in respect of Certificates"), the second supplement to the Base Prospectus dated 12 October 2016 (the "Second Supplement in respect of Certificates") and the third supplement to the Base Prospectus dated 9 November 2016 (the "Third Supplement in respect of Certificates") in respect of Certificates issued under the Programme. The Seventh Supplement in respect of Notes, the Fifth Supplement in respect of Warrants and the Fourth Supplement in respect of Certificates, are collectively referred to as the “Supplements”. The Supplements are available on the Issuers’ website at the following link https://rates- globalmarkets.bnpparibas.com/gm/Public/LegalDocs.aspx Johannesburg 15 March 2017 Debt Sponsor The Standard Bank of South Africa Limited Date: 15/03/2017 12:19:00 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.