Publication of Annual Report 2016 BNP Paribas Arbitrage Issuance B.V. (incorporated with unlimited liability in The Netherlands) (the Issuer) PUBLICATION OF ANNUAL REPORT 2016 Holders are advised that the Issuer published its Annual Report 2016 (“the Report”) on its website on or about 21 April 2017. The Report is available on the Issuer’s website at the following link: https://rates-globalmarkets.bnpparibas.com/gm/Public/LegalDocs.aspx Johannesburg 29 June 2017 Debt Sponsor The Standard Bank of South Africa Limited Date: 29/06/2017 04:30:00 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.