THE THEKWINI FUND 13 (RF) LIMITED - Capital Redemption

Capital Redemption

The Thekwini Fund 13 (RF) Limited

Instrument Code:      TH13A1   ISIN:    ZAG000129099
                      TH13A5   ISIN:    ZAG000131616
                      TH13A9   ISIN:    ZAG000133901
                      T13A13   ISIN:    ZAG000136482

Date: 16 May 2018

Capital Redemption Announcement

In accordance with the Terms and Conditions of The Thekwini Fund
13 (RF) Limited notes, relevant noteholders are advised of the
below capital redemption effective Tuesday, 21 May 2018.

Partial Redemption
                                                              Amount
   Stock                               Capital          Outstanding after
                     ISIN
   Code                           Redemption Amount          Capital
                                                            Redemption
   TH13A1     ZAG000129099         R    13 750 000.00    R 13 750 000.00
   TH13A5     ZAG000131616          R   9 727 273.00      R 9 727 270.00
   TH13A9     ZAG000133901         R    11 500 000.00    R 11 500 000.00
   T13A13     ZAG000136482         R    12 888 889.00    R 12 888 888.00

For further information please contact:
Mike Brunke
The Standard Bank of South Africa Limited
+27 11 721 8101

Debt Sponsor
The Standard Bank of South Africa Limited

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