Notice of availability of annual financial statements THE CITY OF CAPE TOWN METROPOLITAN MUNICIPALITY (A Municipality in terms of Section 155 of the Constitution of the Republic of South Africa, duly established by notice in the Provincial Notice 479/2000 dated 22nd September 2000, of the Western Cape, pursuant to Section 12(1) and Section 14(2) of the Local Government: Municipal Structures Act, 1998 (Act 117 of 1998) as amended) JSE alpha code: BICITY (“CCT” or the “Municipality”) NOTICE OF AVAILABILITY OF ANNUAL FINANCIAL STATEMENTS CCT hereby notifies its debt investors that it has publicly released its 2018 Annual Report for the year ended 30 June 2018 (“Annual Report”) and that the unmodified audit report relating to the consolidated annual financial statements is unqualified. The Annual Report contains prior year restatements as a result of the correction of an error and the reclassification of prior year comparative figures in terms of GRAP 3. Full details of the restatement are set out in note 38 of the Annual Report. The Annual Report is available on the Municipality’s website at http://www.capetown.gov.za/local%20and%20communities/meet-the-city/city- reports/annual-reports and for inspection at the registered office of CCT at 12 Hertzog Boulevard, Cape Town, 8001, upon request. Cape Town 31 January 2019 Debt Sponsor Nedbank Corporate and Investment Banking Date: 31/01/2019 03:37:00 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.