DOLOMITE CAPITAL LIMITED - DOL009-Partial Redemption

DOL009-Partial Redemption

Dolomite Capital Limited
(Incorporated with limited liability in the Cayman Islands)
(Registration No. 131853)
Company code: DLMC
(“Dolomite”)
Bond Code: DOL009



Credit Event and Partial Redemption Notice



In accordance with paragraph 7.44 of the JSE Debt Listings
Requirements, noteholders are hereby advised of the credit
event which has occurred in relation to RALLYE SA, being the
reference entity of the notes on or about 24 May 2019.

We also refer to the DC Resolution in respect of issue number
2019052401 dated 28 May 2019 whereby the Credit Derivatives
Determinations Committee for the EMEA Region resolved that a
Bankruptcy Credit Event has occurred:

https://www.cdsdeterminationscommittees.org/documents/2019/05/dc-
decision-rallye-28-may-2019.pdf

In accordance with the provisions of the Confirmation, the
Cross-Currency Swap Transaction shall partially terminate per
below:



Partial Reduction Amount      Amount following Partial Reduction

ZAR 4,751,088.00                 ZAR 13,957,617.00




Words and expressions defined in the Trust Instrument relating
to the Securities shall bear the same meanings in this notice,
unless the context otherwise requires.



 17 July 2019


Debt Sponsor
The Standard Bank of South Africa Limited

Date: 17/07/2019 04:20:00
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