CTMM - The City of Tshwane Metropolitan Municipality Investor Engagements THE CITY OF TSHWANE METROPOLITAN MUNICIPALITY (A municipality as described in section 2 of the Local Government Municipal Systems Act, 2000, duly established in terms of Notice No. 6770, promulgated in the Provincial Gazette Extraordinary of 1 October 2000 in terms of section 12(1) read with section 14(2) of the Local Government: Municipal Structures Act, 1998, as amended) (Issuer code: CTMM) (“City of Tshwane” or “City”) Update: The City of Tshwane Metropolitan Municipality Domestic Medium-Term Note Programme - Investor Update On 15 April 2020, the City of Tshwane provided an update on investor engagements regarding the City being placed under administration. The City of Tshwane made available a few documents for investors to view, including cash flow projections. The City would like to clarify that the forecast financial information has not been reviewed and reported on by the City of Tshwane’s auditors. For further information, please reach out to the Tshwane Metropolitan Municipality: Mmaseabata Mutlaneng: Acting City Manager Umar Banda: Chief Financial Officer Tel: 012 358 8101 Email: umarb@tshwane.gov.za Johannesburg 23 September 2020 Debt Sponsor Absa Bank Limited (acting through its Corporate and Investment Bank division) Date: 23-09-2020 05:30:00 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.