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JSE
GEN
GEN - Collateralised Auto Receivables Securitisation Programme
(Proprietary) Limited1 - Optional Redemption Announcement
Market Notice
Date: 22 September 2010
Subject: Optional Redemption Announcement
(Collateralised Auto Receivables Securitisation Programme
(Proprietary) Limited1 - 1CRA43, 1CRA51, 1CRB3, 1CRC3, 1CRD3 and
1CRE3
In accordance with the provisions of clause 7.5 of the
Terms and Conditions of Collateralised Auto Receivables
Securitisation Programme (Proprietary) Limited Programme
Memorandum and Series Supplement dated 12 October 2006 -
1CRA43, 1CRA51, 1CRB3, 1CRC3, 1CRD3 and 1CRE3 Notes due
12 October 2026, the Issuer has hereby requested the JSE
to notify Noteholders, with effect from 22 September
2010, that the Issuer will exercise the Note Clean up
Call Option on 12 October 2010.
Capital withdrawal Amount Amount outstanding after
withdrawal
1CRA43 R 493,330,376 R Nil
1CRA51 R 62,500,000 R Nil
1CRB3 R 14,084,916 R Nil
1CRC3 R 15,103,975 R Nil
1CRD3 R 10,232,954 R Nil
1CRE3 R 6,003,974 R Nil
For further information on the Redemption please contact:
Prasanna Nana: ABSA Capital, a division of ABSA Bank Limited
(011) 895 7057
Sanusha Chetty: ABSA Capital, a division of ABSA Bank Limited
(011) 895 7032
Date: 22/09/2010 15:43:01 Produced by the JSE SENS Department.
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