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Fri 15 Apr 2011, 16:04 PC1 - Private Commercial Mortgages (Pty) Limited - Full Capital
JSE
PC1                                                                             
PC1 - Private Commercial Mortgages (Pty) Limited - Full Capital                 
Private Commercial Mortgages (Pty) Limited                                      
JSE Code: PC1                                                                   
In accordance with the Terms and Conditions of Private Commercial Mortgages     
(Pty) Limited, investors are herewith advised of the full capital redemption of 
the PC1A1R, PC1A2, PC1A3, PC1B1, PC1C1, PC1D1 and PC1E1 notes effective 20 April
2011.                                                                           
ISIN                     Capital Redemption        Amount Outstanding           
                          Amount                  After Capital                 
PC1A1R    ZAG000038100   R 11,336,868.00             R0.00                      
PC1A2     ZAG000038118   R 265,428,467.00            R0.00                      
PC1A3     ZAG000038167   R 240,000,000.00            R0.00                      
PC1B1     ZAG000038126   R 84,323,845.00             R0.00                      
PC1C1     ZAG000038134   R 77,616,267.00             R0.00                      
PC1D1     ZAG000038142   R 67,075,786.00             R0.00                      
PC1E1     ZAG000038159   R 52,702,404.00             R0.00                      
Date 15 April 2011                                                              
Sponsor                                                                         
Investec Bank Limited                                                           
Date: 15/04/2011 16:04:38 Produced by the JSE SENS Department.                  
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