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Tue 7 Aug 2012, 12:37 AFRICAN BANK LIMITED - EARLY REDEMPTION OF CALLABLE SUBORDINATED DEBT FULL CAPITAL REDEMPTION
ABLS1 201208070021A
EARLY REDEMPTION OF CALLABLE SUBORDINATED DEBT – FULL CAPITAL REDEMPTION

African Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1975/002526/06)
Company code: BIABL
(“African Bank”)


EARLY REDEMPTION OF CALLABLE SUBORDINATED DEBT     –   FULL
CAPITAL REDEMPTION

Investors in the ABLS1 note are herewith advised that
African Bank has exercised its option to redeem the Note,
which redemption will take effect on 8 August 2012. This
redemption is in accordance with the Terms and Conditions
of African Bank’s R25 billion Domestic Medium Term Note
Programme and specifically sections 26 and 27 of the ABLS1
applicable pricing supplement.

                Optional               Amount outstanding
                Redemption Amount      per this instrument
                                       after the Optional
                                       Redemption
ABLS1           R 300,000,000.00       R 0.00




7 August 2012

Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

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