TRANSACTION CAPITAL LIMITED - Bayport's limited exposure to mineworkers
TCP BAYA01 BAYA02 BAYA03 BAYA04 BAYA08 BAYA05 BAYA09 BAYA06 BAYA10 BAYA07 BAYA12 BAYA13 BAYA14 BAYA11 BAYC1U BAYD1U BAYD3U BAYD4U BAYD5U BAYD6U BAYD2U BAYB01 201209210041A
Bayport's limited exposure to mineworkers
TRANSACTION CAPITAL LIMITED BAYPORT SECURITISATION (RF) LTD
(formerly Transaction Capital Proprietary Limited) (formerly Bayport Securitisation Proprietary Limited)
(Incorporated with limited liability in the Republic of (Incorporated with limited liability in the Republic of
South Africa) South Africa)
Registration number 2002/031730/06 Registration number 2008/003557/06
JSE share code: TCP (with registration number 2008/003557/07)
ISIN: ZAE000167391 (“Bayport Securitisation”)
(“Transaction Capital”)
BAYPORT'S LIMITED EXPOSURE TO MINEWORKERS
Arising from questions posed at the Transaction Capital pre-closing meetings with investors in Johannesburg and
Cape Town, we hereby advise that Bayport – the Group’s unsecured lending division – has over the years limited its
exposure to mineworkers such that loans to this category of employee constitute 0.87% of the division’s R4.5 billion
debtors book. Accordingly disruption arising from current or future mineworker industrial relations activity does not
constitute a risk to Bayport or Transaction Capital.
Sandton
21 September 2012
Sponsor
Deutsche Securities (SA) Proprietary Limited
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