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Fri 7 Dec 2012, 8:30 BLUE GRANITE INVEST NO 2 (PTY) LTD - Blue Granite Investment No 2 (Proprietary) Limited Moodys Rating Action
BG22A1 BG22A2 BG22B1 BG22A3 BG22C1 BG22D1 BG22YU 201212070015A
Blue Granite Investment No 2 (Proprietary) Limited – Moody’s Rating Action

Blue Granite Investment No 2 (Proprietary) Limited – Moody’s
Rating Action

Date: 7 December 2012

Blue Granite Investment No 2 (Proprietary) Limited

Stock Code: BG22A3, BG22B1, BG22C1, BG22D1

ISIN Code: ZAG000087560, ZAG000087552, ZAG000087578,
ZAG000087586

Authorised Programme size          R5,000,000,000
Total notes issued                 R2,276,000,000

Sponsor: Standard Bank

MOODY’S INVESTOR SERVICE TAKES RATING ACTIONS ON BG22A3, BG22B1,
BG22C1 AND BG22D1 ISSUED BY BLUE GRANITE INVESTMENTS No.2
(PROPRIETARY) LIMITED (“BLUE GRANITE”).

Moody’s yesterday downgraded the Blue Granite Class A3 Notes
(BG22A3) from Aaa.za to Aa1.za (stable), Class B Notes (BG22B1)
from A1.za to A2.za (stable), Class C Notes from Baa1.za to
Baa2.za (stable) and the Class D Notes (BG22D1) from Ba2.za to
Ba3.za (stable).

A full statement can be found at the following address
http://www.moodys.com/research/Moodys-review-of-South-African-
RMBS-sector-triggers-rating-actions--PR_261493.

Further information on the Note issued please contact:
Mike Brunke              SBSA (Sponsor)      (011) 378 8101
Email: mike.brunke@standardbank.co.za

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