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Thu 27 Mar 2014, 9:11 NEW GOLD ISSUER LIMITED - Results of Initial Offer For NewGold Palladium Debentures By NewGold Issuer Limited (RF)
NGPLD 201403270014A
Results of Initial Offer For NewGold Palladium Debentures By NewGold Issuer Limited (RF)

NEWGOLD ISSUER LIMITED (RF)
(“NewGold Palladium Debentures” or the “NewPall ETF”)
Abbreviated name: NewPall
Share code: NGPLD
ISIN: ZAE000000182507

RESULTS OF THE INITIAL OFFER FOR NEWGOLD PALLADIUM DEBENTURES BY NEWGOLD
ISSUER LIMITED (RF)

Further to the announcement published on the Stock Exchange News Service of the JSE Limited
(“JSE”) on Thursday, 20 March 2014, and pursuant to the initial offer, 884,696 NewGold Palladium
Debentures referencing approximately 8,846.960 fine troy ounces of palladium will be issued and
listed on the main board of the JSE, in the "Exchange Traded Funds" sector, with effect from today,
27 March 2014, at an approximate issue price of R83.83 per NewGold Palladium Debenture.

27 March 2014

Originator, issuer agent, corporate advisor and sponsor
Absa Bank Limited (acting through its Corporate and Investment Banking division)




Attorneys

Date: 27/03/2014 09:11:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.
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