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Mon 5 Oct 2015, 11:50 BASIL READ HOLDINGS LIMITED - Voluntary announcement - Domestic Medium Term Note redemption
BSR 201510050020A
Voluntary announcement - Domestic Medium Term Note redemption

Basil Read Holdings Limited
(Incorporated in the Republic of South Africa)
Registration Number 1984/007758/06
Share Code: BSR ISIN: ZAE000029781
("Basil Read" or "the Company")


VOLUNTARY ANNOUNCEMENT ? DOMESTIC MEDIUM TERM NOTE REDEMPTION

ISIN: ZAG000127309
Bond Code: BSR15

On 19 June 2015, Basil Read Limited, a wholly-owned subsidiary of Basil
Read, issued the BSR14, BSR15, BSR16 and BSR17 notes totalling R205,000,000
under its Domestic Medium Term Note (DMTN) programme dated 17 November
2008.  This programme is unconditionally and irrevocably guaranteed by Basil
Read.

Shareholders are advised that Basil Read Limited partially redeemed BSR15
on 2 October 2015 by repurchasing a portion of BSR15, in line with the
contractual terms of the note. The amount outstanding under the DMTN
programme has therefore reduced from R145,000,000 to R135,100,000.

Johannesburg
5 October 2015

Company Secretary
Andiswa T Ndoni

JSE Sponsor
Grindrod Bank Limited

Debt Sponsor
Nedbank CIB

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