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Wed 17 May 2017, 12:20 THE REPUBLIC OF NAMIBIA - Credit Rating Announcement - THRNI
NAM01 NAM02 NAM03 NAM04 201705170022A
Credit Rating Announcement -  THRNI

The Republic of Namibia
(Incorporated in the Republic of Namibia)
(Registration No. 1929/001225/06)
Company code: THRNI
(“Republic of Namibia” or “the Issuer”)


CREDIT RATING ANNOUNCEMENT

Noteholders are advised that the Issuer has formally accepted the rating assigned by Fitch Ratings
(“Fitch”) on 21 April 2017. Fitch has assigned AAA(zaf); with the outlook accorded as negative.

The report may be retrieved at the below link: https://www.fitchratings.com/site/pr/1022527.


17 May 2017


Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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