ABL/ABLP/ BIABL - African Bank Investments Limited/ African Bank Limited -

ABL   ABLP
ABL   BIABL                                                                     
ABL/ABLP/ BIABL - African Bank Investments Limited/ African Bank Limited -      
African Bank issues USD350 million of senior Unsecured Bonds                    
AFRICAN BANK INVESTMENTS LIMITED                                                
(Incorporated in the Republic of South Africa)                                  
(Registered bank controlling company)                                           
(Registration number 1946/021193/06)                                            
Ordinary share code: ABL ISIN: ZAE000030060                                     
Preference share code: ABLP ISIN: ZAE000065215                                  
("ABIL")                                                                        
and                                                                             
African Bank Limited                                                            
(Incorporated in the Republic of South Africa)                                  
(Registered bank)                                                               
(Registration number 1975/002526/06)                                            
Company code: BIABL                                                             
("African Bank")                                                                
AFRICAN BANK ISSUES USD350 MILLION OF SENIOR UNSECURED BONDS                    
African Bank (a wholly-owned subsidiary of ABIL) has issued a USD 350 million   
five year fixed rate senior unsecured bond (ISIN XS0751016865), with a final    
redemption date of 24 February 2017.  This bond was issued at a credit spread of
693bps above the prevailing five year US Dollar midswaps rate. African Bank has 
executed a USD/ZAR cross currency hedge, swapping all future US Dollar exposure 
into fixed ZAR exposure.                                                        
The bond will listed on the London Stock Exchange on 27 February 2012. It is the
second listed bond issued under African Bank`s USD 2 billion Euro Medium Term   
Note programme.                                                                 
For further information please contact Steven Kahanovitz on +27 11 564 6709 or  
Gavin Jones on +27 11 564 6868.                                                 
Midrand                                                                         
22 February 2012                                                                
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Joint bookrunners and lead managers                                             
CREDIT SUISSE SECURITIES (Europe) LIMITED, GOLDMAN SACHS INTERNATIONAL,         
STANDARD CHARTERED BANK, RAND MERCHANT BANK (A division of FirstRand Bank       
Limited - London Branch)                                                        
Date: 22/02/2012 16:20:01 Produced by the JSE SENS Department.                  
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