Tap Issue Announcement - DVF25 Development Bank of Southern Africa Limited Registration number : 1600157FN (“DBSA” or the “Issuer”) Stock Code: DVF25 ISIN Code: ZAG000158197 Tap Issue Announcement: The JSE Limited has granted a listing to DEVELOPMENT BANK OF SOUTHERN AFRICA on Interest Rate Market with effect from 23 April 2019. Authorised Programme size R80,000,000,000.00 Total Notes Outstanding R31,401,000,000.00(including the issuances noted below) INSTRUMENT TYPE: FLOATING RATE NOTE Bond Code DVF25 Nominal Issued R 200,000,000.00 Issue Price 100.49767% Coupon 8.65% (3 Month JIBAR as at 28 March 2019 of 7.150% plus 150 bps) Coupon Rate Indicator Floating Trade Type Price Final Maturity Date 2 April 2024 Books Close Date(s) 23 December, 23 March, 23 June, 23 September Interest Payment Date(s) 2 January, 2 April, 2 July, 2 October Nedbank Group Limited Internal Use Only Last Day to Register By 17:00 on 22 December, 22 March, 22 June, 22 September Issue Date 23 April 2019 Date Convention Following Interest Commencement Date 2 April 2019 First Interest Payment Date 2 July 2019 ISIN No. ZAG000158197 Additional Information Senior Unsecured Floating Rate Notes Additional terms and N/A conditions The note will be dematerialised in the Central Securities Depository (“CSD”) and settlement will take place electronically in terms of JSE Rules. For further information on the Note issue please contact: Nswana Mwangu Nedbank +27 11 2947997 Corporate Actions JSE +27 11 5207000 23 April 2019 Sponsor: Nedbank Corporate and Investment Bank, a division of Nedbank Limited Nedbank Group Limited Internal Use Only Date: 23/04/2019 10:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of 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.