CITY OF JOHANNESBURG METROPOLITAN MUNICIPALITY - Update regarding recent media speculation in respect of Eskom debt claim

Update regarding recent media speculation in respect of Eskom debt claim

CITY OF JOHANNESBURG METROPOLITAN MUNICIPALITY
(a municipality as described in section 2 of the Local Government Municipal Systems Act, 2000, duly
established in terms of Notice No. 6766, promulgated in the Provincial Gazette Extraordinary of
1 October 2000 in terms of section 12(1) read with section 14(2) of the Local Government: Municipal
Structures Act, 1998, as amended)
Issuer Bond Code: BIJHB
(the "City")

UPDATE REGARDING RECENT MEDIA SPECULATION IN RESPECT OF ESKOM DEBT CLAIM

In response to the recent media speculation regarding the legal action instituted by
Eskom Holdings SOC Limited's ("Eskom") against the City in respect of the alleged outstanding
amounts owed to Eskom by the City, bondholders are referred to the City's media release, available on
its website via the following link:

https://joburg.org.za/media_/Documents/2024-Media-Statements/The-City-of-Joburg-demands-
Eskom-to-pay-R3.4-billion%20in%20overcharges.pdf


Johannesburg
17 May 2024

Debt Sponsor
One Capital

Date: 17-05-2024 03:02:00
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