INDUSTRIAL DEVELOPMENT CORPORATION OF SOUTH AFRICA LIMITED - Notification of Change in Ongoing Debt Sponsor _ IN02

Notification of Change in Ongoing Debt Sponsor _ IN02

Industrial Development Corporation of South Africa Limited
Incorporated in the Republic of South Africa)
("IDC")
Registration No. 1940/014201/06)
Issuer code: IN02


NOTIFICATION OF A CHANGE TO THE ONGOING DEBT SPONSOR

Pursuant to paragraph 2.6 of the Debt & Specialist Securities Listings Requirements of the JSE Limited,
noteholders are hereby advised that the IDC, has terminated the services of Absa Corporate and
Investment Bank, a division of Absa Bank Limited, as its ongoing debt sponsor due to the contract coming
to an end between the two parties, effective on 14 December 2024.

The IDC further advises noteholders that the issuer has appointed The Standard Bank of South Africa
Limited, as its ongoing debt sponsor, with effect from 15 December 2024.


Johannesburg
13 December 2024

Debt Sponsor
Absa Corporate and Investment Banking (Debt Sponsor)

Date: 13-12-2024 03:00:00
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