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Notice of redemption

24 November 2015

Edcon Limited (formerly Edcon Proprietary Limited) (the “Issuer”) gives notice to the holders of its ZAR 1,010,000,000 Super Senior Secured Floating Rate Notes due 2016 (the “Notes”) of the redemption of the entire aggregate principal amount of the Notes (the “Redeemed Notes”), in accordance with item 53 titled “Other provisions” of the Applicable Pricing Supplement dated on or about 31 March 2011 in respect of the Notes and Section 14 read together with Section 1.6.2 of Schedule 4 to the trust deed, dated on or about 24 March 2011, as amended or supplemented from time to time (the “Trust Deed”) entered into among the Issuer, TMF Corporate Services (South Africa) Proprietary Limited (formerly GMG Trust Company (SA) Proprietary Limited), as trustee (the “Trustee”), Edcon Holdings Limited (formerly Edcon Holdings Proprietary Limited), Edcon Acquisition Proprietary Limited, Edgars Consolidated Stores Limited, Elephant Onthecards Proprietary Limited and the other parties thereto. All capitalised terms used herein and not defined shall have the meanings assigned to such terms in the Trust Deed. The terms of the redemption are as follows:

Download: redemptionnotice.pdf


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