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Blue Titanium Conduit Limited (BTC) Investor Report South Africa Programme Information Reporting Period September 2010 Programme Inception Date July 2002 Programme commercial paper rating F1+ (zaf) by Fitch Ratings Maximum Programme Size R20,000,000,000 Programme Administrator The Standard Bank of South Africa Ltd (SBSA) Type of Conduit Hybrid Multiseller Contact Person Lisa Bird Telephone Number 011 378 8103 E-mail [email protected] Liability Data CP Outstanding R 4,946,000,000 Longest Maturity Date 22 December 2010 Shortest Maturity Date 04 October 2010 Liquidity Facility Liquidity facility available Yes Provider SBSA Credit rating of provider F1+(zaf) by Fitch Ratings Facility R 4,946,000,000 Amount drawn under liquidity facility Nil Credit Enhancement Programme wide credit enhancement (PWCE) available Yes Provider SBSA Credit rating of provider F1+(zaf) by Fitch Ratings Components: Rated bonds BTC will either apply Fitch’s simulation model should any asset’s rating fall below AA- or subject to the terms and conditions of the Credit Enhancement Agreement SBSA will fully guarantee the asset Financial assets 10% facility PWCE committed but not drawn under facility R159,277,030 Amount Proportional to CP 3.22% Disclaimer: Whilst all care has been taken by Standard Bank Limited, Reg. No. 1962/000738/06 (“the Bank”) in the preparation of the opinions and forecasts and provision of the information contained in this report, the Bank does not make any representations or give any warranties as to their correctness, accuracy or completeness, nor does the Bank assume liability for any losses arising from errors or omissions in the opinions, forecasts or information irrespective of whether there has been any negligence by the Bank, its affiliates or any officers or employees of the Bank, and whether such losses be direct, indirect or consequential. Blue Titanium Conduit Limited Hedge Provider SBSA Credit rating of provider F1+(zaf) by Fitch Ratings Type Interest Rate Conduit Overview Number of Sellers 22 Aggregate Invested Amount R 4,719,531,267 Outstanding ABCP – face value Top 5 largest transactions (% of invested amount) R 4,946,000,000 Issuer: Quince Debt Finance No 1 14.83% Homes Series 12.71% Thekwini Fund 6 9.74% Blue Granite 4 9.37% Blue Granite 2 8.58% Program Wind Down Event? No Transaction Information Please refer to attached excel worksheet for underlying asset data Disclaimer: Whilst all care has been taken by Standard Bank Limited, Reg. No. 1962/000738/06 (“the Bank”) in the preparation of the opinions and forecasts and provision of the information contained in this report, the Bank does not make any representations or give any warranties as to their correctness, accuracy or completeness, nor does the Bank assume liability for any losses arising from errors or omissions in the opinions, forecasts or information irrespective of whether there has been any negligence by the Bank, its affiliates or any officers or employees of the Bank, and whether such losses be direct, indirect or consequential. Blue Titanium Conduit Limited Compliance Date September 2010 Y/N Description Comment Programme Event of Default N N/A N/A Programme Termination Event N N/A N/A CP Stop Issuance Test N N/A N/A Liquidity Event of Default N N/A N/A PWCE Draw N N/A N/A Industry Distribution Asset Type Percentage Auto Loan 6.83% CDO 4.24% Commercial Mortgage 6.66% Diversified Industrial 0.94% Electrical 2.44% Equipment Lease 14.83% Food and Beverage 2.44% Life Assurance 1.06% Petro Chemical 1.06% Public Debt Obligation 3.56% Residential Mortgages 55.95% Distribution by Asset Rating Distribution by Asset Type 3.37%6.22% 19.45% 2.44% 68.52% A+ AA AA- AA+ AAA Autoloan Commercial Mortgages Electrical Food and Beverages Petro Chemical Residential Mortgages CDO Diversified Industrial Equipment Leases Life Assurance Public Debt Obligations Disclaimer: Whilst all care has been taken by Standard Bank Limited, Reg. No. 1962/000738/06 (“the Bank”) in the preparation of the opinions and forecasts and provision of the information contained in this report, the Bank does not make any representations or give any warranties as to their correctness, accuracy or completeness, nor does the Bank assume liability for any losses arising from errors or omissions in the opinions, forecasts or information irrespective of whether there has been any negligence by the Bank, its affiliates or any officers or employees of the Bank, and whether such losses be direct, indirect or consequential.
