The auction results of the Bank of Botswana Certificates (BoBC) maturing on June 2, 2010 are summarised below.

DATE: May 18, 2010

Issue BoBC 020610
Total Subscribed (P million) 3 969.542
Total Allotment (P million) 3 969.542
Stop-Out Price (P) 99.737
Stop-Out Yield (percent) 7.11
Simple Rate (percent) 6.87
Weighted average yield of winning bids (percent) 7.10
Simple rate for weighted average winning bids (percent) 6.87
Weighted average price of winning bids (P) 99.737
Minimum winning bid yield (percent) 7.08
Maximum bid yield (percent) 7.11
Days to Maturity 14

Note: BOBC 020610 – BIDS AT AND ABOVE P99.737 RECEIVED FULL ALLOTMENT.