Bayport Management Ltd : Communication to Bondholders


Bayport Management Limited ("Bayport" or "the Company"), reg. no. 54787/C1/GBL
incorporated in the Republic of Mauritius is proud to announce the listing of
its debut bond (short name BAYP 001 O2) on STO Corporate Bonds, NASDAQ OMX
Stockholm AB as of 28 October 2011.

Grant Kurland, CEO of Bayport says "It is an honour for Bayport to be the first
African issuer on OMX Stockholm AB and the company looks forward to a long term
relationship with the exchange".


+-----------+--------------------------+------------+
| Short name|Issuer                    |Trading Code|
+-----------+--------------------------+------------+
|BAYP 001 O2|Bayport Management Limited|BAYP_001_O2 |
+-----------+--------------------------+------------+


In addition, further to the company announcement of 26 September 2011 regarding
Payroll Deductions in Botswana, the company is pleased to inform bond holders
that the Government of Botswana has rescinded its decision to terminate payroll
deductions off the civil service payroll subject to further review. The company
would like to thank the efforts of the CEO of Bayport Botswana, Father Maphongo
who spearheaded the industry delegation in order to achieve resolution between
the various parties.

Bayport, is a leading provider of unsecured consumer loans in Emerging Markets
with operations in Botswana, Colombia, Ghana, Tanzania, Uganda and Zambia.

Please  feel free to contact  David Rajak at investor@bayportfinance.com, should
you have any queries.

Bayport Management Limited
 3(rd) Floor, Eben Skies, Rue de L'Institut, Mauritius


 David Rajak: Executive, Capital Markets
 +27 11 447 0661
 david@bayportfinance.com


Ebene, Mauritius
8 November 2011.

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