Bayport Management Ltd : Listing announcement of subordinated bond BAYP 004S

Bayport Management Ltd ("Bayport" or "the company") is proud to announce that
the prospectus for the company's subordinated bonds, being the company's fourth
bond issue on the Swedish market, has been approved and registered by the
Swedish Financial Supervisory Authority on 8 December 2014 and that the company
has applied to have the bond admitted to trading on NASDAQ Stockholm with the
first day of trading expected to be 10 December 2014.

The prospectus will be available on the company's website
(www.bayportfinance.com) and on the Swedish Financial Supervisory Authority's
website (www.fi.se).

The details of the subordinated bond are as follows:
Short name: BAYP 004S
Issue date: 17 November 2014
Maturity date: 17 November 2019
ISIN: SE0006451712
Coupon: 14.00% per annum
Status: Subordinated

Bayport's three previous Swedish bonds (BAYP 001 O2, ISIN SE0003617216, BAYP
002 O2, ISIN SE0004649713 and BAYP 003, ISIN SE0005393477) were issued in
November 2010, June 2012 and September 2013, respectively, and all three bonds
have been subsequently listed on NASDAQ Stockholm.

Further information relating to the new bond, the Company's previous bonds or
the Company can be found on the Company's website (www.bayportfinance.com).

For additional information, please contact David Rajak, Capital Markets
Executive (investor@bayportfinance.com / +27 11 236 7300).

Bayport Management Ltd is required to make public this information in accordance
with the Swedish Securities Market Act and/or the Financial Instruments Trading
Act. The information was released for publication on 8 December2014 at 10h30
(CET).

This notice is issued pursuant to Listing Rule 11.3 and 11.5 of the Stock
Exchange of Mauritius Ltd. The Board of Directors of Bayport Management Ltd
accepts full responsibility for the accuracy of the information contained in
this Communique.

[HUG#1878123]