Bayport Management Ltd : Explores possibilities for a bond issue and communicates financial targets

Bayport Management Limited ("Bayport" or the "Company") issued its debut bond of
SEK 700m in the Swedish market during November 2010. Since then Bayport has
achieved high growth and reported increased profitability. The demand for the
Company's services continues to be high in its exisiting market while at the
same time, the Company continues to evaluate new markets.

In order to continue the growth plans in the existing markets as well as
possibly entering new markets, it is in the opinion of the Company's board of
directors that Bayport would benefit from raising additional debt capital. Thus,
Bayport has decided to explore the possibilities of raising new debt capital in
the debt capital market.

Furthermore, Bayport has decided to communicate short term financial projections
as well as long term financial targets.

Short term financial projections:

   §  Net Loan book of USD 320m by end of financial year 2013

   §  Operating income of USD 110m for the financial year 2013

   §  Return on equity of 30% for the financial year 2013

 Long term financial targets:

   §  Long term sustainable RoE of 35%

   §  Long term sustainable RoA of 12%

The Bayport group is a leading emerging market non-bank retail credit provider.
The Company was founded in 2001 and operates under the brand name of Bayport
Financial Services. Bayport's operations are domiciled in Botswana, Colombia,
Ghana, Tanzania, Uganda and Zambia servicing approximately 250,000 customers
through its 248 branches and over 2,300 employees.

Please feel free to contact David Rajak +27 11 236 7300
/ investor@bayportfinance.com should you have any queries.


[HUG#1615463]