New Development Bank - Tender Offer - Indicative Results

ANNOUNCEMENT OF INDICATIVE RESULTS OF TENDER OFFER

25 APRIL 2023

Full announcement including disclaimers and offer restrictions available via Euronext

"The Issuer hereby informs Noteholders of the non-binding indicative results of the Offer. Based on valid Tender Instructions received as at the Expiration Deadline (being 16:00 hours (London time) on 24 April 2023), USD 37,900,000 in aggregate principal amount of Notes had been validly tendered pursuant to the Offer.

The Issuer hereby gives a non-binding indication that it intends to accept in full all valid tenders of Notes in the Offer and therefore no pro-ration factor will be applicable."

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New Development Bank (the "Issuer") announces today its invitation to holders of its outstanding USD1,500,000,000 0.625 per cent. Notes due 23 June 2023 (ISIN: XS2192077514) (the "Notes")

18 APRIL 2023

Full announcement including disclaimers and offer restrictions available via Euronext

"Development Bank (the "Issuer") announces today its invitation to holders of its outstanding USD1,500,000,000 0.625 per cent. Notes due 23 June 2023 (ISIN: XS2192077514) (the "Notes"), to tender such Notes for purchase by the Issuer for cash (the "Offer"), on the terms and subject to the conditions set out in the tender offer memorandum dated 18 April 2023 (the "Tender Offer Memorandum") prepared by the Issuer. The Offer is subject to the Offer and Distribution Restrictions set out below and as more fully described in the Tender Offer Memorandum.

Summary of the Offer

A summary of certain terms of the Offer appears below:"

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"Rationale for the Offer

The Issuer is making the Offer as part of refinancing of its existing debt and efficient liquidity management."