Treasury Bills Issue Number                   :               TB-091-03102007

Auction Date                                           :               03 October 2007

Amount offered (Face Value)                 :               M 160 million

Maturity Date (no. of days)                     :               04 January 2008

Deadline for submission of bids              :               3:00 p.m.,02 October 2007

Announcement of Results                      :               2:00 p.m.,03 October 2007

Deadline for Payment                              :               3:00 p.m.,05 October 2007

Settlement Date                                                       05 October 2007

The discount rate on 91-days Government of Lesotho Treasury Bills at the most recent similar auction was 8.1223 per cent per annum.

The minimum bid for competitive bids is M 250,000.  Bidders must complete the details on tender form CBL/TBR/1. All bids in sealed envelopes must be deposited in the “Tender Box: Competitive Bids” in the foyer of the Central Bank of Lesotho, Maseru, by the deadline for submission of bids as shown above.