FIRSTRAND BANK LIMITED - Interest Rate Reset-FRC101, FRC105, FRC106, FRC108, FRC148&FRC99

Interest Rate Reset-FRC101, FRC105, FRC106, FRC108, FRC148&FRC99

FirstRand Bank Limited

(Incorporated in the Republic of South Africa)

(Registration No. 1929/001224/06)

Company code: BIFR1

(“FRB”)





INTEREST RATE RESET ANNOUNCEMENT



FRC101         10.912% p.a. (5.72% over 3 month Jibar of 5.192%)

               for the period 25 November 2013 to 23 February

               2014, payable on 24 February 2014 (Modified

               Following*)

               Next reset: 24 February 2014

FRC105         10.592% p.a. (5.40% over 3 month Jibar of 5.192%)

               for the period 25 November 2013 to 23 February

               2014, payable on 24 February 2014 (Modified

               Following*)

               Next reset: 24 February 2014

FRC106         10.592% p.a. (5.40% over 3 month Jibar of 5.192%)

               for the period 25 November 2013 to 23 February

               2014, payable on 24 February 2014 (Modified

               Following*)

               Next reset: 24 February 2014

FRC108         10.402% p.a. (5.21% over 3 month Jibar of 5.192%)

               for the period 25 November 2013 to 23 February

               2014, payable on 24 February 2014 (Modified

               Following*)

               Next reset: 24 February 2014

FRC148         9.692% p.a. (4.50% over 3 month Jibar of 5.192%)

               for the period 25 November 2013 to 23 February

               2014, payable on 24 February 2014 (Modified

               Following*)

               Next reset: 24 February 2014

FRC99          10.992% p.a. (5.80% over 3 month Jibar of 5.192%)

               for the period 25 November 2013 to 23 February

               2014, payable on 24 February 2014 (Modified

               Following*)

               Next reset: 24 February 2014



JIBAR rate as at 25 November 2013: 3 Month 5.192%



*When the Interest Payment Date falls on a non business day one of

the following Date Convention will be applied, as specified for each

individual bond:



1. Following – This means that the interest will be paid on the

first business day after the weekend or public holiday.

2. Modified Following – This means that the interest will be paid on

the first business day after the weekend or public holiday. However,

if the first business day after the weekend or public holiday falls

in a new calendar month the last business day before the weekend /

public holiday will be used instead.



3. Preceding – This means that the interest will be paid on the last

business day before the weekend or public holiday.





25 November 2013



Debt Sponsor

Rand Merchant Bank (A division of FirstRand Bank Limited)


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