FIRSTRAND BANK LIMITED - FRS173 and FRS174 - Listing of New Financial Instruments

FRS173 and FRS174 - Listing of New Financial Instruments

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
Bond code: FRS173 ISIN: ZAG000148180
Bond code: FRS174 ISIN: ZAG000148198
(FRB)

LISTING OF NEW FINANCIAL INSTRUMENTS

The JSE Limited has granted FirstRand Bank Limited the listing of its unsecured equity-linked notes, in terms
of its note programme (the programme) dated 29 November 2011, effective 13 November 2017.

Programme amount:                            ZAR 30 000 000 000.00
Total notes in issue under programme:        ZAR 6 847 469 122.22
Dealer:                                      FirstRand Bank Limited, acting through its Rand Merchant Bank
                                             division

Debt security code:                          FRS173
ISIN:                                        ZAG000148180
Type of debt security:                       Equity-linked notes
Nominal issued:                              ZAR 225 000 000.00
Issue date:                                  13 November 2017
Issue price:                                 100%
Coupon rate:                                 Zero
Interest commencement date:                  13 November 2017
First interest payment date:                 13 November 2020
Interest payment date:                       13 November 2020
Last day to register:                        By 17:00 on 3 November 2020
Books close:                                 4 November 2020
Business day convention:                     Following business day
Maturity date:                               13 November 2020
Final maturity amount:                       100% of the aggregate nominal amount
Other:                                       The pricing supplement does not contain additional terms and
                                             conditions or changes to the terms and conditions as contained in the
                                             programme
Summary of additional terms:                 Not applicable

Debt security code:                          FRS174
ISIN:                                        ZAG000148198
Type of debt security:                       Equity-linked notes
Nominal issued:                              ZAR 225 000 000.00
Issue date:                                  13 November 2017
Issue price:                                 100%
Coupon rate:                                 Zero
Interest commencement date:                  13 November 2017
First interest payment date:                 13 May 2021
Interest payment date:                       13 May 2021
Last day to register:                        By 17:00 on 3 May 2021
Books close:                                 4 May 2021
Business day convention:                     Following business day
Maturity date:                               13 May 2021
Final maturity amount:                       100% of the aggregate nominal amount
Other:                                       The pricing supplement does not contain additional terms and
                                             conditions or changes to the terms and conditions as contained in the
                                             programme
Summary of additional terms:                 Not applicable


The notes will be immobilised in the Central Securities Depository and settlement will take place electronically
in terms of JSE Rules.

This note has been privately placed by FirstRand Bank Limited. Any prospective purchaser of the note should
contact FirstRand Bank Limited for details of the terms of the note. In this regard, prospective purchasers
should be aware that:
1. The note issued is subject to the terms and conditions of the pricing supplement agreed between the issuer
and the subscriber(s) for the note and the terms and conditions of the notes as set out in the programme
memorandum dated 29 November 2011 in respect of the issuer’s note programme.
2. The performance of each note issued is linked to the performance of an underlying third party entity
and/or obligation stipulated in the pricing supplement in respect of the note and accordingly, as the
prospective purchaser will assume credit exposure to both the issuer and such entity and/or obligation, the
note is only suitable for purchase by financially sophisticated investors after conducting all relevant
independent investigations. The risks pertaining to credit-linked notes generally are more fully set out in the
programme memorandum. Copies of the programme memorandum are available from the issuer.


10 November 2017

Debt Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)

Date: 10/11/2017 10:48:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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