FIRSTRAND BANK LIMITED - FRTN - Correction announcement: Receipt of Dividend Payment and update to the Net Asset Value

FRTN - Correction announcement: Receipt of Dividend Payment and update to the Net Asset Value

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRTN
LEI: ZAYQDKTCATIXF9OQY690
Alpha code: EGETNC                ISIN: ZAE000300380
Alpha code: EGETNQ                ISIN: ZAE000300398
Alpha code: WWETNC                ISIN: ZAE000300356
Alpha code: WWETNQ                ISIN: ZAE000300349
(FRB or the Issuer)


CORRECTION ANNOUNCEMENT: RECEIPT OF DIVIDEND PAYMENT AND UPDATE TO THE NET
ASSET VALUE

Holders of the EGETNC, EGETNQ, WWETNC and WWETNQ exchange-traded notes (ETNs) are
referred to the announcements released on SENS on 26 May 2022 (announcement), in relation to the
update to the net asset value (NAV) of the ETNs. The Issuer wishes to notify the holders of the ETNs
that the effective tax rate contained in the previous announcements was incorrect. The correct effective
tax rate is 0% resulting in the below amended reinvestment amounts.


 Alpha code                        ISIN                               Reinvestment amount
 EGETNC                            ZAE000300380                       $0.031/share
 EGETNQ                            ZAE000300398                       $0.031/share
 WWETNC                            ZAE000300356                       $0.169/share
 WWETNQ                            ZAE000300349                       $0.169/share

FRB further confirms that the correct amounts were reinvested as per the announcement and applied
to the NAV of the ETNs, which can be viewed at:
https://www.rmb.co.za/page/inward-listed-etns

NAV formulae for the instruments can be found at:
https://www.firstrand.co.za/investors/debt-investor-centre/prospectuses-and-programme-memoranda/
https://www.firstrand.co.za/investors/debt-investor-centre/jse-listed-instruments/

9 December 2022

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

Date: 09-12-2022 03:41:00
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