FIRSTRAND BANK LIMITED - New Instrument Listing - FRC151

New Instrument Listing - FRC151

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Company code: BIFR1
(“FRB”)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted FirstRand Bank Limited the listing of
its FRC150 Credit Linked Notes, in terms of its ZAR30,000,000,000
Note Programme dated 29 November 2011.

INSTRUMENT TYPE:              Credit Linked Notes
Total Notes in Issue:         R2,993,225,000.00


Instrument Code:              FRC151
Nominal Issued:               R10,000,000.00
Issue Price:                  98%
Interest Rate:                5.764%
Coupon Rate Indicator:        Credit Linked
Issue Date:                   21 September 2012
Interest Commencement Date:   21 September 2012
First Interest Date:          20 October 2012
Maturity Date:                20 September 2017
Last day to Register:         By 17:00 each month on the 14th from 14
                              October 2012 up to and until 14
                              September 2017.
                              December and 14 March in each year until
                              Maturity Date
Books Close:                  each month on the 15th up to and until
                              15 September 2015 and on 15 September
Interest Payment Date:        Monthly from 20 October 2012 up to and
                              Including 20 September 2015
ISIN:                         ZAG000099904
Business Day Convention:      Modified Following Business Day


The Notes will be immobilised in the Central Depository (“CSD”) 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.


25 September 2012

Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

Date: 25/09/2012 04:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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