FIRSTRAND BANK LIMITED - FRII - Notification of Full Capital Reductions and Accrued Interest Payments of Listed Debt Securities

FRII - Notification of Full Capital Reductions and Accrued Interest Payments of Listed Debt Securities

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRC370       ISIN: ZAG000177163
Bond code: FRC371       ISIN: ZAG000177189
Bond code: FRC376       ISIN: ZAG000178831
Bond code: FRC377       ISIN: ZAG000178849
(FRB)


NOTIFICATION OF FULL CAPITAL REDUCTIONS AND ACCRUED INTEREST PAYMENTS OF LISTED
DEBT SECURITIES

In accordance with the terms and conditions of FRB’s ZAR 60 000 000 000.00 note programme dated 29
November 2011, as amended or supplemented from time to time, noteholders are herewith advised of the full
capital reductions and accrued interest payments of the FRC370, FRC371, FRC376 and FRC377 notes (the
notes).

Bond code:                                                   FRC370
ISIN:                                                        ZAG000177163
Nominal amount before reduction:                             R 143 000 000.00
Reduction in nominal amount:                                 R 143 000 000.00
Nominal amount after reduction:                              R 0.00
Settlement / redemption amount:                              R 143 000 000.00
Accrued interest amount:                                     R 1 733 348.05, included in the settlement
                                                             amount
Annualised interest rate:                                    5.267%

Bond code:                                                   FRC371
ISIN:                                                        ZAG000177189
Nominal amount before reduction:                             R 143 000 000.00
Reduction in nominal amount:                                 R 143 000 000.00
Nominal amount after reduction:                              R 0.00
Settlement/redemption amount:                                R 143 000 000.00
Accrued interest amount:                                     R 1 749 802.85, included in the settlement
                                                             amount
Annualised interest rate:                                    5.317%

Bond code:                                                   FRC376
ISIN:                                                        ZAG000178831
Nominal amount before reduction:                             R 92 850 000.00
Reduction in nominal amount:                                 R 92 850 000.00
Nominal amount after reduction:                              R 0.00
Settlement / redemption amount:                              R 92 850 000.00
Accrued interest amount:                                     R 1 009 648.36, included in the settlement
                                                             amount
Annualised interest rate:                                    4.725%

Bond code:                                                   FRC377
ISIN:                                                        ZAG000178849
Nominal amount before reduction:                             R 92 850 000.00
Reduction in nominal amount:                                 R 92 850 000.00
Nominal amount after reduction:                              R 0.00
Settlement/redemption amount:                                R 92 850 000.00
Accrued interest amount:                                     R 998 964.25, included in the settlement amount
Annualised interest rate:                                    4.675%

Interest period:                                             20 March 2023 to 11 June 2023
Pay date/early redemption date:                              12 June 2023
Record date (for STRATE purposes):                           9 June 2023

These reductions are due to the repurchase of the notes by FRB, in accordance with the terms and conditions of
the notes.

8 June 2023

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

Date: 08-06-2023 08:25:00
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