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FirstRand - News Release

Release Date: 18/04/2002 16:29
Code(s): FSR
Wrap Text
FIRSTRAND LIMITED
(Registration number 1966/010753/06)
Share code:  FSR    ISIN: ZAE000014973
("FirstRand")
News Release
Saambou Proposal

Johannesburg, 18 April 2002 - FirstRand spokesman, Viv Bartlett - Deputy CEO of FirstRand Banking Group, has confirmed that FirstRand has submitted a proposal to the Saambou curator, John Louw. This follows a suggestion by Mr Louw that there was an opportunity for a public private partnership.
Viv Bartlett said that the proposal was subject to a confidentiality
agreement and that he was unable to comment further.

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