FIRSTRAND LIMITED - EXERCISE OF OPTIONS BY DIRECTOR

FIRSTRAND LIMITED - EXERCISE OF OPTIONS BY DIRECTOR                             
(Registration number      1966/010753/06)                                       
Share Code:          FSR                                                        
ISIN:                ZAE000014973                                               
In the interest of good disclosure, the following information concerning the    
delivery of and payment for shares issued as a result of the exercise of an     
option by a director is provided:                                               
Director                    : Mr Viv Bartlett                                   
Date of delivery of shares  : 23 October 2002                                   
Class of security           : Ordinary shares                                   
Nature of transaction       : Delivery of and payment for ordinary shares       
in FirstRand Limited in terms of an option        

                              granted to Mr Bartlett by the                     
                              First National Bank Share Purchase Trust          
                              in November 1996                                  
Number of shares and price  : 675 000 shares at 325 cents per share             
Nature of interest          : Direct / beneficial                               
Date: 23/10/2002 08:37:03 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department