FIRSTRAND LIMITED - ACCEPTANCE AND EXERCISE OF OPTIONS BY DIRECTOR

FIRSTRAND LIMITED - ACCEPTANCE AND EXERCISE OF OPTIONS BY DIRECTOR              
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1966/010753/06)                                           
Share Code: FSR                                                                 
ISIN: ZAE000014973                                                              
("FirstRand")                                                                   
In compliance with rules 3.63 - 3.74 of the JSE Listings Requirements, the      
following information is disclosed relating to the acceptance and exercise of   
options in FirstRand Limited:                                                   
Director                           :  Mr L L Dippenaar                          
Company                            :  FirstRand Limited                         
Number of options                  :  500 000                                   
Nature and extent of director"s                                                 
Interest                           :  Indirect beneficial                       
Nature of transaction              :  Acceptance of options                     
Date of transaction                :  16 September 2008                         
Option strike price                :  R7-70                                     
Period of exercise                 :  Exercisable by no later than              
                                      16 September 2008                         
Period of vesting                  :  Vesting may not occur before              
                                      the following dates:                      
                                      One third on 16 September 2006            
                                      One third on 16 September 2007            
One third on 16 September 2008            

Total value of transaction         :  R3 850 000                                
Nature of transaction              :  Exercise of options                       
Date of transaction                :  17 September 2003                         
Option exercise price              :  R7-80                                     
Total value of transaction         :  R3 900 000                                
In compliance with rules 3.63 - 3.74 of the JSE Listings Requirements, the      
following information is disclosed relating to the acceptance and exercise of   
options in FirstRand Limited:                                                   
Director                           :  Mr P K Harris                             
Company                            :  FirstRand Limited                         
Number of options                  :  500 000                                   
Nature and extent of director"s                                                 
Interest                           :  Direct beneficial                         
Nature of transaction              :  Acceptance of options                     
Date of transaction                :  16 September 2008                         
Option strike price                :  R7-70                                     
Period of exercise                 :  Exercisable by no later than              
                                      16 September 2008                         
Period of vesting                  :  Vesting may not occur before              
the following dates:                      

                                      One third on 16 September 2006            
                                      One third on 16 September 2007            
                                      One third on 16 September 2008            
Total value of transaction         :  R3 850 000                                
Nature of transaction              :  Exercise of options                       
Date of transaction                :  17 September 2003                         
Option exercise price              :  R7-80                                     
Total value of transaction         :  R3 900 000                                
In compliance with rules 3.63 - 3.74 of the JSE Listings Requirements, the      
following information is disclosed:                                             
Company Secretary                  :  Mr A H Arnott                             
Company                            :  FirstRand Limited                         
Nature of transaction              :  Acceptance of options                     
Number of options                  :  100 000                                   
Date of transaction                :  29 September 2003                         
Option strike price                :  R7-70 per share                           
Period of exercise                 :  Exercisable by no later than 16 September 
2003                                                                            
Period of vesting                  :  Vesting may not occur before the following
dates:                                                                          
                                      One third on 16 September 2006            
                                      One third on 16 September 2007            
                                      One third on 16 September 2008            
Total value of transaction         :  R770 000                                  
Nature and extent of                                                            
company secretary"s interest       :  Direct beneficial                         
Sandton                                                                         
29 September 2003                                                               
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
CORPORATE FINANCE                                                               
Date: 29/09/2003 02:52:41 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department