FIRSTRAND LIMITED - DELIVERY OF SHARES TO A DIRECTOR

FIRSTRAND LIMITED - DELIVERY OF SHARES TO A DIRECTOR                            
FIRSTRAND LIMITED                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number : 1966/010753/06)                                          
ISIN  : ZAE 000014973                                                           
Share Code : ISR                                                                
In compliance with rules 3.63 - 3.74 of the JSE Listings Requirements, the      
following information is disclosed:                                             
Director                      :  Vivian Wade Bartlett                           
Company                       :  FirstRand Limited                              
Nature of transaction         :  Delivery of shares in terms of an              
option granted 10 September 1996               

Number of options             :  506250                                         
Date of transaction           :  17 October 2003                                
Option strike price           :  R4,08                                          
Strike date                   :  10 September 1996                              
Period of exercise/vesting    :  The options had all vested by                  
                                 10 September 2001                              
Total value of transaction    :  R2 065 500                                     
Nature and extent of                                                            
director"s interest           :  Direct Beneficial                              
SANDTON                                                                         
17 OCTOBER 2004                                                                 
Merchant Bank and Sponsor                                                       
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
CORPORATE FINANCE                                                               
Date: 17/10/2003 05:15:02 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department