FirstRand - Commencement of Listing

FirstRand - Commencement of Listing                                             
FirstRand Limited                                                               
(Incorporated in the Republic of South Africa)                                  
Registration number 1966/010753/06                                              
Ordinary share code: FSR   ISIN: ZAE000014973                                   
Preference share code: FSRP       ISIN: ZAE000060141                            
("FirstRand")                                                                   
COMMENCEMENT OF LISTING OF PREFERENCE SHARES                                    
FirstRand shareholders and other interested parties are advised that the        
outstanding condition precedent in respect of the listing of 30 000 000 variable
rate non-redeemable, non-cumulative preference shares ("preference shares") on  
the JSE Securities Exchange South Africa has been fulfilled. Accordingly, the   
listing of the preference shares will commence at 09:00 on Wednesday 10 November
2004.                                                                           
Sandton                                                                         
10 November 2004                                                                
Merchant bank and sponsor                                                       
   Rand Merchant Bank                                                           
   Corporate Finance                                                            
A Division of FirstRand Bank Limited                                         
Attorneys                                                                       
   Deneys Reitz Attorneys Inc.                                                  
   Reg. No. 1984/003385/21                                                      
Lead sponsor                                                                    
   PricewaterhouseCoopers                                                       
   Corporate Finance (Pty) Ltd                                                  
  (Registration number 1970/003711/07)                                          
Date: 09/11/2004 03:57:01 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department