FIRSTRAND LIMITED - EXERCISE OF OPTIONS AND SUBSEQUENT SALE OF SECURITIES BY

FIRSTRAND LIMITED - EXERCISE OF OPTIONS AND SUBSEQUENT SALE OF SECURITIES BY    
COMPANY SECRETARY                                                               
FIRSTRAND LIMITED                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1966/010753/06)                                           
ISIN: ZAE000014973                                                              
Share Code (JSE): FSR                                                           
Share Code (NSX): FST                                                           
In compliance with the JSE Securities Exchange South Africa Listings            
Requirements, the following information is disclosed:                           
Company Secretary             :    Mr. A H Arnott                               
Company                       :    FirstRand Limited                            
Date of transaction           :    11 March 2005                                
Nature of transaction         :    Exercise of options                          
Class of securities           :    Options in respect of ordinary shares        
Number of options exercised   :    82 512                                       
Exercise price                :    R6.65 per option                             
Total value of transaction    :    R548 704.80                                  
Nature and extent of                                                            
director"s interest           :    Direct beneficial                            
Clearance obtained            :    Yes                                          
Date of transaction           :    11 March 2005                                
Nature of transaction         :    Sale of securities                           
Number of securities          :    82 512                                       
Class of securities           :    Ordinary shares                              
Selling price                 :    1411.09 cents per share                      
Total value of transaction    :    R1 164 318.58                                
Nature and extent of                                                            
director"s interest           :    Direct beneficial                            
Clearance obtained            :    Yes                                          
Date of transaction           :    15 March 2005                                
Nature of transaction         :    Exercise of options                          
Class of securities           :    Options in respect of ordinary shares        
Number of options exercised   :    140 603                                      
Exercise price                :    R6.65 per option                             
Total value of transaction    :    R935 009.95                                  
Nature and extent of                                                            
director"s interest           :    Direct beneficial                            
Clearance obtained            :    Yes                                          
Date of transaction           :    15 March 2005                                
Nature of transaction         :    Sale of securities                           
Number of securities          :    140 603                                      
Class of securities           :    Ordinary shares                              
Selling price                 :    1390.28 cents per share                      
Total value of transaction    :    R1 954 775.39                                
Nature and extent of                                                            
director"s interest           :    Direct beneficial                            
Clearance obtained            :    Yes                                          
Sandton                                                                         
16 March 2005                                                                   
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
CORPORATE FINANCE                                                               
Date: 16/03/2005 02:44:58 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department