FirstRand - Sale And Subsequent Purchase Of Shares

FirstRand - Sale And Subsequent Purchase Of Shares                              
FIRSTRAND LIMITED                                                               
(Registration number: 1966/010753/06)                                           
ISIN: ZAE000014973                                                              
Share Code: FSR                                                                 
("FirstRand")                                                                   
SALE AND SUBSEQUENT PURCHASE OF SHARES                                          
In compliance with the JSE Listings Requirements, the following information is  
disclosed:                                                                      
Director                     :     Mr. L Dippenaar                              
Company                      :     FirstRand                                    
Class of securities          :     Ordinary shares                              
Nature of transaction        :     Sale                                         
Number of securities         :     405 954                                      
Date of transaction          :     14 April 2005                                
Selling price                :     R13.00                                       
Total value of transaction   :     R5 277 402.00                                
Nature and extent of                                                            
director"s interest          :     Indirect Beneficial                          
Clearance received           :     Yes                                          
The proceeds were used firstly to redeem a preference share liability, which was
issued during 1997 to raise funding to acquire FirstRand shares in terms of a   
Momentum management share incentive scheme, which has now reached maturity.     
The balance of the proceeds attributable to Mr. L Dippenaar amounted to a net   
profit of R883 617,53 and has been applied towards a purchase of FirstRand      
shares to maintain his indirect beneficial holding, as set out below.  The      
balance payable in terms of the purchase was funded by Mr. L Dippenaar.         
Director                     :     Mr. L Dippenaar                              
Company                      :     FirstRand                                    
Class of securities          :     Ordinary shares                              
Nature of transaction        :     Purchase                                     
Number of securities         :     405 954                                      
Date of transaction          :     14 April 2005                                
Selling price                :     R13.00                                       
Total value of transaction   :     R5 277 402.00                                
Nature and extent of                                                            
director"s interest          :     Indirect Beneficial                          
Clearance received           :     Yes                                          
Sandton                                                                         
18 April 2005                                                                   
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
CORPORATE FINANCE                                                               
Date: 18/04/2005 01:24:56 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department