FirstRand - Amendment To The Application Of Regulation 12 Set-Off In Firstrand

FirstRand - Amendment To The Application Of Regulation 12 Set-Off In Firstrand  
            Bank Limited DI Reports                                             
Firstrand Limited                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number:  1966/010753/06)                                          
ISIN: ZAE000066304                                                              
Share Code (JSE):  FSR                                                          
Share Code (NSX):  FST                                                          
("FirstRand" or "the Company")                                                  
AMENDMENT TO THE APPLICATION OF REGULATION 12 SET-OFF IN FIRSTRAND BANK LIMITED 
DI REPORTS                                                                      
Following consultation with the South African Reserve Bank, FirstRand Bank      
Limited has discontinued the practice of off-setting certain advances in DI     
Reports.                                                                        
This change will affect, in particular, the amounts relating to individual      
deposit accounts and credit card advances reflected in Section DI 900 with      
effect from April 2005.                                                         
The result of this change is that the amounts reflected in the DI reports for   
each of the above two categories will increase by approximately R1 billion.     
This is a reporting change, which will impact on market share statistics but has
no impact on earnings per share.                                                
Sandton                                                                         
13 June 2005                                                                    
Merchant bank and sponsor                                                       
RAND MERCHANT BANK                                                              
(A division of FirstRand Bank Limited)                                          
Date: 13/06/2005 11:49:03 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department