NSX - FSR - FirstRand - Normalised earnings per share disclosure in circular to

NSX - FSR - FirstRand - Normalised earnings per share disclosure in circular to 
                       shareholders                                             
FirstRand Limited                                                               
(Registration No: 1966/010753/06)                                               
JSE code: FSR & ISIN: ZAE000066304                                              
NSX share code: FST                                                             
("FirstRand")                                                                   
NORMALISED EARNINGS PER SHARE DISCLOSURE IN CIRCULAR TO SHAREHOLDERS            
FirstRand Limited advises shareholders that on page 2 of the Group`s Circular to
Shareholders for the six months to 31 December 2006, the Normalised Headline    
Earnings per Share disclosed for the period to 30 June 2006 should read as      
follows:                                                                        
Normalised earnings per share (cents)                                           
- Basic                         159.4                                           
- Diluted                       159.2                                           
These revised numbers result from a change in the calculation of normalised     
earnings. In the period to 30 June 2006 this calculation did not include the    
cost of IFRS 2 - Share based payments.                                          
This revised number does not affect the results for the six months to 31        
December 2006 as released yesterday on SENS. It is provided to ensure that      
shareholders have the correct comparative data for the full year to 30 June     
2007.                                                                           
Sandton                                                                         
28 February 2007                                                                
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 28/02/2007 15:38:01 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.