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FSR/ FSRP - FirstRand Limited - Quarterly disclosure on basel ii capital adequacy FirstRand Limited (Incorporated in South Africa) (Registration number 1966/010753/06) JSE Ordinary Share Code: FSR JSE ISIN: ZAE000066304 JSE "B" Preference Share Code: FSRP JSE ISIN: ZAE000060141 NSX Ordinary Share Code: FSR ("FirstRand" or "the Company") QUARTERLY DISCLOSURE ON BASEL II CAPITAL ADEQUACY FirstRand is a registered bank controlling company, therefore it is required in terms of Pillar 3 of the Basel II Capital Accord, to disclose quantitative information on its capital adequacy ratios on a quarterly basis. The consolidated capital position of FirstRand is set out below. March 2012 December 2011 Rm % Rm % Primary capital Ordinary share capital and 5 158 5 222 premium Qualifying reserves 48 702 48 707 Non-cumulative non-redeemable 4 519 4 519 preference shares Non-controlling interests 3 056 3 074 Regulatory deductions against (3 320) (3 492) primary capital Total primary capital 58 115 58 030 Secondary capital Subordinated debt instruments 6 930 5 784 Qualifying Upper Tier 2 1 063 1 044 instruments Other qualifying reserves 215 208 Regulatory deductions against (1 300) (1 128) secondary capital Total secondary capital 6 908 5 908 Total regulatory capital 65 023 63 938
Total capital requirement 42 461 39 435 Primary capital adequacy ratio 13.0 14.0 Total capital adequacy ratio 14.5 15.4 Notes: The figures above have not been reviewed and reported on by the Company`s external auditors. Qualifying reserves exclude any unappropriated profits. The total capital requirement excludes any Pillar 2b add-on. The increase in the total capital requirement reflects the implementation of the revisions to the Basel II framework. These revisions, commonly referred to as Basel 2.5 became effective from 1 January 2012. Sandton 24 May 2012 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 24/05/2012 11:18:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
