FIRSTRAND BANK LIMITED - Interest Rate Reset

Interest Rate Reset

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Company code: BIFR1
(“FRB”)


INTEREST RATE RESET ANNOUNCEMENT

FRC110         9.505% p.a. (443bps over 3 month Jibar of 5.075%)
               for the period 17 September 2012 to 17 December
               2012, payable on 18 December 2012 (Modified
               Following*)
               Next reset: 18 December 2012
FRC117         9.355% p.a. (428bps over 3 month Jibar of 5.075%)
               for the period 17 September 2012 to 17 December
               2012, payable on 18 December 2012 (Modified
               Following*)
               Next reset: 18 December 2012
FRC77          11.945% p.a. (687bps over 3 month Jibar of 5.075%)
               for the period 17 September 2012 to 17 December
               2012, payable on 18 December 2012 (Modified
               Following*)
               Next reset: 18 December 2012
FRC78          12.135% p.a. (706bps over 3 month Jibar of 5.075%)
               for the period 17 September 2012 to 17 December
               2012, payable on 18 December 2012 (Modified
               Following*)
               Next reset: 18 December 2012
FRC79          10.525% p.a. (545bps over 3 month Jibar of 5.075%)
               for the period 17 September 2012 to 17 December
               2012, payable on 18 December 2012 (Modified
               Following*)
               Next reset: 18 December 2012
FRC82          10.725% p.a. (565bps over 3 month Jibar of 5.075%)
               for the period 17 September 2012 to 17 December
               2012, payable on 18 December 2012 (Modified
               Following*)
               Next reset: 18 December 2012
FRC95          9.725% p.a. (465bps over 3 month Jibar of 5.075%)
               for the period 17 September 2012 to 17 December
               2012, payable on 18 December 2012 (Modified
               Following*)
               Next reset: 18 December 2012
FRC98          10.235% p.a. (516bps over 3 month Jibar of 5.075%)
               for the period 17 September 2012 to 17 December
               2012, payable on 18 December 2012 (Modified
               Following*)
               Next reset: 18 December 2012
JIBAR rates as at 17 September 2012: 3 Month 5.075%

*When the Interest Payment Date falls on a non business day one of
the following Date Convention will be applied, as specified for each
individual bond:

1. Following – This means that the interest will be paid on the
first business day after the weekend or public holiday.

2. Modified Following – This means that the interest will be paid on
the first business day after the weekend or public holiday. However,
if the first business day after the weekend or public holiday falls
in a new calendar month the last business day before the weekend /
public holiday will be used instead.

3. Preceding – This means that the interest will be paid on the last
business day before the weekend or public holiday.


18 September 2012

Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

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