Dealings In Securities by a Director FirstRand Limited (Incorporated in the Republic of South Africa) (Registration number: 1966/010753/06) ISIN: ZAE 000066304 Share Code: (JSE): FSR Share Code: (NSX): FST (“FirstRand”) DEALINGS IN SECURITIES BY A DIRECTOR In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Director : Johan Petrus Burger Company : FirstRand Limited Date of transaction : 14 September 2012 Nature of transaction : Off market settlement of conditional share (“CSP”) award, in cash Class of securities : CSP in respect of ordinary shares Number of CSP’s constituting original award : 219 136 Number of CSP’s delivered : 261 373 Price of original award : R20.4439 Award date : 14 September 2010 Vesting date : 13 September 2012 Period of vesting : 24 months – in full Value of original award : R4 479 994 Value of settlement : R6 949 908 Directors’ interest : Direct beneficial Clearance obtained : Yes 40% of Mr Burger’s variable pay award in 2010 was deferred in CSP’s, totalling 219 136. The total award delivered, 261 373 CSP’s, is made up as follows: Original award on 14 September 2010 219 136 Additional award made on 13 December 2010, following the unbundling of FSR’s interest in 33 374 Metropolitan Holdings Limited ("MMI") to ordinary shareholders (acquired as a consequence of the Momentum Group Limited and MMI merger, which was settled by means of an exchange of ordinary shares) ("the Momentum/MMI Merger"). Additional award made on 8 October 2011 following the declaration of the special dividend on 8 863 12 September 2011. The restriction on the CSP was lifted on 14 September 2012. Settlement will be effected in cash, based on the closing price of FSR ordinary shares on 13 September 2012, R26,59. The cash proceeds will be utilised by Mr Burger to settle the tax liability incurred on the dealings reporting in this notice. Date of transaction : 17 September 2012 Nature of transaction : Off market settlement of forfeitable share (“FSP”) award Class of securities : FSP in respect of ordinary shares Number of FSP’s constituting original award : 596 519 Number of FSP’s delivered : 596 519 Price of original award : R15.80 Award date : 16 September 2009 Vesting date : 15 September 2012 Period of vesting : 36 months – in full Value of original award : R9 425 000 Value of settlement : R15 211 234 Directors’ interest : Direct beneficial Clearance obtained : Yes The restriction on the FSP was lifted on 17 September 2012 and Mr Burger elected to take delivery of the total number of shares that constitute the award. Date of transaction : 17 September 2012 Nature of transaction : Off market settlement of conditional share (“CSP”) award , partly in cash, partly by delivery of shares Class of securities : CSP in respect of ordinary shares Number of CSP’s constituting original award : 450 000 Number of CSP’s delivered : 536 736 Price of original award : R19.15 Award date : 17 September 2009 Vesting date : 17 September 2012 Period of vesting : 36 months – in full Value of original award : R8 617 500 Value of settlement : R13 686 768 Directors’ interest : Direct beneficial Clearance obtained : Yes The original award made on 17 September 2009 was 450 000 CSP’s. The total award delivered, 536 736 CSP’s, is made up as follows: Original award on 17 September 2009 450 000 Additional award made on 13 December 2010, following the Momentum/MMI merger and the 68 535 unbundling of FSR’s interest in MMI to ordinary shareholders Additional award made on 8 October 2011 following the declaration of the special dividend on 18 201 12 September 2011 The restriction on the CSP was lifted on 17 September 2012. Settlement will be effected as follows based on the closing price of FSR ordinary shares on 17 September 2012, R25,50: Settlement in cash based on 204 766 CSP’s R5 221 553 Delivery of 331 970 CSP’s R8 465 235 The cash proceeds will be utilised by Mr Burger to settle the tax liability incurred on the dealings reporting in this notice. Sandton 18 September 2012 Sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited) Date: 18/09/2012 05:14:00 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.