New Instrument Listing - FRB11 FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration No. 1929/001225/06) Company code: BIFR1 (“FRB”) LISTING OF NEW FINANCIAL INSTRUMENT The JSE Limited has granted FirstRand Bank Limited the listing of its FRB11 Subordinated Notes, in terms of its ZAR50,000,000,000 Domestic Medium Term Note Programme dated 29 November 2011. INSTRUMENT TYPE: Subordinated Notes Total Notes in Issue: R3,081,225,000.00 Instrument Code: FRB11 Nominal Issued: R1,500,000,000.00 Issue Price: 100% Interest Rate: 8.025% (3 month Jibar as at 11 December 2012 of 5.125% plus 290 basis points) Coupon Rate Indicator: Floating Issue Date: 11 December 2012 Interest Commencement Date: 11 December 2012 First Interest Date: 11 March 2013 Maturity Date: 11 December 2022 Last day to Register: By 17:00 on 5 March, 5 June, 5 September and 5 December in each year until the Early Redemption Date Books Close: 6 March, 6 June, 6 September and 6 December in each year until the Early Redemption Date Interest Payment Date: 11 March, 11 June, 11 September and 11 December in each year until the Maturity Date ISIN: ZAG000102054 Business Day Convention: Modified Following Business Day The Notes will be immobilised in the Central Depository (“CSD”) and settlement will take place electronically in terms of JSE Rules. This note has been privately placed by FirstRand Bank Limited. Any prospective purchaser of the note should contact FirstRand Bank Limited for details of the terms of the note. In this regard, prospective purchasers should be aware that: 1. The note issued is subject to the terms and conditions of the pricing supplement agreed between the Issuer and the subscriber(s) for the note and the Terms and Conditions of the Notes as set out in the Programme Memorandum dated 29 November 2011 in respect of the Issuer’s Note Programme; 2. The performance of each note issued is linked to the performance of an underlying third party entity and/or obligation stipulated in the pricing supplement in respect of the note and accordingly, as the prospective purchaser will assume credit exposure to both the Issuer and such entity and/or obligation, the note is only suitable for purchase by financially sophisticated investors after conducting all relevant independent investigations. The risks pertaining to credit-linked notes generally are more fully set out in the Programme Memorandum. Copies of the Programme Memorandum are available from the Issuer. 12 December 2012 Debt Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 12/12/2012 11:25:00 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.