Dealings in securities by directors and company secretary FirstRand Limited (Incorporated in the Republic of South Africa) (Registration number: 1966/010753/06) ISIN: ZAE000066304 Share Code: (JSE): FSR Share Code: (NSX): FST (“FSR”) DEALINGS IN SECURITIES BY DIRECTORS AND COMPANY SECRETARY In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Director : Sizwe Errol Nxasana Company : FirstRand Limited Date of transaction : 13 September 2013 Nature of transaction : Off market settlement of share appreciation right (“APR”) award in cash Class of securities : Ordinary shares Number of APR’s constituting original award : 795 016 Price of original award : R10.4800 Price of settlement : R33.5600 Award date : 3 November 2008 Vesting date : 3 November 2011 – 666 666 3 November 2012 – 128 350 Period of vesting : 3 November 2011 – 36 months 3 November 2012 – 48 months Value of original award : R8 331 767 Total value of transaction : R26 680 737 Directors’ interest : Direct beneficial Clearance obtained : Yes The restriction on the APR was lifted on 3 November 2011 and 3 November 2012. On 13 September 2013 Mr Nxasana elected settlement in cash in respect of the ordinary shares that constituted the award, to settle the tax liability incurred on this and the other dealings reported in this notice. Date of transaction : 13 September 2013 Nature of transaction : Off market settlement of conditional share (“CSP”) award by delivery of Ordinary shares Class of securities : CSP in respect of ordinary shares Number of CSP’s constituting original award : 221 121 Number of CSP’s delivered : 228 882 Price of original award : R20.1700 Price of settlement : R33.5600 Award date : 13 September 2011 Vesting date : 13 September 2013 Period of vesting : 24 months – in full Value of original award : R4 460 010 Value of settlement : R7 681 280 Directors’ interest : Direct beneficial Clearance obtained : Yes 40% of Mr Nxasana’s variable pay award in 2011 was deferred in CSP’s, totalling 221 121. The restriction of the award was lifted on 13 September 2013 and Mr Nxasana has elected to buy the shares underlying the CSP. The total award delivered, 228 882 CSP’s, is made up as follows: Original award on 13 September 2011 221 121 Additional award made on 8 October 2011 following the declaration of the special dividend 12 September 2011 7 761 Date of transaction : 16 September 2013 Nature of transaction : Off market settlement of conditional share (“CSP”) award, by delivery of shares Class of securities : CSP in respect of ordinary shares Number of CSP’s constituting original award : 520 785 Number of CSP’s delivered : 621 165 Price or original award : R20.1619 Price of settlement : R33.4000 Award date : 14 September 2010 Vesting date : 14 September 2013 Period of vesting : 36 months – in full Value of original award : R10 500 015 Value of settlement : R20 746 911 Directors’ interest : Direct beneficial Clearance obtained : Yes The restriction on the CSP was lifted on 14 September 2013. On 16 September 2013 Mr Nxasana elected to buy the shares underlying the CSP. The original award made on 14 September 2010 was 520 785 CSP’s. The total award delivered, 621 165 CSP’s, is made up as follows: Original award on 14 September 2010 520 785 Additional award made on 13 December 2010, following the Momentum/MMI merger and the unbundling of FSR’s interest in MMI to ordinary shareholders 79 316 Additional award made on 8 October 2011 following the declaration of the special dividend 12 September 2011 21 064 Director : Johan Petrus Burger Company : FirstRand Limited Date of transaction : 13 September 2013 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 : 197 323 Number of CSP’s delivered : 204 249 Price or original award : R20.1700 Price of settlement : R33.5600 Award date : 13 September 2011 Vesting date : 13 September 2013 Period of vesting : 24 months – in full Value of original award : R3 980 004 Value of settlement : R6 854 596 Directors’ interest : Direct beneficial Clearance obtained : Yes 40% of Mr Burger’s variable pay award in 2011 was deferred in CSP’s, totalling 197 323. The restriction on the CSP was lifted on 13 September 2013. Mr Burger elected settlement in cash of the ordinary shares that constituted the award. The total award delivered, 204 249 CSP’s, is made up as follows: Original award on 13 September 2011 197 323 Additional award made on 8 October 2011 following the declaration of the special 6 926 dividend on 12 September 2011. Date of transaction : 16 September 2013 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 : 396 789 Number of CSP’s delivered : 473 268 Price of original award : R20.1619 Price of settlement : R33.4000 Award date : 14 September 2010 Vesting date : 14 September 2013 Period of vesting : 36 months – in full Value of original award : R8 000 020 Value of settlement : R15 807 151 Directors’ interest : Direct beneficial Clearance obtained : Yes The restriction on the CSP was lifted on 14 September 2013. On 16 September 2013 Mr Burger elected settlement in cash for part of and to buy the shares underlying the CSP for his remaining entitlement. The original award made on 14 September 2010 was 396 789 CSP’s. The total award delivered, 473 268 CSP’s, is made up as follows: Original award on 14 September 2010 396 789 Additional award made on 13 December 2010, following the Momentum/MMI merger 60 431 and the unbundling of FSR’s interest in MMI to ordinary shareholders Additional award made on 8 October 2011 following the declaration of the special 16 048 dividend on 12 September 2011 Settlement will be effected as follows based on the closing price of FSR ordinary shares on 13 September 2013, R33.4000: Settlement in cash based on 67 600 shares R2 257 840 Delivery of 405 668 shares R13 549 311 The cash proceeds from these transactions will be utilised by Mr Burger to settle the tax liability incurred on the dealings reported. Company Secretary : Bruce William Unser Company : FirstRand Limited Date of transaction : 16 September 2013 Nature of transaction : Off market settlement of conditional share (“CSP”) award by delivery of shares Class of securities : CSP in respect of ordinary shares Number of CSP’s constituting original award : 78 366 Number of CSP’s delivered : 93 471 Price of original award : R20.1619 Price of settlement : R33.4000 Award date : 14 September 2010 Vesting date : 14 September 2013 Period of vesting : 36 months – in full Value of original award : R1 580 007 Value of settlement : R3 121 931 Directors’ interest : Direct beneficial Clearance obtained : Yes The restriction on the CSP was lifted on 14 September 2013. On 16 September 2013 Mr Unser elected to buy the shares underlying the CSP. The original award made on 14 September 2010 was 78 366 CSP’s. The total award delivered, 93 471 CSP’s, is made up as follows: Original award on 14 September 2010 78 366 Additional award made on 13 December 2010, following the Momentum/MMI merger 11 935 and the unbundling of FSR’s interest in MMI to ordinary shareholders Additional award made on 8 October 2011 following the declaration of the special 3 170 dividend on 12 September 2011 Sandton 17 September 2013 Sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited) Date: 17/09/2013 05:23:00 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. 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