Senior Bond Auction Announcement FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration No. 1929/001225/06) Company code: BIFR1 (FRB) ANNOUNCEMENT OF BOND AUCTION The following auction will be conducted by Rand Merchant Bank on behalf of FirstRand Bank Limited. The auction will be subject to the following terms: Issuer: FirstRand Bank Limited Arranger: Rand Merchant Bank Auction date: 05 February 2014 Settlement date: 10 February 2014 Issue size: R2 billion with the ability to upsize to R2.5 billion (FRB reserves the right to issue at its discretion and can increase the issue size if demand and pricing supports.) Bonds: FRJ17, FRX17, FRJ18, FRX18, FRJ19, FRX19, FRJ20, FRX20, FRX23, FRX24 and FRX26 Tenors: 3,4,5,6,9,10 and 12 years Interest nature: Floating and fixed Delta: The companion bond will be accommodated. Pricing: Indications are as at 23 January 2014, as displayed on Reuters FRBBONDS and Bloomberg FRBP On The Run Senior Bonds. Minimum denomination: ZAR 1 000 000 Auction methodology: Sealed bid without feedback Auction times: 09:00 to 11:00 To bid: Deon Kohlmeyer/Thando Vokwana/Alexa Nicolau +27 11 269 9040 Contact: Delia Patterson +27 83 676 9595 No FirstRand bond switches will be accommodated on auction date. This announcement is for information purposes only and does not constitute an offer or invitation to subscribe for or purchase any securities. 23 January 2014 Debt Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 23/01/2014 12:50:00 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.