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FIRSTRAND LIMITED - Dividend declaration of 320.25100 cents per variable rate non-cumulative,non-redeemable Firstrand B preference share

Release Date: 28/01/2014 08:30
Code(s): FSR FSRP     PDF:  
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Dividend declaration of 320.25100 cents per variable rate non-cumulative,non-redeemable Firstrand B preference share

FirstRand Limited
(Incorporated in the Republic of South Africa)
Registration number: 1966/010753/06
B Preference share code: FSRP ISIN: ZAE000060141
Income tax number: 9150201714
(FirstRand or the Group)

DIVIDEND DECLARATION OF 320.25100 CENTS PER VARIABLE      RATE   NON-
CUMULATIVE, NON-REDEEMABLE FIRSTRAND B PREFERENCE SHARE

Shareholders are advised that the salient dates for the nineteenth
dividend declaration on the variable rate non-cumulative, non-
redeemable B preference shares in FirstRand (“B preference shares”)
for the period from 27 August 2013 to 24 February 2014 both days
inclusive, in the gross amount of 320.25100 cents per B preference
share, will be as follows:

Last day to trade                           Friday, 14 February 2014
Shares commence trading ex the B
preference share dividend from the
commencement of business on                 Monday, 17 February 2014
Record date                                 Friday, 21 February 2014
Payment date of the B preference share
dividend                                    Monday, 24 February 2014

B preference share certificates may not be dematerialised or
rematerialised between Monday, 17 February 2014 and Friday, 21
February 2014, both days inclusive.

In the event that there is a change to the prime rate between the B
preference share dividend declaration date (the dividend declaration
date) and the B preference share dividend payment date (the dividend
payment date), the prevailing prime rate at the dividend declaration
date will be applied from the dividend declaration date to the
dividend payment date.

The Group has utilized secondary tax on companies’ credits
amounting to 230.80915 cents per B Preference share, the total
being R103 864 118.62.     As a consequence, dividends tax
amounting to 13.41628 cents per B Preference share, the total
being R6 037 324.71 will be deducted from this preference
dividend for all B preference shareholders who are subject to
dividends withholding tax. The net dividend will therefore be
306.83472 cents per B Preference share.

The issued share capital at the declaration date is 5 637 941 689
ordinary shares of one cent each and 45 000 000 B preference shares
of one cent each.

Sandton
28 January 2014

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited) 

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