Quarterly disclosure on Basel III capital adequacy FirstRand Limited (Incorporated in the Republic of South Africa) (Registration number 1966/010753/06) JSE Ordinary Share Code: FSR Ordinary Share ISIN: ZAE000066304 JSE B Preference Share Code: FSRP B Preference Share ISIN: ZAE000060141 NSX Ordinary Share Code: FST (FSR or the Group) FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration number 1929/001225/06) JSE company code: BIFR1 (FRB or the Bank) QUARTERLY DISCLOSURE ON BASEL III CAPITAL ADEQUACY In terms of Regulation 43 of the Regulations relating to banks, the Group is required to disclose quantitative information on its capital adequacy ratios on a quarterly basis. This is in accordance with Pillar 3 of the Basel Accord. The consolidated capital positions of the Group and the Bank at 31 March 2014 are set out below. FSR FRB Rm Rm Common Equity Tier 1 capital Ordinary share capital and premium 5 616 15 308 Qualifying reserves 69 436 42 024 Non-controlling interests 618 - Regulatory deductions (2 475) (1 064) Total Common Equity Tier 1 capital 73 195 56 268 Total Additional Tier 1 capital 5 327 2 400 Total Tier 1 capital 78 522 58 668 Tier 2 capital Tier 2 instruments 6 519 6 094 Other qualifying reserves 299 30 Regulatory deductions - (146) Total Tier 2 capital 6 818 5 978 Total qualifying capital and reserves 85 340 64 646 Minimum requirement per risk type: Credit risk 37 263 31 345 Counterparty credit risk 774 758 Operational risk 8 506 6 568 Market risk 1 483 1 326 Equity investment risk 3 285 652 Other assets 3 077 1 563 Total minimum capital requirement 54 388 42 212 Common Equity Tier 1 capital adequacy ratio (%) 13.5 13.3 Tier 1 capital adequacy ratio (%) 14.4 13.9 Total capital adequacy ratio (%) 15.7 15.3 Notes: - The figures above have not been reviewed and reported on by the Group’s external auditors. - Qualifying reserves exclude any unappropriated profits. - The minimum capital requirement excludes any bank-specific individual capital requirement and is reported at 10%. Sandton 30 May 2014 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 30/05/2014 07:30:00 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.