FIRSTRAND BANK LIMITED - Announcement of Bond Auction

Announcement of Bond Auction

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:        24 July 2014
Settlement date:     29 July 2014
Issue size:          Up to R4 billion (FRB reserves the right to
                     issue at its sole discretion.)
Status of bonds:     Senior unsecured
Bonds:               FRJ17, FRX17, FRJ18, FRX18, FRJ19,        FRX19,
                     FRJ20, FRX20, FRJ21, FRX21, FRX23, FRX24 and
                     FRX26
Tenors:              3,4,5,6,7,9,10 and 12 years
Interest nature:     Floating and fixed
Delta:               The companion bond will be accommodated.
Minimum denomination:ZAR 1,000,000
Auction methodology: Sealed bid without feedback (uniform price)
Auction times:       09:00 to 11:00
To bid:              Deon Kohlmeyer/ Alexa Nicolau
                     +27 (11) 269 9040
Contact:             Delia Patterson +27 11 282 4162

No FirstRand bond switches or inflation trades 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.


10 July
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

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