Notice of Request for Written Consent of Noteholders FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration No. 1929/001225/06) Company code: BIFR1 (FRB) FIRSTRAND BANK LIMITED (Registration Number: 1929/001225/06) (the Issuer) NOTICE OF REQUEST FOR WRITTEN CONSENT OF INSTRUMENTHOLDERS IN ACCORDANCE WITH CONDITION 23 OF THE FIRSTRAND BANK LIMITED ZAR15,000,000,000 STRUCTURED NOTE AND PREFERENCE SHARE PROGRAMME 1. This notice of request for consent (this Consent Request) is delivered by the Issuer to each holder of Notes (as defined below) (the Instrumentholders) issued under the FirstRand Limited ZAR15,000,000,000 Structured Note and Preference Share Programme (the Programme) established pursuant to a programme memorandum dated 11 February 2008 (the Programme Memorandum) in accordance with Condition 21 (Notices) of the section headed “Terms and Conditions of the Instruments” in the Programme Memorandum (the Terms and Conditions), for purposes of obtaining the Instrumentholders’ written consent to waive the 14 day written notice period required in terms of Condition 22 (Meeting of Instrumentholders) and amend and restate the Terms and Conditions of the following applicable pricing supplements: 1.1 applicable pricing supplement dated 10 October 2014 (the FRC78 Applicable Pricing Supplement) in relation to the issue of ZAR22,350,000 Credit Linked Notes with Scheduled Termination Date of 15 June 2016 (Stock Code FRC78) (the FRC78 Notes); 1.2 applicable pricing supplement dated 12 October 2011 (the FRC79 Applicable Pricing Supplement) in relation to the issue of ZAR35,150,000 Credit Linked Notes with Scheduled Termination Date of 15 June 2016 (Stock Code FRC79) (the FRC79 Notes); 1.3 applicable pricing supplement dated 17 November 2011 (the FRC82 Applicable Pricing Supplement) in relation to the issue of ZAR20,000,000 Credit Linked Notes with Scheduled Termination Date of 15 June 2016 (Stock Code FRC82) (the FRC82 Notes), the FRC78 Notes, the FRC79 Notes and the FRC82 Notes, together constituting the Notes and the FRC78 Applicable Pricing Supplement, the FRC79 Applicable Pricing Supplement and the FRC82 Applicable Pricing Supplement, together constituting the Applicable Pricing Supplements. 2. Capitalised terms used herein which are not otherwise defined shall bear the meaning ascribed thereto in the Terms and Conditions where the context requires. 3. The Issuer seeks the Instrumentholders’ consent in accordance with Condition 23.2 (Modification) of the Terms and Conditions to: 3.1 waive the 14 day written notice period required in terms of Condition 22 (Meeting of Instrumentholders); and 3.2 amend and restate the Terms and Conditions of the Applicable Pricing Supplements to reflect the changes highlighted in the attached revised versions of each Applicable Pricing Supplement annexed as Schedules 1 to 3 hereto, by completing the Consent Notice annexed hereto as Schedule 4 and delivering the same to the registered office of the relevant CSD Participant that provided said Instrumentholder with the Consent Notice, and providing a copy thereof to FirstRand Bank Limited, acting through its Rand Merchant Bank division (as Dealer) and the Issuer by no later than 12h00 on Friday 22 August 2014 in accordance with the terms and conditions of Schedule 4. The relevant CSD Participant will then notify Strate Limited of the total number of Consent Notices received, both in favour and not in favour of the proposed amendments. 4. As a consequence of the proposed amendments to the Applicable Pricing Supplements, the Noteholders consent to the withdrawal of the Credit Event Notice dated 11 August 2014 in respect of the Reference Entity applicable to the Notes, which Credit Event may not again be cited for the remainder of the term of the Notes. 5. This Notice is being delivered to Strate in accordance with Condition 23 (Modification) as read with Condition 21 (Notices) of the Terms and Conditions. 21 August 2014 Debt Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 21/08/2014 05:50:00 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.