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(1)(e) 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 30 September 2014 are set out below. R million FSR FRB Common Equity Tier 1 capital Ordinary share capital and premium 5 582 15 308 Qualifying reserves 74 738 46 063 Non-controlling interests 743 - Regulatory deductions (2 229) (872) Total Common Equity Tier 1 capital 78 834 60 499 Total Additional Tier 1 capital 5 203 2 400 Total Tier 1 capital 84 037 62 899 Tier 2 capital Tier 2 instruments 9 904 9 825 Other qualifying reserves 1 191 898 Regulatory deductions - (156) Total Tier 2 capital 11 095 10 567 Total qualifying capital and reserves 95 132 73 466 Minimum requirement per risk type: Credit risk 39 419 33 440 Counterparty credit risk 838 819 Operational risk 9 361 7 001 Market risk 1 505 1 354 Equity investment risk 3 392 626 Other assets 3 627 1 992 Total minimum capital requirement 58 142 45 232 Common Equity Tier 1 capital adequacy 13.6 13.4 ratio (%) Tier 1 capital adequacy ratio (%) 14.5 13.9 Total capital adequacy ratio (%) 16.4 16.2 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%. - FRB includes foreign branches and subsidiaries. Sandton 19 November 2014 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 19/11/2014 04:00:00 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.