Report on proceedings at annual general meeting of the ordinary shareholders and retirement of JJH Bester FIRSTRAND LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1966/010753/06) JSE ordinary share code: FSR ISIN: ZAE000066304 JSE B preference share code: FSRP ISIN: ZAE000060141 NSX ordinary share code: FST (FirstRand) REPORT ON PROCEEDINGS AT ANNUAL GENERAL MEETING OF THE ORDINARY SHAREHOLDERS AND RETIREMENT OF JJH BESTER Ordinary shareholders are advised that, at the 18th (eighteenth) annual general meeting (AGM) of FirstRand held on Tuesday, 2 December 2014, all of the resolutions set out in the notice of the AGM dated 8 September 2014 were passed, without modification, by the requisite majority of votes. Details of the votes cast on each resolution are set out below: RESOLUTIONS VOTES % VOTES % VOTES % of SHARES FOR AGAINST TOTAL ISSUED ABSTAINED SHARE DISCLOSED CAPITAL AS A % IN VOTED RELATION TO THE TOTAL ISSUED SHARE CAPITAL Ordinary Resolution 1.1 – Re-Election of L Crouse 3 833 409 987 87.52805 418 754 183 9.56139 4 379 636 057 77.68% 2.26 Ordinary Resolution 1.2 - Re-Election of NN Bomela 4 293 477 679 98.03275 79 794 506 1.82194 4 379 636 057 77.68% 0.11 Ordinary Resolution 1.3 - Re-Election of NN Gwagwa 4 312 172 623 98.45961 53 691 242 1.22593 4 379 636 057 77.68% 0.24 Ordinary Resolution 1.4 - Re-Election of D Premnarayen 4 248 152 504 96.99784 116 247 701 2.65428 4 379 636 057 77.68% 0.27 Ordinary Resolution 1.5 – KB Schoeman 4 295 101 035 98.06982 79 788 423 1.82180 4 379 636 057 77.68% 0.08 Ordinary Resolution 1.6 – BJ van der Ross 4 208 159 427 96.08468 159 321 711 3.63778 4 379 636 057 77.68% 0.22 Ordinary Resolution 1.7 – JH van Greuning 4 370 396 653 99.78904 5 956 465 0.13600 4 379 636 057 77.68% 0.06 Ordinary Resolution 1.8 – Re-Election of VW Bartlett 4 287 321 506 97.89219 89 031 612 2.03285 4 379 636 057 77.68% 0.06 Ordinary Resolution 1.9 – Vacancies filled by the directors - HS Kellan 4 291 874 713 97.99615 73 665 216 1.68199 4 379 636 057 77.68% 0.25 Ordinary Resolution 1.10 – Vacancies filled by the directors - RM Loubser 4 314 031 294 98.50205 60 243 612 1.37554 4 379 636 057 77.68% 0.10 Ordinary Resolution 2.1 – Re-appointment of Deloittes & Touche as auditors 4 369 739 338 99.77403 6 613 780 0.15101 4 379 636 057 77.68% 0.06 Ordinary Resolution 2.2 - Re-appointment of Deloittes & Touche as auditors 4 372 763 071 99.84307 3 581 047 0.08177 4 379 636 057 77.68% 0.06 Ordinary Resolution 2.3 – Ratification of indidividual registered auditor 4 373 905 296 99.86915 2 447 822 0.05589 4 379 636 057 77.68% 0.06 Advisory Endorsement 4 289 617 383 97.94461 77 337 916 1.76585 4 379 636 057 77.68% 0.22 Ordinary Resolution 3 – Placing the unissued shares under the control of the directors 3 948 539 178 90.15679 427 813 940 9.76825 4 379 636 057 77.68% 0.06 Ordinary Resolution 4 – General authority to issue authorised but 4 168 363 893 95.17603 207 989 225 4.74901 4 379 636 057 77.68% 0.06 unissued ordinary shares Special Resolution 1 – General authority to repurchase ordinary shares 4 325 579 513 98.76573 49 909 765 1.13959 4 379 636 057 77.68% 0.07 Special Resolution 2.1 – Specific repurchase of shares from the FirstRand Black Employee Trust 4 376 341 804 99.92478 11 314 0.00026 4 379 636 057 77.68% 0.06 Special Resolution 2.2 - – Specific repurchase of shares from the FirstRand Black Non-Executive Directors Trust 4 156 536 334 99.92081 11 314 0.00027 4 159 830 587 73.78% 0.06 Special Resolution 2.3 - – Specific repurchase of shares from the FirstRand Staff Assistance Trust 4 376 341 783 99.92478 11 335 0.00026 4 379 636 057 77.68% 0.06 Special Resolution 3.1 – Financial assistance to directors and prescribed officers as employee share scheme beneficiaries 4 344 192 819 99.19073 32 160 278 0.73431 4 379 636 057 77.68% 0.06 Special Resolution 3.2 – Financial assistance to related and interrelated entities 4 312 511 313 98.46734 63 841 805 1.45770 4 379 636 057 77.68% 0.06 Special Resolution 4 – Remuneration of non- executive directors 4 363 417 266 99.62968 12 935 852 0.29536 4 379 636 057 77.68% 0.06 Shareholders are further advised that Jurie Bester retired from the boards of directors (the boards) of FirstRand Limited and FirstRand Bank Limited at the conclusion of each company's AGM. The Boards wish to express their appreciation for the valuable contribution that he has made to the boards during his time with FirstRand Limited and FirstRand Bank Limited and wishes him well in his future endeavours. Sandton 3 December 2014 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 03/12/2014 09:57:00 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.