FIRSTRAND BANK LIMITED - FRS130 - Extension of Maturity Date and Step-Up Rate

FRS130 - Extension of Maturity Date and Step-Up Rate

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Company code: BIFR1
ISIN: ZAG000125873
(FRB)

EXTENSION OF MATURITY DATE AND STEP-UP RATE

In accordance with the Terms and Conditions of the FirstRand Bank
Limited FRS130 note, FRB wishes to advise investors of the
extension of Maturity on the FRS130 note with the following
details:

INSTRUMENT TYPE:             Stepped Interest Note
Instrument Code:             FRS130
Coupon:                      3 month JIBAR as at 11 August 2015
                             plus 72.5 bps
Coupon Rate Indicator:       Floating
Stepped Interest:            Please refer to Annexure A of the
                             Pricing Supplement
Maturity Date:               11 November 2015
Extendible Maturity Date:    The right of extension may be exercised any
                             number of times, providing Maturity does
                             not exceed 11 February 2018
Last day to Register:        By 17:00 on 6 November 2015
Books Close:                 7 November 2015
Interest Payment Date:       11 November 2015
ISIN:                        ZAG000125873
Business Day Convention:     Modified Following Business Day

Further notification of extensions will be announced prior to the
next Maturity Date as per the Applicable Pricing Supplement, subject
to Noteholders exercising an early redemption option.

The Notes will be immobilised in the Central Depository (CSD) and
settlement will take place electronically in terms of JSE Rules.

Any prospective purchaser of the note should contact Rand Merchant
Bank for details of the terms of the note.

23 June 2015

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

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