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FIRSTRAND BANK LIMITED - FRC99, FRC101,FRC 105-6, FRC108 and FRC148:Notice to elect no payment of interest

Release Date: 24/08/2015 11:36
Code(s): FRC101 FRC105 FRC106 FRC148 FRC99 FRC108     PDF:  
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FRC99, FRC101,FRC 105-6, FRC108 and FRC148:Notice to elect no payment of interest

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 TO ELECT NO PAYMENT OF INTEREST IN TERMS OF PARAGRAPH 22(J) FOR THE
                          APPLICABLE PRICING SUPPLEMENTS



1.   In terms of this notice the Issuer of the Applicable Pricing Supplements issued under the
     FirstRand Limited ZAR30,000,000,000 Note Programme (the Programme) established
     pursuant to a programme memorandum dated 29 November 2011 (the Programme
     Memorandum) elects to make no Interest Payment on the next Interest Payment Date, which
     is 24 November 2015 to any Noteholders of:

     1.1      applicable pricing supplement dated 29 February 2012 (the FRC99 Applicable Pricing
              Supplement) in relation to the issue of ZAR3,000,000 Credit Linked Notes with
              Scheduled Termination Date of 24 February 2017 (Stock Code FRC99) (the FRC99
              Notes);

     1.2      applicable pricing supplement dated 2 March 2012 (the FRC101 Applicable Pricing
              Supplement) in relation to the issue of ZAR16,000,000 Credit Linked Notes with
              Scheduled Termination Date of 24 February 2017 (Stock Code FRC101) (the
              FRC101 Notes);

     1.3      applicable pricing supplement dated 19 March 2012 (the FRC105 Applicable Pricing
              Supplement) in relation to the issue of ZAR8,000,000 Credit Linked Notes with
              Scheduled Termination Date of 24 February 2017 (Stock Code FRC105) (the
              FRC105 Notes);

     1.4      applicable pricing supplement dated 16 March 2012 (the FRC106 Applicable Pricing
              Supplement) in relation to the issue of ZAR1,500,000 Credit Linked Notes with
              Scheduled Termination Date of 24 February 2017 (Stock Code FRC106) (the
              FRC106 Notes);

     1.5      applicable pricing supplement dated 19 April 2012 (the FRC108 Applicable Pricing
              Supplement) in relation to the issue of ZAR88,627,591 Credit Linked Notes with
              Scheduled Termination Date of 24 February 2017 (Stock Code FRC108) (the
              FRC108 Notes);

     1.6      applicable pricing supplement dated 28 August 2012 (the FRC148 Applicable Pricing
              Supplement) in relation to the issue of ZAR14,000,000 Credit Linked Notes with
              Scheduled Termination Date of 24 February 2017 (Stock Code FRC148) (the
              FRC148 Notes);

     the FRC99 Notes, the FRC101 Notes, the FRC105 Notes, the FRC106 Notes, the FRC108
     Notes and the FRC148 Notes, together constituting the Notes and the FRC99 Applicable
     Pricing Supplement, the FRC101 Applicable Pricing Supplement, the FRC105 Applicable
     Pricing Supplement, the FRC106 Applicable Pricing Supplement, the FRC108 Applicable
     Pricing Supplement and the FRC148 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 (read together with the Additional Terms and Conditions of
     Credit-Linked Notes (the Credit-Linked Annex)) where the context requires.

 24 August 2015

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

Date: 24/08/2015 11:36:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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