FIRSTRAND BANK LIMITED - FRC181- Result of meeting of noteholders of the FRC181 notes

FRC181- Result of meeting of noteholders of the FRC181 notes

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Company code: BIFR1
ISIN: ZAG000108549

(“FRB”)



RESULTS OF MEETING OF HOLDERS OF THE FRC181 NOTES ISSUED BY FIRSTRAND BANK
LIMITED

Noteholders are advised that at a meeting of Noteholders held at on 19 February 2016, the following
resolutions were proposed to be passed:

AS EXTRAORDINARY RESOLUTION NO. 1

         Resolution to obtain consent by the holders of the Notes (as defined below) (the Noteholders)
         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) in accordance with Condition 22 (Notices) of the section headed “Terms and
         Conditions of the Notes” in the Programme Memorandum (the Terms and Conditions), required in
         terms of Condition 24 (Meeting of Noteholders) to amend and restate the Terms and Conditions of
         the applicable pricing supplement dated 2 September 2013 (the Applicable Pricing Supplement) in
         relation to the issue of ZAR50,000,000 Credit Linked Notes with a Maturity Date of 6 August 2023
         (Stock Code FRC181) (the Notes).


After the voting had been conducted, the results of the voting are as follows:

(i)     the acceptance by the Noteholders of Extraordinary Resolution 1 passed by Noteholders representing
        100%of the aggregate Outstanding Principal Amount of the Notes issued under the Programme;

(ii)    the amount of Noteholders who voted against Extraordinary Resolution No. 1 represents 0%

(iii)   ZAR 800,000 payable on the Amendment Date as such the Nominal Amount of the Notes as at the
         Amendment Date is ZAR4,800,000,


22 February 2016
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

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