FRBI25 - Listing of Tap Issue FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration number: 1929/001225/06) Issuer code: FRII Bond code: FRBI25 ISIN: ZAG000109588 (FRB) LISTING OF TAP ISSUE The JSE Limited has granted FirstRand Bank Limited the additional listing of its FRBI25 inflation-linked notes, in terms of its Domestic Medium Term Note programme (DMTN) dated 29 November 2011. INSTRUMENT TYPE: Inflation-linked note Programme amount: ZAR80 000 000 000.00 Total notes in issue: ZAR61 345 655 135.61 Nominal before tap issue ZAR1 029 170 000.00 Tap amount ZAR40 000 000.00 Nominal following tap issue ZAR1 069 170 000.00 Instrument code: FRBI25 Issue price: 118.22381% Interest rate: 2.00% Coupon rate indicator: Inflation-linked Issue date: 31 May 2017 Interest commencement date: 31 January 2017 First interest payment date: 31 July 2017 Maturity date: 31 January 2025 Last day to register: By 17:00 on 20 January and 20 July of each year until the maturity date Books close: 21 January and 21 July of each year until the maturity date Interest payment date: 31 January and 31 July of each year until the maturity date Base CPI: 96.802199760674 Business day convention: Modified Following Business day Dealer: FirstRand Bank Limited, acting through its Rand Merchant Bank division The notes will be immobilised in the Central Securities Depository and settlement will take place electronically in terms of JSE Rules. 30 May 2017 Debt Sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited) Date: 30/05/2017 10:10:00 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.