FRBI23 - Listing of Tap Issue FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration number: 1929/001225/06) Issuer code: FRII Bond code: FRBI23 ISIN: ZAG000076498 (FRB) LISTING OF TAP ISSUE The JSE Limited has granted FirstRand Bank Limited the additional listing of its FRBI23 inflation-linked notes, in terms of its Domestic Medium Term Note programme (DMTN) dated 14 October 2015. INSTRUMENT TYPE: Inflation-linked note Programme amount: ZAR 80 000 000 000.00 Total notes in issue: ZAR 62 751 000 008.61, inclusive of all issuances under the FRB DMTN programmes Nominal before tap issue: ZAR 1 352 360 000.00 Tap amount: ZAR 135 400 000.00 Nominal following tap issue: ZAR 1 487 760 000.00 Instrument code: FRBI23 Issue price: 279.119770% Interest rate: 5.50% Coupon rate indicator: Inflation-linked Issue date: 31 July 2017 Interest commencement date: 7 June 2017 First interest payment date: 7 December 2017 Maturity date: 7 December 2023 Last day to register: By 17:00 on 26 November and 27 May of each year until the maturity date Books close: 27 November and 28 May of each year until the maturity date Interest payment date: 7 December and 7 June of each year until the maturity date Base CPI: 41.1724702669556 Business day convention: 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. 28 July 2017 Debt Sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited) Date: 28/07/2017 02:50:00 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.