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FIRSTRAND BANK LIMITED - FRS170 - Listing of New Financial Instrument

Release Date: 04/08/2017 11:25
Code(s): FRS170     PDF:  
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FRS170 - Listing of New Financial Instrument

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
ISIN FRS170: ZAG000145954
(FRB)

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted FirstRand Bank Limited the listing of its unsecured currency-linked notes, in
terms of its note programme dated 29 November 2011, effective 7 August 2017.

Instrument type:                   Currency-Linked notes
Programme amount:                  ZAR 30 000 000 000.00
Total notes in issue:              ZAR 12 319 864 663.00

Instrument code:                   FRS170
Nominal issued:                    ZAR 4 216 550.00
Issue price:                       100%
Interest rate:                     The interest amount will be equal to an amount determined and
                                   calculated by the Calculation Agent in accordance with the formula
                                   included in the pricing supplement.
Coupon rate indicator:             Floating
Issue date:                        7 August 2017
Interest commencement date:        31 July 2017
First interest payment date:       1 November 2017
Maturity date:                     1 August 2022
Final maturity amount:             The redemption amount is based on the exchange rate between ZAR
                                   and the relevant currency on the valuation date set out in the pricing
                                   supplement
Last day to register:              By 17:00 on 26 October, 26 January, 25 April and 26 July each year until
                                   maturity
Books close:                       27 October, 27 January, 26 April and 27 July each year until maturity
Interest payment date(s):          1 November, 1 February, 1 May and 1 August each year until maturity
ISIN:                              ZAG000145954
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.

This note has been privately placed by FirstRand Bank Limited. Any prospective purchaser of the note should
contact FirstRand Bank Limited for details of the terms of the note. In this regard, prospective purchasers
should be aware that:

1. The note issued is subject to the terms and conditions of the pricing supplement agreed between the issuer
and the subscriber(s) for the note and the terms and conditions of the notes as set out in the programme
memorandum dated 29 November 2011 in respect of the issuer’s note programme.

2. The performance of each note issued is linked to the performance of an underlying third party entity
and/or obligation stipulated in the pricing supplement in respect of the note and accordingly, as the
prospective purchaser will assume credit exposure to both the issuer and such entity and/or obligation, the
note is only suitable for purchase by financially sophisticated investors after conducting all relevant
independent investigations. The risks pertaining to credit-linked notes generally are more fully set out in the
programme memorandum. Copies of the programme memorandum are available from the issuer.


4 August 2017

Debt Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)

Date: 04/08/2017 11:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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