FRC256 - Listing of New Financial Instrument FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration number: 1929/001225/06) Issuer code: FRII Bond code: FRC256 ISIN: ZAG000145806 (FRB) LISTING OF NEW FINANCIAL INSTRUMENT The JSE Limited has granted FirstRand Bank Limited the listing of its senior unsecured unsubordinated credit-linked notes, in terms of its note programme dated 29 November 2011, effective 4 August 2017. Instrument type: Amortising Credit-Linked notes Programme amount: ZAR 30 000 000 000.00 Total notes in issue: ZAR 12 283 210 970.00 Instrument code: FRC256 Nominal issued: ZAR 30 000 000.00, such amount to amortise in accordance with the instalment amounts and dates in accordance with the applicable pricing supplement Issue price: 100% Interest rate: 9.267% (3 Month JIBAR as at 4 August 2017 of 7.067% plus 220 bps) Coupon rate indicator: Floating Issue date: 4 August 2017 Interest commencement date: 4 August 2017 First interest payment date: 17 October 2017 Maturity date: 17 July 2027 Final maturity amount: ZAR 30 000 000.00, as reduced in accordance with the applicable pricing supplement with the final redemption amount expected to be ZAR 1 500 000.00 Last day to register: By 17:00 on 12 October, 12 January, 12 April and 12 July each year until maturity Books close: 13 October, 13 January, 13 April and 13 July each year until maturity Interest payment date(s): 17 October, 17 January, 17 April and 17 July each year until maturity ISIN: ZAG000145806 Business day convention: Modified Following Business day Dealer: FirstRand Bank Limited, acting through its Rand Merchant Bank division Please note the issue price of the note is 100% and not 101.60077% as previously reported. 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 02:35:00 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.