FRBI50 - Listing of Tap Issue FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration number: 1929/001225/06) Issuer code: FRII Bond code: FRBI50 ISIN: ZAG000141649 (FRB) LISTING OF TAP ISSUE The JSE Limited has granted FirstRand Bank Limited the additional listing of its senior secured inflation- linked notes, in terms of its domestic medium term note (DMTN) programme dated 14 October 2015, effective 4 December 2017. Debt security code: FRBI50 ISIN: ZAG000141649 Type of debt security: Inflation-linked notes Nominal before issue: ZAR 130 000 000.00 Nominal issued: ZAR 25 000 000.00 Nominal after issue: ZAR 155 000 000.00 Issue date: 4 December 2017 Issue price: 88.87864% Coupon rate: 2.50% Interest commencement date: 30 June 2017 First interest payment date: 31 December 2017 Interest payment date(s): 31 December and 30 June of each year until maturity Last day to register: By 17:00 on 20 December and 19 June of each year until maturity Books close: 21 December and 20 June of each year until maturity Business day convention: Following Business day Maturity date: 31 December 2050 Base CPI: 77.6995272142208 Final maturity amount: 100% of the total notes in issue adjusted by the CPI adjustment for the maturity date, provided that if the amount so adjusted is less than 100% of the total notes in issue, the final redemption amount will be 100% of the total notes in issue. Other: The pricing supplement contains additional terms and conditions Summary of additional terms: The additional terms and conditions relate to the methodology of calculating interest Programme amount: ZAR 80 000 000 000.00 Total notes in issue under programme: ZAR 71 150 429 951.51, inclusive of all issuances under the FRB DMTN programmes 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. 1 December 2017 Debt Sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited) Date: 01/12/2017 01:50:00 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.