FRBI46 - Listing of Tap Issue FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration number: 1929/001225/06) Issuer code: FRII Bond code: FRBI46 ISIN: ZAG000135302 (FRB) LISTING OF TAP ISSUE The JSE Limited has granted FirstRand Bank Limited the additional listing of its FRBI46 senior unsecured inflation-linked notes, in terms of its domestic medium term note (DMTN) programme dated 14 October 2015, effective 5 December 2017. Debt security code: FRBI46 ISIN: ZAG000135302 Type of debt security: Inflation-linked notes Nominal before issue: ZAR 500,581,640.00 Nominal issued: ZAR 44,000,000.00 Nominal after issue: ZAR 544,581,640.00 Issue date: 5 December 2017 Issue price: 87.434070% Coupon rate: 2.50% Interest commencement date: 30 September 2017 First interest payment date: 31 March 2018 Interest payment dates: 31 March and 30 September of each year until maturity Last day to register: By 17:00 on 21 March and 20 September of each year until maturity Books close: 22 March and 21 September of each year until maturity Business day convention: Following Business day Maturity date: 31 March 2046 Base CPI: 82.3628320873319 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 does not contain additional terms and conditions or changes to the terms and conditions as contained in the DMTN Summary of additional terms: Not applicable Programme amount: ZAR 80,000,000,000.00 Total notes in issue under programme: ZAR 71,194,429,951.61, inclusive of all issuances under the FRB DMTN programmes Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited The notes will be immobilised in the Central Securities Depository and settlement will take place electronically in terms of JSE Rules. 4 December 2017 Debt Sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited) Date: 04/12/2017 04:44:00 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.