FRJ23 - 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: FRJ23 ISIN: ZAG000149436 (FRB) LISTING OF NEW FINANCIAL INSTRUMENT The JSE Limited has granted FirstRand Bank Limited the listing of its senior unsecured floating rate notes, in terms of its domestic medium term note (DMTN) programme dated 14 October 2015, effective 31 January 2018. Debt security code: FRJ23 ISIN: ZAG000149436 Type of debt security: Floating rate notes Nominal issued: ZAR 670 000 000.00 Issue date: 31 January 2018 Issue price: 100 % Coupon rate: 3 month JIBAR plus 145 basis points Interest commencement date: 31 January 2018 Interest determination date(s): 31 January, 30 April, 31 July and 31 October, with the first interest determination date being 26 January 2018 First interest payment date: 30 April 2018 Interest payment date(s): 31 January, 30 April, 31 July and 31 October of each year until maturity Last day to register: By 17:00 on 25 January, 24 April, 25 July and 25 October of each year until maturity Books close: 26 January, 25 April, 26 July and 26 October of each year until maturity Business day convention: Following Business day Maturity date: 31 July 2023 Final maturity amount: 100% 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 69 747 999 951.61 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. 30 January 2018 Debt Sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited) Date: 30/01/2018 10:46:00 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.