Recommended cash offer for Aldermore Group PLC: Completion of acquisition by FirstRand International Limited FirstRand Limited (Incorporated in the Republic of South Africa) (Registration number 1966/010753/06) JSE ordinary share code: FSR Ordinary share ISIN: ZAE000066304 JSE B preference share code: FSRP B preference share ISIN: ZAE000060141 NSX ordinary share code: FST FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration number 1929/001225/06) JSE company code interest rate issuer: FRII JSE company code debt issuer: FRD JSE company code ETF issuer: FRLE NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR IMMEDIATE RELEASE RECOMMENDED CASH OFFER for Aldermore Group PLC by FirstRand International Limited, a wholly-owned subsidiary of FirstRand Limited COMPLETION OF ACQUISITION BY FIRSTRAND INTERNATIONAL LIMITED Aldermore Group PLC ("Aldermore" or the "Company") and FirstRand International Limited ("FirstRand Offeror"), a wholly-owned subsidiary of FirstRand Limited, are pleased to announce that the Scheme has now become effective and the entire issued ordinary share capital of Aldermore is owned by FirstRand Offeror. Admission to trading of Aldermore Shares on the London Stock Exchange’s main market for listed securities and the listing of Aldermore Shares on the premium listing segment of the Official List of the UK Listing Authority will be cancelled with effect from 8:00 am on 15 March 2018. Aldermore Shareholders on the register at the Scheme Record Time, being 6.00p.m. on 13 March 2018, will receive 313 pence in cash for each Scheme Share. The consideration due to Scheme Shareholders will be sent by 28 March 2018. Defined terms used but not defined in this announcement have the meanings set out in the Scheme Document dated 13 November 2017. Enquiries: FirstRand Ltd Tel: +27 (0) 11 282 1341 Sam Moss, Head of Investor Relations Credit Suisse, financial advisor to FirstRand Tel: +44 (0) 20 7888 Offeror and FirstRand Ltd 8888 George Maddison / William Nourse / Joe Hannon / Gaurav Parkash Rand Merchant Bank financial advisor to Tel: +27 (0) 11 282 FirstRand Offeror and FirstRand Ltd 8000 Leon von Moltke / Dinesh Fakir Teneo Blue Rubicon, public relations adviser Tel: +44 (0)20 7420 to FirstRand Offeror and FirstRand Ltd 3195 Anthony Silverman Publication on website A copy of this announcement will be made available subject to certain restrictions relating to persons resident in restricted jurisdictions on Aldermore’s and FirstRand Limited’s websites (http://www.investors.aldermore.co.uk and http://www.firstrand.za/InvestorCentre, respectively) by no later than 12 noon (London time) on 15 March 2018. For the avoidance of doubt, the contents of those websites are not incorporated and do not form part of this announcement. 14 March 2018 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 14/03/2018 05:40:00 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.