FRBI29 - Listing of Tap Issue FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration number: 1929/001225/06) Issuer code: FRII Bond code: FRBI29 ISIN: ZAG000145608 (FRB) LISTING OF TAP ISSUE The JSE Limited has granted FirstRand Bank Limited the additional listing of its senior unsecured inflation- linked notes, in terms of its domestic medium term note (DMTN) programme dated 14 October 2015, effective 20 March 2018. Debt security code: FRBI29 ISIN: ZAG000145608 Type of debt security: Inflation-linked notes Nominal before issue: ZAR 231 000 000.00 Nominal issued: ZAR 25 000 000.00 Nominal after issue: ZAR 256 000 000.00 Issue date: 20 March 2018 Issue price: 90.3852% Coupon rate: 1.875 Interest commencement date: 30 September 2017 First interest payment date: 31 March 2018 Interest payment date(s): 31 March and 30 September of each year until maturity Last day to register: By 17:00 on 20 March and 19 September of each year until maturity Books close: 21 March and 20 September of each year until maturity Business day convention: Following Business day Maturity date: 31 March 2029 Base CPI: 97.0639211527019 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 72 191 684 778.61, 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. 19 March 2018 Debt Sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited) Date: 19/03/2018 04:23:00 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.