Dollar Custodial Certificates Distribution FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration No. 1929/001225/06) Alpha code: DCCUSD ISIN: ZAE000234977 (FRB or the Issuer) DOLLAR CUSTODIAL CERTIFICATES DISTRIBUTION Notice is hereby given that the Issuer will pay a cash distribution to the holders of the Dollar Custodial Certificates listed on the Exchange Traded Funds sector of the JSE Limited (DCCUSD) in the amount of R8.72 (872 cents) per DCCUSD unit. For purposes of clarity, kindly note that the distribution will be marked as interest in accordance with the JSE’s payment infrastructure. Investors are advised that no lending relationship exists between themselves and the Issuer [clause 12 of the Offering Circular dated 6 January 2017]. The salient dates for the payment will be as follows: Last day to trade to receive the payment Tuesday, 5 June 2018 Shares commence trading “ex” the payment on Wednesday, 6 June 2018 Record date Friday, 8 June 2018 Payment date Monday, 11 June 2018 The DCCUSD certificates may not be dematerialised or rematerialised between Wednesday, 6 June 2018 and Friday, 8 June 2018, both days inclusive. Local dividend tax of 20% is not applicable to the payment amount. The payment has been calculated with reference to interest received by the Issuer from the underlying asset, being US Treasury Bills. The Issuer had 85 000 DCCUSD units in issue as at the date of receipt of the income on the underlying asset. Sandton 21 May 2018 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 21/05/2018 09:45:00 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.