FRX25 and FRX28 - Listing of New Financial Instruments FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration number: 1929/001225/06) Issuer code: FRII Bond code: FRX25 ISIN: ZAG000152828 Bond code: FRX28 ISIN: ZAG000152836 (FRB) LISTING OF NEW FINANCIAL INSTRUMENTS The JSE Limited has granted FirstRand Bank Limited the listing of its senior unsecured fixed rate notes, in terms of its domestic medium term note (DMTN) programme dated 13 October 2015, effective 26 July 2018. Debt security code: FRX25 ISIN: ZAG000152828 Type of debt security: Fixed rate notes Nominal issued: ZAR 663 000 000.00 Issue date: 26 July 2018 Issue price: 100% Coupon rate: 9.750% Interest commencement date: 26 July 2018 First interest payment date: 26 January 2019 Interest payment date(s): 26 January and 26 July each year until maturity Last day to register: By 17:00 on 15 January and 15 July each year until maturity Books close: 16 January and 16 July each year until maturity Business day convention: Following Business day Maturity date: 26 July 2025 Final maturity amount: 100% of nominal issued 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 Debt security code: FRX28 ISIN: ZAG000152836 Type of debt security: Fixed rate notes Nominal issued: ZAR 90 000 000.00 Issue date: 26 July 2018 Issue price: 100% Coupon rate: 10.120% Interest commencement date: 26 July 2018 First interest payment date: 26 January 2019 Interest payment date(s): 26 January and 26 July each year until maturity Last day to register: By 17:00 on 15 January and 15 July each year until maturity Books close: 16 January and 16 July each year until maturity Business day convention: Following Business day Maturity date: 26 July 2028 Final maturity amount: 100% of nominal issued 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 100 000 000 000.00 Total notes in issue under programme: ZAR 71 830 949 301.61, 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. 25 July 2018 Debt Sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited) Date: 25/07/2018 11:25:00 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.