FRS182 - 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: FRS182 ISIN: ZAG000154386 (FRB) LISTING OF NEW FINANCIAL INSTRUMENT The JSE Limited has granted FirstRand Bank Limited the listing of its unsecured floating rate notes, in terms of its note programme (the programme) dated 29 November 2011, effective 27 September 2018. Debt security code: FRS182 ISIN: ZAG000154386 Type of debt security: Floating Rate Notes Nominal issued: ZAR 160 000 000.00 Issue date: 27 September 2018 Issue price: 100% Coupon rate: 3 month JIBAR plus 240 basis points, with a capped rate applicable Maximum Rate of Interest 10.81% NACQ Interest commencement date: 27 September 2018 Interest determination date(s): 27 December, 27 March, 27 June and 27 September of each year until maturity, with the first interest determination date being 27 September 2018 First interest payment date: 27 December 2018 Interest payment date(s): 27 December, 27 March, 27 June and 27 September of each year until maturity Last day to register: By 17:00 on 22 December, 22 March, 22 June and 22 September of each year until maturity Books close: 23 December, 23 March, 23 June and 23 September of each year until maturity Business day convention: Modified Following Business Day Maturity date: 27 September 2025 Final maturity amount: 100% of the aggregate nominal amount Other: The pricing supplement contains additional terms and conditions Summary of additional terms: Please refer to the early optional redemption at the option of FRB, line items 30 and 37 of the applicable pricing supplement Programme amount: ZAR 30 000 000 000.00 Total notes in issue under programme: ZAR 15 112 331 394.00 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. 26 September 2018 Debt Sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited) Date: 26/09/2018 02:20:00 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.