FIRSTRAND BANK LIMITED - FRC206 and FRC210 - Notification of Partial Capital Reductions and Accrued Interest Payments of Debt Securities

FRC206 and FRC210 - Notification of Partial Capital Reductions and Accrued Interest Payments of Debt Securities

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
Bond code: FRC206            ISIN: ZAG000116088
Bond code: FRC210            ISIN: ZAG000120296
(FRB)

NOTIFICATION OF PARTIAL CAPITAL REDUCTIONS AND ACCRUED INTEREST PAYMENTS OF LISTED
DEBT SECURITIES

In accordance with the terms and conditions of FRB’s ZAR 30 000 000 000 note programme dated 29 November
2011, as amended and updated from time to time, bondholders are herewith advised of the partial capital
reductions of the FRC206 and FRC210 notes.


Bond code:                                                 FRC206
ISIN:                                                      ZAG000116088
Nominal amount before reduction:                           ZAR 25 000 000.00
Reduction of nominal amount:                               ZAR 100 000.00
Nominal amount after reduction:                            ZAR 24 900 000.00
Settlement / redemption amount:                            ZAR 100 000.00
Pay date                                                   28 March 2019
Accrued interest amount:                                   ZAR 205.81, included in the settlement amount
Annualised interest rate:                                  9.39%

Bond code:                                                 FRC210
ISIN:                                                      ZAG000120296
Nominal amount before reduction:                           ZAR 35 000 000.00
Reduction of nominal amount:                               ZAR 200 000.00
Nominal amount after reduction:                            ZAR 34 800 000.00
Settlement / redemption amount:                            ZAR 201 640.00
Pay date                                                   28 March 2019
Accrued interest amount:                                   ZAR 431.78, included in the settlement amount
Annualised interest rate:                                  9.85%

Interest period:                                           20 March 2019 to 28 March 2019


The partial capital reductions are due to the repurchase of the listed debt securities by FRB.


27 March 2019

Debt Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)

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