FRII - Interest Payment Notifications FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration number: 1929/001225/06) Issuer code: FRII LEI: ZAYQDKTCATIXF9OQY690 Bond Code: FRC250 ISIN: ZAG000135559 Bond Code: FRC283 ISIN: ZAG000154394 Bond Code: FRC321 ISIN: ZAG000163759 Bond Code: FRS49 ISIN: ZAG000081787 Bond Code: FRS64 ISIN: ZAG000092529 Bond Code: FRS103 ISIN: ZAG000111840 Bond Code: FRS175 ISIN: ZAG000149451 Bond Code: FRS176 ISIN: ZAG000149444 Bond Code: FRX25 ISIN: ZAG000152828 Bond Code: FRX28 ISIN: ZAG000152836 (FRB) INTEREST PAYMENT NOTIFICATIONS Noteholders are advised of the following interest payment due 20 January 2020: Bond code: FRC250 ISIN: ZAG000135559 Coupon: 15.225% Interest period: 21 October 2019 to 19 January 2020 Interest amount due: ZAR 1 526 230.26 Payment date: 20 January 2020 Date Convention: Modified Following Business Day Noteholders are advised of the following interest payment due 23 January 2020: Bond code: FRS103 ISIN: ZAG000111840 Coupon: 7.975% Interest period: 23 October 2019 to 22 January 2020 Interest amount due: ZAR 2 225 221.64 Payment date: 23 January 2020 Date Convention: Modified Following Business Day Noteholders are advised of the following interest payment due 24 January 2020: Bond code: FRC321 ISIN: ZAG000163759 Coupon: 8.775% Interest period: 24 October 2019 to 23 January 2020 Interest amount due: ZAR 1 105 890.40 Payment date: 24 January 2020 Date Convention: Modified Following Business Day Noteholders are advised of the following interest payments due 27 January 2020: Bond code: FRC283 ISIN: ZAG000154394 Coupon: 11.233% Interest period: 28 October 2019 to 26 January 2020 Interest amount due: ZAR 1 400 278.08 Date Convention: Modified Following Business Day Bond code: FRS49 ISIN: ZAG000081787 Coupon: 8.483% Interest period: 28 October 2019 to 26 January 2020 Interest amount due: ZAR 1 966 893.95 Date Convention: Modified Following Business Day Bond code: FRS64 ISIN: ZAG000092529 Interest rate: 2.000% Rate for the period: 1.000% Base CPI (rebased): 75.49856 Reference CPI: 113.4 Applicable formula: (Aggregate Nominal Amount x CPI Adjustment x Interest Rate) / 2, all definitions used in this calculation as per the pricing supplement Interest amount due: ZAR 1 502 015.47 Date Convention: Modified Following Business Day URL: https://www.firstrand.co.za/investors/debt-investor-centre/jse-listed- instruments/ Bond code: FRX25 ISIN: ZAG000152828 Coupon: 9.750% Interest amount due: ZAR 32 321 250.00 Date Convention: Following Business Day Bond code: FRX28 ISIN: ZAG000152836 Coupon: 10.120% Interest amount due: ZAR 7 084 000.00 Date Convention: Following Business Day Payment date: 27 January 2020 Bondholders are advised that there will be no coupons paid on 27 January 2020 on the following notes as the EURIBOR rate is negative and below the strike rate: Bond code: FRS175 ISIN: ZAG000149451 Bond code: FRS176 ISIN: ZAG000149444 13 January 2020 Debt Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Think Precinct, 1 Merchant Place Cnr Fredman Drive & Rivonia Road Sandton 2196, South Africa P O Box 786273, Sandton, 2146, South Africa Date: 13-01-2020 01:20:00 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.