FRBI23 - Listing of Tap Issue FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration number: 1929/001225/06) Issuer code: FRII Bond code: FRBI23 ISIN: ZAG000076498 (FRB) LISTING OF TAP ISSUE The JSE Limited has granted FirstRand Bank Limited an additional listing of senior unsecured fixed rate notes, in terms of its domestic medium term note (DMTN) programme dated 29 November 2011, effective 15 June 2018. Debt security code: FRBI23 ISIN: ZAG000076498 Type of debt security: Fixed rate notes Nominal before issue: ZAR 1 746 630 000.00 Nominal issued: ZAR 3 450 000.00 Nominal after issue: ZAR 1 750 080 000.00 Issue date: 15 June 2018 Issue price: 288.2646% Coupon rate: 5.50% Interest commencement date: 7 June 2018 First interest payment date: 7 December 2018 Interest payment date(s): 7 June and 7 December of each year until maturity Last day to register: By 17:00 on 27 May and 26 November of each year until maturity Books close: 28 May and 27 November of each year until maturity Business day convention: Following Business day Maturity date: 7 December 2023 Final maturity amount: 100% of Principal Amount, adjusted by the CPI Adjustment for the Maturity Date 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 80 000 000 000.00 Total notes in issue under programme: ZAR 70 023 134 778.61, inclusive of all issuances under the FRB DMTN programmes Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited The notes will be immobilised in the Central Securities Depository and settlement will take place electronically in terms of JSE Rules. 14 June 2018 Debt Sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited) Date: 14/06/2018 10:22:00 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.