FRC66 - Notification of a Partial Capital Reduction and Accrued Interest Payment FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration number: 1929/001225/06) Issuer code: FRII Bond code: FRC66 ISIN: ZAG000088485 (FRB) NOTIFICATION OF A PARTIAL CAPITAL REDUCTION AND ACCRUED INTEREST PAYMENT In accordance with the terms and conditions of FRB’s ZAR 30 000 000 000 note programme dated 29 November 2011, bondholders are herewith advised of the partial capital reduction of the FRC66 notes and the accrued interest paid thereon. Bond code: FRC66 ISIN: ZAG000088485 Effective date: 15 October 2018 Nominal amount before reduction: ZAR 94 000 000.00 Reduction of nominal amount: ZAR 66 350 000.00 Nominal amount after reduction: ZAR 27 650 000.00 Settlement amount: ZAR 96,240,675.00 Accrued interest amount: ZAR 585 757.61, included in the settlement amount Annualised interest rate: 4.50% nacs Interest rate for the relevant interest period: 2.25% Interest period: 31 July 2018 to 14 October 2018 Calculation of interest amount: (Nominal Amount * CPI Adjustment * Yield) / 2, all definitions used in this calculation as per the pricing supplement URL to the pricing supplement: https://www.firstrand.co.za/InvestorCentre/Pages/debt-programmes.aspx The partial capital reduction is due to the repurchase of the listed debt securities by the issuer. 11 October 2018 Debt Sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited) Date: 11/10/2018 04:28:00 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.
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