FRII - Notification Of A Partial Capital Reduction And Accrued Interest Payment Of Listed Debt Securities FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration number: 1929/001225/06) Issuer code: FRII Bond code: FRC179 ISIN: ZAG000108168 Bond code: FRC195 ISIN: ZAG000114745 Bond code: FRC207 ISIN: ZAG000117649 Bond code: FRC208 ISIN: ZAG000117656 (FRB) NOTIFICATION OF A PARTIAL CAPITAL REDUCTION AND ACCRUED INTEREST PAYMENT 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, bondholders are herewith advised of the partial capital reduction of the following notes: Bond code: FRC179 ISIN: ZAG000108168 Nominal amount before reduction: ZAR 20 000 000.00 Reduction of nominal amount: ZAR 1 000 000.00 Nominal amount after reduction: ZAR 19 000 000.00 Settlement / redemption amount: ZAR 1 022 000.00 Accrued interest amount: ZAR 11 592.33, included in the settlement amount Annualised interest rate: 10.32% Bond code: FRC195 ISIN: ZAG000114745 Nominal amount before reduction: ZAR 30 000 000.00 Reduction of nominal amount: ZAR 1 000 000.00 Nominal amount after reduction: ZAR 29 000 000.00 Settlement / redemption amount: ZAR 1 031 000.00 Accrued interest amount: ZAR 11 266.58, included in the settlement amount Annualised interest rate: 10.03% Bond code: FRC207 ISIN: ZAG000117649 Nominal amount before reduction: ZAR 17 000 000.00 Reduction of nominal amount: ZAR 1 000 000.00 Nominal amount after reduction: ZAR 16 000 000.00 Settlement / redemption amount: ZAR 1 028 000.00 Accrued interest amount: ZAR 11 401.37, included in the settlement amount Annualised interest rate: 10.15% Bond code: FRC208 ISIN: ZAG000117656 Nominal amount before reduction: ZAR 22 100 000.00 Reduction of nominal amount: ZAR 1 000 000.00 Nominal amount after reduction: ZAR 21 100 000.00 Settlement / redemption amount: ZAR 1 015 000.00 Accrued interest amount: ZAR 10 513.97, included in the settlement amount Annualised interest rate: 9.36% Interest period: 20 March 2019 to 29 April 2019 Pay date pursuant to the repurchase: 30 April 2019 Effective date of the partial capital reduction: 2 May 2019 The partial capital reductions are due to the repurchase of the listed debt securities by FRB. 26 April 2019 Debt Sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited) Date: 26/04/2019 05:40:00 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.