FIRSTRAND LIMITED - Dealings in securities by directors

Dealings in securities by directors

FirstRand Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1966/010753/06)
ISIN: ZAE 000066304
Share Code: (JSE): FSR
Share Code: (NSX): FST
("FSR" or "FirstRand")

DEALINGS IN SECURITIES BY DIRECTORS

In compliance with the JSE Limited Listings Requirements, the following information in respect of director’s dealings
is disclosed:-

The transactions undertaken by the FirstRand directors relate to awards made under the Bonus Deferral
Conditional Incentive Plan (BCIP) and Conditional Incentive Plan (CIP), which have now vested. The restrictions
were lifted on 16 September 2019.

1.Mr Pullinger has elected to apply the cash awards vested under the BCIP and CIP net of tax to acquire FirstRand
shares at the prevailing market price.
2. Mr Kellan has elected to apply the cash awards vested under the BCIP and CIP net of tax to acquire FirstRand
shares at the prevailing market price.
3. Mr Burger has elected to apply the cash awards vested under the BCIP and CIP and to utilise the entire amount
to acquire FirstRand shares at the prevailing market price. He has elected to settle the tax liability separately.

                                                     (1)

Director                                              :      Alan Patrick Pullinger
Company                                               :      FirstRand Limited
Date of transaction                                   :      16 September 2019
Nature of transaction                                 :      On-market purchase of FSR ordinary shares
Class of securities                                   :      Ordinary shares in terms of CIP
Purchase price                                        :      R65.19980
Number of ordinary shares purchased                   :      169 482
Total value of shares purchased                       :      R11 050 192.50
Nature of interest                                    :      Direct beneficial
Clearance obtained                                    :      Yes

Director                                              :      Alan Patrick Pullinger
Company                                               :      FirstRand Limited
Date of transaction                                   :      16 September 2019
Nature of transaction                                 :      On-market purchase of FSR ordinary shares
Class of securities                                   :      Ordinary shares in terms of BCIP
Purchase price                                        :      R65.19980
Number of ordinary shares purchased                   :      109 553
Total value of shares purchased                       :      R7 142 833.69
Nature of interest                                    :      Direct beneficial
Clearance obtained                                    :      Yes

                                                     (2) 

Director                                              :      Hetash Surendrakumar Kellan
Company                                               :      FirstRand Limited
Date of transaction                                   :      16 September 2019
Nature of transaction                                 :      On-market purchase of FSR ordinary shares
Class of securities                                   :      Ordinary shares in terms of CIP
Purchase price                                        :      R65.19980
Number of ordinary shares purchased                   :      99 627
Total value of shares purchased                       :      R6 495 660.48
Nature of interest                                    :      Direct beneficial
Clearance obtained                                    :      Yes

Director                                              :      Hetash Surendrakumar Kellan
Company                                               :      FirstRand Limited
Date of transaction                                   :      16 September 2019
Nature of transaction                                 :      On-market purchase of FSR ordinary shares
Class of securities                                   :      Ordinary shares in terms of BCIP
Purchase price                                        :      R65.19980
Number of ordinary shares purchased                   :      37 088
Total value of shares purchased                       :      R2 418 130.18
Nature of interest                                    :      Direct beneficial
Clearance obtained                                    :      Yes

                                                     (3)

Director                                              :      Johan Petrus Burger
Company                                               :      FirstRand Limited
Date of transaction                                   :      16 September 2019
Nature of transaction                                 :      On-market purchase of FSR ordinary shares
Class of securities                                   :      Ordinary shares in terms of CIP
Purchase price                                        :      R65.19980
Number of ordinary shares purchased                   :      386 502
Total value of shares purchased                       :      R25 199 853.10
Nature of interest                                    :      Direct beneficial
Clearance obtained                                    :      Yes

Director                                              :      Johan Petrus Burger
Company                                               :      FirstRand Limited
Date of transaction                                   :      16 September 2019
Nature of transaction                                 :      On-market purchase of FSR ordinary shares
Class of securities                                   :      Ordinary shares in terms of BCIP
Purchase price                                        :      R65.19980
Number of ordinary shares purchased                   :      246 908
Total value of shares purchased                       :      R16 098 352.22
Nature of interest                                    :      Direct beneficial
Clearance obtained                                    :      Yes

Sandton
20 September 2019

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 20/09/2019 03:00:00
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