FIRSTRAND : BANK LIMITED - FRS179 - Notification of the Full Capital Reduction of Listed Debt Securities

FIRSTRAND BANK LIMITED - FRS179 - Notification of 2 Jul 2019 FRS179 201907020049A FRS179 - Notification of the Full Capital Reduction of Listed Debt Securities FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration number: 1929/001225/06) Issuer code: FRII Bond code: FRS179 ISIN: ZAG000153321 (FRB) NOTIFICATION OF THE FULL CAPITAL REDUCTION 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, as amended or restated from time to time, bondholders are herewith advised of the full capital reduction of the FRS179 index and currency linked notes. Bond code: FRS179 ISIN: ZAG000153321 Nominal amount before reduction: ZAR 145 000 000.00 Reduction of nominal amount: ZAR 145 000 000.00 Nominal amount after reduction: ZAR 0.00 Early redemption amount: ZAR 150 242 116.00 Calculation of early redemption amount: ILRA = ANA * (1 + 1.29 * MAX{IRA - 1,0)} * (FXFVD / FXFSD)), with FIL used to calculate the IRA at 2924.92 and FXFVD at 14.1550, all definitions used in this calculation as per the pricing supplement Pay date of the repurchase: 4 July 2019 Settlement date of the repurchase: 4 July 2019 Effective date of the reduction in nominal amount: 4 July 2019 Accrued interest amount: ZAR 0.00 Annualised interest rate: 0%, as the note does not pay interest Interest period: Not applicable Interest rate for the relevant interest period: 0%, as the note does not pay interest URL to the pricing supplement: https://www.firstrand.co.za/InvestorCentre/Pages/debt-programmes.aspx The full capital reduction is due to the repurchase of the listed debt securities by FRB. 2 July 2019 Debt Sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited) Date: 02/07/2019 03:30:00 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.