FRC490 - Listing of New Financial Instrument

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRC490       ISIN: ZAG000200338
(FRB)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE has granted FRB the listing of its FRC490 senior unsecured unsubordinated notes, in terms of its note
programme (the programme) dated 29 November 2011, as amended from time to time, effective 18 October 2023.

Debt security code:                         FRC490
ISIN:                                       ZAG000200338
Type of debt security:                      Credit linked notes
Nominal issued:                             R 60 000 000.00
Issue date:                                 18 October 2023
Issue price:                                100% of par
Interest commencement date:                 18 October 2023
Coupon rate:                                3 Month JIBAR plus 300 basis points for all interest periods commencing
                                            from the issue date and ending on but excluding 30 November 2028, and
                                            11.97% for all interest periods commencing from 30 November 2028 and
                                            ending on but excluding the maturity
Interest determination date(s):             The first Business Day of each interest period, with the first interest
                                            determination date being the issue date
First interest payment date:                30 November 2023
Interest payment date(s):                   28 February, 31 May, 31 August and 30 November in each year until the
                                            maturity date
Last day to register:                       By 17:00 on 23 February, 26 May, 26 August and 25 November in each
                                            year until the maturity date
Books close:                                24 February, 27 May, 27 August and 26 November in each year until the
                                            maturity date
Business day convention:                    Modified following business day
Maturity date:                              28 February 2035, subject to paragraph 51 of the pricing supplement
Final maturity amount:                      100% of the aggregate nominal amount
Other:                                      The pricing supplement contains additional terms and conditions to the
                                            terms and conditions as contained in the programme
Summary of additional terms:                Please refer to the mixed rate note provision, the cessation of interest,
                                            the reference obligation early redemption event, the early redemption at
                                            the option of the issuer, the early redemption amount and the credit
                                            linked notes provisions as contained in the pricing supplement
Programme amount:                           R 60 000 000 000.00
Total notes in issue under programme:       R 36 365 146 117.47 as at the signature date of the pricing
                                            supplement
Dealer:                                     Rand Merchant Bank, a division of FirstRand Bank Limited




17 October 2023

Debt sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)

Date: 17-10-2023 02:30:00
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