FRS298 - Notification of a Partial Capital Reduction of Listed Debt Securities

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRS298       ISIN: ZAG000185679
(FRB)

NOTIFICATION OF A PARTIAL CAPITAL REDUCTION OF LISTED DEBT SECURITIES

In accordance with the terms and conditions of FRB's R60 000 000 000.00 note programme dated 29
November 2011, as amended or supplemented from time to time, noteholders are herewith advised of the
partial capital reduction of the FRS298 notes (the notes).

Bond code:                                                     FRS298
ISIN:                                                          ZAG000185679
Nominal amount before reduction:                               R57 500 000.00
Reduction in nominal amount:                                   R25 450 000.00
Nominal amount after reduction:                                R32 050 000.00
Settlement / redemption amount:                                R28 057 279.00, as determined in
                                                               accordance with line item 35 of the pricing
                                                               supplement
Pay date/early redemption date:                                13 November 2023
Record date (for STRATE purposes):                             14 November 2023
Effective date of reduction:                                   15 November 2023

This reduction is due to the repurchase of the notes by FRB, in accordance with the terms and conditions of the
notes.


13 November 2023

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

Date: 13-11-2023 10:45:00
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.