FRC467 - Notification of a Partial Capital Reduction of Listed Debt Securities and Accrued Interest Payment

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRC467       ISIN: ZAG000196114
(FRB)

NOTIFICATION OF A PARTIAL CAPITAL REDUCTION OF LISTED DEBT SECURITIES AND ACCRUED
INTEREST PAYMENT

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 FRC467 notes (the notes) and accrued interest payment.

Bond code:                                                     FRC467
ISIN:                                                          ZAG000196114
Nominal amount before reduction:                               R130 000 000.00
Reduction in nominal amount:                                   R60 000 000.00
Nominal amount after reduction:                                R70 000 000.00
Settlement / redemption amount:                                R 60,921,534.00
Pay date/early redemption date:                                15 November 2023
Record date (for STRATE purposes):                             14 November 2023
Effective date of reduction:                                   15 November 2023
Accrued interest amount:                                       ZAR 978 818.63, included in the settlement
                                                               amount
Coupon rate:                                                   10.633%
Interest period:                                               20 September 2023 to 14 November 2023
Pay date / effective date:                                     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 11:20:00
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