FirstRand - Results of the scheme meeting and the general meeting of
shareholders
FirstRand Limited
Incorporated in the Republic of South Africa
Registration number: 1966/010753/06
JSE share Code: FSR
NSX share code: FST
ISIN: ZAE000014973
(`FirstRand`)
Results of the scheme meeting and the general meeting of shareholders (`general
meeting`) in respect of a 10% Black Economic Empowerment transaction
Shareholders are advised that:
- the scheme of arrangement (`scheme`) proposed by the trustee of the
FirstRand Empowerment Trust and FirstRand Bank Limited in terms of section
311 of the Companies Act, No. 61 of 1973, as amended, between the company
and its shareholders was approved by the requisite majority of shareholders
at the scheme meeting held on Thursday 21 April 2005; and
- all resolutions proposed at the general meeting held on Thursday 21 April
2005 were passed by the requisite majority of shareholders.
The special resolutions passed at the general meeting (`special resolutions`)
have been lodged with the Registrar of Companies for registration. Application
will be made to the High Court of South Africa (Witwatersrand Local Division)
(`Court`), situated at the High Court Building, Von Brandis Square, corner
Pritchard and Von Brandis Streets, Johannesburg on Tuesday 3 May 2005 at 10:00
or so soon thereafter as Counsel may be heard for an Order of Court to sanction
the scheme. It is anticipated that the operative date of the scheme will be
Monday 16 May 2005.
A further announcement regarding the outcome of the application to the Court and
the fulfillment of the remaining conditions precedent to the scheme will be
published in the press on or about Wednesday 4 May 2005.
Sandton
21 April 2005
Merchant bank and joint sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
CORPORATE FINANCE
Sponsor in Namibia
Simonis Storm Securities
Lead Sponsor
PWC Corporate Finance
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