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Thu 1 Mar 2007, 10:23 FSRP/ FSPP - FirstRand - Proposed taxation amendme
FSR   FSRP  FSPP
 FSR                                                                             
FSRP/ FSPP - FirstRand - Proposed taxation amendments and the effect thereof    
on the non-cumulative non-redeemable preference shares issued by Firstrand      
FirstRand Limited                                                               
(Incorporated in the Republic of South Africa)                                  
Registration number: 1966/010753/06                                             
B Preference share code: FSRP    ISIN: ZAE000060141                             
B1 Preference share code:     FSPP    ISIN: ZAE000070900                        
("FirstRand" or "the Company")                                                  
PROPOSED TAXATION AMENDMENTS AND THE EFFECT THEREOF ON THE NON-CUMULATIVE NON-  
REDEEMABLE PREFERENCE SHARES ISSUED BY FIRSTRAND                                
Further to the announcement released on SENS on 27 February 2007, FirstRand     
would like to clarify that, once the legislation and its impact on all parties  
has been finalised, FirstRand will request the necessary approvals from its     
shareholders and Board regarding compensation to the B and B1 preference        
shareholders for the proposed dividend tax.                                     
A further announcement will be made once the legislation is promulgated.        
Sandton                                                                         
1 March 2007                                                                    
Sponsor                                                                         
Rand Merchant Bank (A division of FirstRand Bank Limited)                       
Date: 01/03/2007 10:23:05 Produced by the JSE SENS Department.
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