BIFR1 - FirstRand Bank Limited - Interest Rate Res2 May 2012
JSE
FR1                                                                             
BIFR1 - FirstRand Bank Limited - Interest Rate Reset announcement               
FirstRand Bank Limited                                                          
(Incorporated in the Republic of South Africa)                                  
(Registration No. 1929/001225/06)                                               
Company code: BIFR1                                                             
("FRB")                                                                         
INTEREST RATE RESET ANNOUNCEMENT                                                
FRS61          8.300% p.a. (270bps over 3 month Jibar of 5.600%)                
              for the period 02 May 2012 to 01 August 2012,                     
              payable on 02 August 2012 (Modified Following*)                   
              Next reset: 02 August 2012                                        
JIBAR rates as at 02 May 2012: 3 Month 5.600%                                   
*When the Interest Payment Date falls on a non business day one of the          
following Date Convention will be applied, as specified for each individual     
bond:                                                                           
1.   Following - This means that the interest will be paid on the first         
    business day after the weekend or public holiday.                           
2.   Modified Following - This means that the interest will be paid on the      
    first business day after the weekend or public holiday. However, if the     
first business day after the weekend or public holiday falls in a new       
    calendar month the last business day before the weekend / public            
    holiday will be used instead.                                               
3.   Preceding - This means that the interest will be paid on the last          
business day before the weekend or public holiday.                          
02 May 2012                                                                     
Debt Sponsor                                                                    
Rand Merchant Bank (A division of FirstRand Bank Limited)                       
Date: 02/05/2012 12:26:16 Produced by the JSE SENS Department.                  
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