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New Instrument Listing - FRC155

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Company code: BIFR1


The JSE Limited has granted FirstRand Bank Limited the listing of
its FRC155 Credit Linked Notes, in terms of its ZAR30,000,000,000
Note Programme dated 29 November 2011.

INSTRUMENT TYPE:      Credit Linked Notes
Total Notes in Issue:         R3,191,225,000.00

Instrument Code:              FRC155
Nominal Issued:               R44,000,000.00
Issue Price:                  100%
Interest Rate:                10.144% (3 month Jibar as at 23 October
                              2012 of 5.094% plus 505 basis points)
Coupon Rate Indicator:        Credit Linked
Issue Date:     22 November 2012
Interest Commencement Date:   22 November 2012
First Interest Date:          20 December 2012
Maturity Date:                20 December 2017
Last day to Register:         By 17:00 on 14 March, 14 June, 14
                              September and 14 December in each year
                              until the Maturity Date
Books Close:                  15 March, 15 June, 15 September and
                              15 December in each year until the
                              Maturity Date
Interest Payment Date:        20 March, 20 June, 20 September and
                              20 December in each year until the
                              Maturity Date
ISIN:                         ZAG000101643
Business Day Convention:      Modified Following Business Day

The Notes will be immobilised in the Central Depository ("CSD") and
settlement will take place electronically in terms of JSE Rules.

This note has been privately placed by FirstRand Bank Limited. Any
prospective purchaser of the note should contact FirstRand Bank
Limited for details of the terms of the note.      In this regard,
prospective purchasers should be aware that:
1. The note issued is subject to the terms and conditions of the
pricing supplement agreed between the Issuer and the subscriber(s)
for the note and the Terms and Conditions of the Notes as set out in
the Programme Memorandum dated 29 November 2011 in respect of the
Issuer's Note Programme;

2. The performance of each note issued is linked to the performance
of an underlying third party entity and/or obligationstipulated in
the pricing supplement in respect of the note and accordingly, as
the prospective purchaser will assume credit exposure to both the
Issuer and such entity and/or obligation, the note is only suitable
for purchase by financially sophisticated investors after conducting
all relevant independent investigations. The risks pertaining to
credit-linked notes generally are more fully set out in the
Programme Memorandum. Copies of the Programme Memorandum are
available from the Issuer.

27 November 2012

Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

Date: 27/11/2012 07:05:00 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.

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