Dealings in securities by directors FirstRand Limited (Incorporated in the Republic of South Africa) (Registration number: 1966/010753/06) ISIN: ZAE 000066304 Share Code: (JSE): FSR Share Code: (NSX): FST ("FSR" or "FirstRand") DEALINGS IN SECURITIES BY DIRECTORS In compliance with the JSE Limited Listings Requirements, the following information in respect of director’s dealings is disclosed:- The transactions undertaken by the FirstRand directors relate to awards made under the Bonus Deferral Conditional Incentive Plan (BCIP) and Conditional Incentive Plan (CIP), which have now vested. The restrictions were lifted on 16 September 2019. 1.Mr Pullinger has elected to apply the cash awards vested under the BCIP and CIP net of tax to acquire FirstRand shares at the prevailing market price. 2. Mr Kellan has elected to apply the cash awards vested under the BCIP and CIP net of tax to acquire FirstRand shares at the prevailing market price. 3. Mr Burger has elected to apply the cash awards vested under the BCIP and CIP and to utilise the entire amount to acquire FirstRand shares at the prevailing market price. He has elected to settle the tax liability separately. (1) Director : Alan Patrick Pullinger Company : FirstRand Limited Date of transaction : 16 September 2019 Nature of transaction : On-market purchase of FSR ordinary shares Class of securities : Ordinary shares in terms of CIP Purchase price : R65.19980 Number of ordinary shares purchased : 169 482 Total value of shares purchased : R11 050 192.50 Nature of interest : Direct beneficial Clearance obtained : Yes Director : Alan Patrick Pullinger Company : FirstRand Limited Date of transaction : 16 September 2019 Nature of transaction : On-market purchase of FSR ordinary shares Class of securities : Ordinary shares in terms of BCIP Purchase price : R65.19980 Number of ordinary shares purchased : 109 553 Total value of shares purchased : R7 142 833.69 Nature of interest : Direct beneficial Clearance obtained : Yes (2) Director : Hetash Surendrakumar Kellan Company : FirstRand Limited Date of transaction : 16 September 2019 Nature of transaction : On-market purchase of FSR ordinary shares Class of securities : Ordinary shares in terms of CIP Purchase price : R65.19980 Number of ordinary shares purchased : 99 627 Total value of shares purchased : R6 495 660.48 Nature of interest : Direct beneficial Clearance obtained : Yes Director : Hetash Surendrakumar Kellan Company : FirstRand Limited Date of transaction : 16 September 2019 Nature of transaction : On-market purchase of FSR ordinary shares Class of securities : Ordinary shares in terms of BCIP Purchase price : R65.19980 Number of ordinary shares purchased : 37 088 Total value of shares purchased : R2 418 130.18 Nature of interest : Direct beneficial Clearance obtained : Yes (3) Director : Johan Petrus Burger Company : FirstRand Limited Date of transaction : 16 September 2019 Nature of transaction : On-market purchase of FSR ordinary shares Class of securities : Ordinary shares in terms of CIP Purchase price : R65.19980 Number of ordinary shares purchased : 386 502 Total value of shares purchased : R25 199 853.10 Nature of interest : Direct beneficial Clearance obtained : Yes Director : Johan Petrus Burger Company : FirstRand Limited Date of transaction : 16 September 2019 Nature of transaction : On-market purchase of FSR ordinary shares Class of securities : Ordinary shares in terms of BCIP Purchase price : R65.19980 Number of ordinary shares purchased : 246 908 Total value of shares purchased : R16 098 352.22 Nature of interest : Direct beneficial Clearance obtained : Yes Sandton 20 September 2019 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 20/09/2019 03:00:00 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.