DCCUSD - Dollar Custodial Certificates Distribution: 
FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
Alpha code: DCCUSD
ISIN: ZAE000234977
(FRB or the Issuer)

DOLLAR CUSTODIAL CERTIFICATES DISTRIBUTION

Notice is hereby given that the FRB will pay a cash distribution to the holders of the dollar custodial
certificates listed on the exchange traded funds sector of the JSE Limited (DCCUSD) in the amount of
R10.325 (1032.5 cents) per DCCUSD unit.

For purposes of clarity, kindly note that the distribution will be marked as interest in accordance with the
JSE's payment infrastructure. Investors are advised that no lending relationship exists between themselves
and the Issuer. See clause 12 of the Offering Circular dated 6 January 2017.

The salient dates for the payment will be as follows:

Last day to trade to receive the payment                                     Tuesday, 10 December 2019
Shares commence trading "ex" the payment on                                Wednesday, 11 December 2019
Record date                                                                   Friday, 13 December 2019
Payment date                                                                 Tuesday, 17 December 2019

The DCCUSD certificates may not be dematerialised or rematerialised between Wednesday,11 December
2019 and Friday,13 December 2019, both days inclusive.

Local dividend tax of 20% is not applicable to the payment amount.

The payment has been calculated with reference to interest received by FRB from the underlying asset,
being US treasury bills.

FRB had 85 000 DCCUSD units in issue as at the date of receipt of the income on the underlying asset.


Sandton
25 November 2019

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 25-11-2019 08:30:00
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