INVESTEC BANK LIMITED - SXEIIJ - Expiry announcement

SXEIIJ - Expiry announcement

INVESTEC BANK LIMITED


 Reference Index                      EUROSTOXX50 ® Index

 Initial Index Level                  3 305.30

 Expiry Date                          09 October 2023

 Exercise Date                        09 October 2019

 Cover Ratio                          1:1

 Call/Put                             Call

 Style                                Bermudan

 Issue Size                           107,500

 ISIN Code                            ZAE000263869

 JSE Code                             SXEIIJ


CORRECTION ANNOUNCEMENT- EXPIRY OF SXEIIJ AUTOCALL NOTES (AUTOCALLS) - 09 OCTOBER 2019

Please refer to SENS announcements dated 03 October 2019 and 09 October 2019.

Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the automatic
option expiry on 09 October 2019 (see the related securities above).

On 09 October 2019 (the Valuation and Exercise Date), the conditions for early redemption were met, therefore the
Autocalls were automatically exercised and expired on the 09 October 2019. The Holders are entitled to a Cash
Settlement Amount determined as follows:

Reference amount x 122.75%
Reference Amount = ZAR 1,000.00

Holders will receive a Cash Settlement Amount of ZAR 1,227.50 for every Autocall held. The Cash Settlement Amount
per Autocall will automatically accrue to the Holder via STRATE on 15 October 2019.

Initial Index Level                  3,305.30
Final Index Level                    3,462.11
Expiry Price                         R1,227.50
Last date to trade                   Monday, 07 October 2019
Ex date                              Tuesday, 8 October 2019
Record date                          Thursday, 10 October 2019
Payment/Redemption Date              Tuesday, 15 October 2019
Termination date                     Wednesday, 16 October 2019

The suspension of SXEIIJ was effected on Thursday, 10 October 2019.

Date: 11 October 2019

Copies of Warrant issue documentation can be located on:
        Internet: www.investecwarrants.com

Place and Date of Incorporation of the Issuer:
        Incorporated in the Republic of South Africa
        Registration Number: 1969/004763/06
        Date of Incorporation: 31 March 1969


For further information kindly contact:
         Investec Financial Products
        Tel.: +27 11 286 9663
        E-mail: FPRetail@investec.co.za

Sponsor:
        Investec Securities (Pty) Limited
        Member of the JSE
        Registration Number: 1972/008905/07

Date: 11/10/2019 12:23:00
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