INVESTEC BANK LIMITED - Adjustment to the Exercise Price

Adjustment to the Exercise Price

INVESTEC WARRANTS


ADJUSTMENT TO STRIKE PRICES ANNOUNCEMENT ON VARIABLE STRIKE WARRANTS


 Investec Variable Strike Warrants: Adjustment to the Exercise Price as of 1 September 2022



                              Adjusted Exercise
                               Price per Share
                                                         Expiry   Cover
            Share             (cents) (Previous                            Call/Put     Style     JSE Code
                                                          Date    Ratio
                              Exercise Price in
                                  brackets)




            Growthpoint
                              1558.14 (previously                                                  GRTIVE
            Properties                               15/03/2028     1:1      Call     European
                                   1585.79)                                                      ZAE000179065
            Limited




            Redefine
                              519.02 (previously                                                   RDFIVD
            Properties                               21/05/2024     1:1      Call     European
                                  569.292)                                                       ZAE000179073
            Limited




As a result of the Recalculation based on the Dividend Distributions an adjustment has been made to the exercise
prices of the above-mentioned Variable Strike warrants. These adjustments are effective from 1 September 2022.
The warrants are exercisable only in accordance with the terms and conditions as set out in the relevant offering
circular.

5 September 2022

 Copies of the offering circular may be obtained from:
         Investec Bank Limited
         100 Grayston Drive
         Sandown
         Sandton
         2196

 For further information contact:
          Investec Warrants
          Tel.: 0860 103 343
          E-mail: warrants@investec.co.za
          Internet: www.investecwarrants.com

 Sponsor
           Investec Bank Limited
           Member of the JSE
           (Registration number: 1969/004763/06)

Date: 05-09-2022 10:05:00
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.