INVESTEC BANK LIMITED - Expiry Announcement- BILIDJ, SOLIDJ, TONIDI

Expiry Announcement- BILIDJ, SOLIDJ, TONIDI

INVESTEC BANK LIMITED - EXPIRY OF ENHANCED DIVIDEND SECURITIES 8 FEBRUARY 2013


Share                                 BHP Billiton Plc                         Sasol Limited



Strike Price                          R145.00                                  R220.00
Stop-Loss Level                       R198.00                                  R300.00
Expiry Date                           08/02/2013                               08/02/2013
Cover Ratio                           1:1                                      1:1

Call/Put                              Call                                     Call
Style                                 American                                 American
Issue Size                            1,200,000                                600,000
JSE Code                              BILIDJ ZAE000164281                      SOLIDJ ZAE000164299


Share                                  Tongaat Hulett Limited



Strike Price                           R57.00
Stop-Loss Level                        R78.00
Expiry Date                            08/02/2013
Cover Ratio                            1:1

Call/Put                               Call
Style                                  American
Issue Size                             27,000
JSE Code                               TONIDI ZAE000164307



Investec Bank Limited (“Investec”), as Issuers of the above Enhanced Dividend Securities (EDS), hereby reminds
holders of their imminent option expiry on 8 February 2013 (see the related securities above).

1.             Holders may choose to exercise and pay the Exercise Price (Strike Price) in order to receive the
               underlying securities on or before 12:00 hours, one business day prior to the Expiry Date.

2.             Should holders choose to expire the “Existing” EDS they should notify the Investec Equity Derivatives Desk
               before 12:00 hours, Monday, 4 February 2013. The “Existing” EDS will expire at full intrinsic value on the
               respective expiry date. A cash settlement amount representing the number of EDS held on that date
               multiplied by the excess of the simple average of the Volume Weighted Average Price (“VWAP”) of the
               Underlying Parcel over the two Business Days following the Expiry Date, over the Exercise Price (Strike
               Price) will automatically accrue to the holder via instruction through STRATE.

Please be advised that should Investec not receive any instruction from holders with regard to the Expiry, the “Existing”
EDS will expire at full intrinsic value on the respective expiry date. A cash settlement amount representing the number
of EDS held on that date multiplied by the excess of the simple average of the Volume Weighted Average Price
(“VWAP”) of the Underlying Parcel over the two Business Days following the Expiry Date, over the Exercise Price
(Strike Price) will automatically accrue to the holder via instruction through STRATE.



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.: 011 286-4672
         E-mail: warrants@investec.co.za
         Internet: www.investec.com

Sponsor
          Investec Securities Limited
          Member of the JSE
          Registration number. 1972/008905/06)

Date: 25/01/2013 11:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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