INVESTEC BANK LIMITED - CANCELLATION OF S334428 Expiry Announcement

CANCELLATION OF S334428 Expiry Announcement

INVESTEC BANK LIMITED – ANNOUNCEMENT TO WARRANT HOLDERS OF THEIR NEW POSITIONS OF
THE HOT ENHANCED DIVIDEND SECURITIES WHICH EXPIRED 16 MAY 2013

      Share           Old Position     Old Price         Old     New Position    Price        New        Conversion    Cash per
                                                        Strike                               Strike         Ratio        ratio
                                                                                                         (Old : New)
BHP Billiton Plc        BILIHJ          R106.30    R176.00          BILIHK       R86.58     R210.00        1:1.2278       0
                     ZAE000169413                                ZAE000180923

Compagnie              CFRIHA           R60.14      R33.00         CFRIHB        R28.78     R69.00         1:2.0896       0
Financiore           ZAE000169447                                ZAE000180931
Richmont SA

Growthpoint            GRTIHA            R7.95      R18.00         GRTIHB        R7.15      R20.00         1:1.1119       0
Properties Limited   ZAE000169405                                ZAE000180949

Imperial Holdings       IPLIHD          R69.33      R134.00         IPLIHE       R56.05     R157.00        1:1.2369       0
Limited              ZAE000169421                                ZAE000180956

Naspers Limited        NPNIHA           R461.99     R333.00        NPNIHB       R228.57     R596.00        1:2.0212       0
                     ZAE000169462                                ZAE000180972

Remgro Limited         REMIHH           R79.84      R109.00         REMIHI       R53.49     R145.00        1:1.4926       0
                     ZAE000170387                                ZAE000180980



Investec Bank Limited, as Issuers of the above Hot Enhanced Dividend Securities (Hot EDS), would like to inform
warrant holders who rolled their Hot EDS into the “New” series of Hot EDS of the positions in which their securities
closed out on Thursday, 25 July 2013 and to inform warrant holders of their new positions.

This has been done on an optimal-ratio basis, with cash distribution equal to the difference between the intrinsic
value inherent to the “Expired” Hot EDS multiplied by the position held on expiry and “New” Hot EDS multiplied by
the new position held.

26 July 2013



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 (Pty) Limited
          Member of the JSE
          Registration number. 1972/008905/07)

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