INVESTEC PROPERTY FUND LIMITED - New Financial Instrument Listing IPF24

New Financial Instrument Listing – IPF24

Investec Property Fund Limited

Approved as a REIT by the JSE

(Incorporated in the Republic of South Africa)

(Registration Number 2008/011366/06)

JSE Code: IPF24

ISIN No:    ZAG000149501

(“Investec Property Fund” or “the Fund”)

New Financial Instrument Listing – IPF24

The JSE Limited has granted a listing to Investec Property Fund
Limited – Issue IPF24 due 05 February 2023 in terms of their DMTN
Programme dated 11 November 2015.



INSTRUMENT TYPE:                 Senior Unsecured Floating Rate Notes

Authorised programme size        R5 000 000 000

Total notes issued(excl)         R2 829 000 000

Bond code                        IPF24

Nominal issued                   R300 000 000

Issue Date                       05 February 2018

Reference Rate                   3 Month Jibar

Margin                           170 bps added to the reference rate

Trade type                       Yield

Maturity date                    05 February 2023

Interest commencement date       05 February 2018

Interest Dates                  5th day of February, May, August and
                                November each year up to Redemption
                                date

Books closed period             from (and including) 31 January (but
                                excluding) 5 February, from (and
                                including) 30 April to (but excluding)
                                5 May, from (and including) 31 July to
                                (but excluding) 5 August and from (and
                                including) 31 October to (but
                                excluding) 5 November in each year
                                until the Redemption Date

Last day to register            30 January, 29 April, 30 July or 30
                                October which shall mean that the
                                Register will be closed from each Last
                                Day to Register to the next applicable
                                Payment Day

ISIN                            ZAG000149501

Dealer                          Investec Bank Limited


The Notes will be immobilized in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.

Date:      05 February 2018

Sponsor:   Investec Bank Limited (“Investec”)

Date: 05/02/2018 04:13:00 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.