INVESTEC BANK LIMITED - Correction: Interest and Redemption Due To Adverse Market Conditions - IBLUSD

Correction: Interest and Redemption Due To Adverse Market Conditions - IBLUSD

 Investec Bank Limited
 Incorporated in the Republic of South Africa
 Registration number 1969/004763/06
 JSE Share Code: IBLUSD
 ISIN: ZAE000232377
 LEI No: 549300RH5FFHO48FXT69


Investec Bank Limited (the “Company”)
Class IBLUSD senior unsecured inward listed notes (“Notes”)

Correction – Interest and Redemption Due To Adverse Market Conditions

As announced on 05 June 2023, Investec Bank Limited as issuer of the above Notes hereby notifies
Holders of the Notes that;

    •   The Reference Rate applicable to the Notes of “USD LIBOR with a Designated Maturity of 1
        Month” will cease to be published with effect from June 30, 2023.
    •   This constitutes an “Adverse Market Conditions, price source disruption” as defined in the
        Applicable Pricing Supplement for the Notes and entitles the issuer to redeem the Notes in full.
    •   Investec Bank Limited will redeem all the Notes in issue on 23 June 2023

The relevant information relating to the redemption is as follows:
                                          US cents                 ZA cents (using a USD/ZAR
                                                                exchange rate of 19.37640 as at 05
                                                                           June 2023)
 Gross Interest per Note                 295.55849                          5726.85953

 Capital per Note                       10000.00000                        193764.00000

 Total Cash Settlement per              10295.55849                        199490.85953
 Note



 Last day to trade                                                Tuesday, 20 June 2023
 Suspension date                                                Wednesday, 21 June 2023
 Record date                                                       Friday, 23 June 2023
 Payment date                                                      Monday, 26 June 2023
 Termination date                                                 Tuesday, 27 June 2023


Additional information to take note of:
•   The Company’s tax reference number: 9675/053/71/5
•   The Notes in issue in Class IBLUSD of the capital of the Company is 350 000 floating rate Notes

By order of the board

06 June 2023
Johannesburg
Sponsor: Investec Bank Limited

Date: 06-06-2023 03:15:00
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