INVESTEC BANK LIMITED - Expiry notice of barrier put securities (REVS) on 14 JANUARY 2013

Expiry notice of barrier put securities (REVS) on 14 JANUARY 2013

INVESTEC BANK LIMITED – EXPIRY NOTICE OF BARRIER PUT SECURITIES ON 14 JANUARY 2013


Share                                 Anglo American Plc                       Sasol Limited



Strike Price                          R445.00                                  R554.00
Stop-Loss Level                       R371.00                                  R461.00
Expiry Date                           14/01/2013                               14/01/2013
Cover Ratio                           1:1                                      1:1

Call/Put                              Put                                      Put
Style                                 European                                 European
Issue Size                            1,350,000                                700,000
JSE Code                              AGLIRT ZAE000163317                      SOLIRU ZAE000163325




Investec Bank Limited, as Issuers of the above Barrier Put Securities (REVS), hereby reminds holders of their
imminent option expiry on 14 January 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” REVS they should notify the Investec Equity Derivatives
               Desk before 12:00 hours, Monday, 7 January 2013. The “Existing” REVS will expire at full intrinsic value
               on the respective expiry date. A cash settlement amount representing the number of REVS held on that
               date multiplied by the excess of the Exercise Price (Strike Price) over the simple average of the Volume
               Weighted Average Price (“VWAP”) of the Underlying Parcel over the two Business Days following the
               Expiry Date, 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” REVS will expire at full intrinsic value on the respective expiry date. A cash settlement amount
representing the number of REVS 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)

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