INVESTEC BANK LIMITED - Breached Barrier 2 Day VWAP- GRTIHB

Breached Barrier 2 Day VWAP- GRTIHB

INVESTEC BANK LIMITED – NOTICE OF BARRIER FOR HOT ENHANCED DIVIDEND GRTIHB

Share                              Growthpoint Properties Limited




Strike Price                       R20.00
Stop-Loss Level                    R23.00
Expiry Date                        2014/07/23
Cover Ratio                        1:1

Call/Put                           Call
Style                              American
Issue Size                         1,400,000
JSE Code                           GRTIHB ZAE000180949




Investec Bank Limited, as Issuers of the above GRTIHB, Hot Enhanced Distribution Security (HOT EDS), advised
Holders that due to the breach of the stop loss level of R23.00 in the Underlying Share, as of close of business
Thursday, 22 August 2013 the abovementioned Hot Enhanced Distribution Security (HOT EDS) has been
terminated.

The Rebate Payment, represented by the number of HOT EDS held on the termination date, multiplied by the
excess of the simple average of the Volume Weighted Average Price (“VWAP”) of the Underlying Share over the
two Business Days following the Termination Date over the Exercise Price (Strike Price) of R R20.00 This amount
will automatically accrue to holders via instruction through STRATE.

The VWAP on, 23 August 2013 = R23.2602
The VWAP on, 26 August 2013 = R23.7318
The simple average of the 2 day VWAP = R23.496

Holders will receive R3.496 cents for every warrant held.

27 August 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.investecwarrants.com

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

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