ESPIBQ - Investec Bank Limited - Adjustment to the terms and conditions

ESPIBQ - Investec Bank Limited - Adjustment to the terms and conditions         
INVESTEC BANK LIMITED                                                           
ADJUSTMENT TO THE TERMS AND CONDITIONS OF ESPIBQ- ZAE000153276                  
Investec Equity Structured Products                                             
As a result of the RMB Holdings Limited ("RMBH") corporate action, RMBH will,   
subject to the fulfillment of the condition precedent set out in their          
announcement made on the 15 December 2010, RBMH will unbundle the Rand Merchant 
Insurance Holdings Limited ("RMI") ordinary shares to be listed on 7 March 2011 
to shareholders in the ratio of 1 RMI share for every 1 RMBH ordinary share held
on the record date, 11 March 2011.                                              
The "Holder Underlying Securities" per Specified Amount of ESPIBQ, and the      
Annexures to the 16th Supplement, will therefore be adjusted accordingly to     
incorporate the unbundled RMI ordinary shares, effective from Monday 14 March   
2011.                                                                           
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.: 0860 103 343                                                              
E-mail: warrants@investec.co.za                                                 
Internet: www.investec.com                                                      
Sponsor                                                                         
Investec Securities Limited                                                     
Member of the JSE                                                               
(Registration number. 1972/008905/06)                                           
Date: 25/02/2011 07:32:01 Supplied by www.sharenet.co.za                     
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