IPFIVA - Investec Bank Limited - The issue of variable strike securities

IPFIVA - Investec Bank Limited - The issue of variable strike securities        
INVESTEC BANK LIMITED -THE ISSUE OF VARIABLE STRIKE SECURITIES                  
Investec Variable Strike Securities:  Commencement Date: 14 December 2011       
Share                 Investec Property Fund Limited                            
Strike Price          R5.50                                                     
Expiry Date           2016/07/19                                                
Cover Ratio           1:1                                                       
Call/Put              Call                                                      
Style                 European                                                  
Issue Size            150,000                                                   
JSE Code              IPFIVA ZAE000162939                                       
The JSE Limited ("JSE") has approved the listing of the abovementioned warrants 
and trading will commence on Wednesday, 14 December 2011.  All members of the   
JSE may participate in trading, which will occur according to normal JSE Rules. 
No emigrants or non-residents, both referred to as Restricted Shareholders, may 
participate in the Variable Strike Securities programme.  As the Warrants have  
been dematerialised, settlement will be effected electronically through the     
STRATE system of the JSE and accordingly, certificates evidencing the Warrants  
will not be issued to Holders.                                                  
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.investecwarrants.com                                     
Sponsor                                                                         
Investec Securities Limited                                            
         Member of the JSE                                                      
         Registration number. 1972/008905/06)                                   
Date: 14/12/2011 07:05:31 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.                  
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Bobby Morse / James Strong                                                      
Jenni Newman Public Relations (Proprietary) Limited    +27 (0) 11 506 7351      
Jenni Newman                                                                    
12 December 2011