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IV03 - Investec Bank Limited - Notice of Redemption

Release Date: 12/03/2012 14:38
Code(s): JSE
Wrap Text

IV03 - Investec Bank Limited - Notice of Redemption NOTICE: REDEMPTION OF IV03 NOTES UNDER THE INVESTEC BANK LIMITED DOMESTIC MEDIUM TERM NOTE PROGRAMME: 1. We refer to the IV03 Notes, ISIN ZAG000038332 ("the IV03 Notes"), issued in 2007 to the aggregate value of R1 508 000 000 under the Investec Bank Limited ("Investec") Domestic Medium Term Note Programme dated 12 February 2003 ("the Programme Memorandum"). 2. Capitalised terms used in this Notice have the same meaning as defined in the Programme Memorandum. 3. In terms of condition 48 of the Pricing Supplement in respect of the IV03 Notes, Investec is entitled to early redeem all, and not some, of the IV03 Notes on 31 March 2012, subject to the approval of the Registrar of Banks. The approval of the Registrar of Banks was obtained on 6 February 2012. 4. The Issuer, in accordance with Clause 11.3 (Redemption at the Option of the Issuer) and Condition 19 of the Terms and Conditions of the Programme Memorandum, hereby notifies you and the holders of Beneficial Interests in the IV03 Notes that the Issuer will redeem all of the IV03 Notes, on 31 March 2012. 5. Kindly immediately communicate notice of such early redemption to the holders of Beneficial Interest in Notes. For further information on the notes please contact: Saabir Karim, Investec Capital Markets (011) 286 7952 Investec Bank Limited 12 March 2012 Date: 12/03/2012 14:38:25 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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