INVESTEC BANK LIMITED - Investec Bank Limited - Expiry of enhanced dividend securities 14 January 2013

Investec Bank Limited - Expiry of enhanced dividend securities 14 January 2013

INVESTEC BANK LIMITED - EXPIRY OF ENHANCED DIVIDEND SECURITIES 14 JANUARY 2013



Share                                 MTN Group Limited                        Naspers Limited



Strike Price                          R75.00                                   R194.00
Stop-Loss Level                       R103.00                                  R265.00
Expiry Date                           14/01/2013                               14/01/2013
Cover Ratio                           1:1                                      1:1

Call/Put                              Call                                     Call
Style                                 American                                 American
Issue Size                            2,100,000                                550,000
JSE Code                              MTNIDK ZAE000163283                      NPNIDE ZAE000163291

Investec Bank Limited (“Investec”), as Issuers of the above Enhanced Dividend Securities (EDS), 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” EDS they should notify the Investec Equity Derivatives Desk
               before 12:00 hours, Monday, 7 January 2013. The “Existing” EDS will expire at full intrinsic value on the
               respective expiry date. A cash settlement amount representing the number of EDS 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.

Please be advised that should Investec not receive any instruction from holders with regard to the Expiry, the “Existing”
EDS will expire at full intrinsic value on the respective expiry date. A cash settlement amount representing the number
of EDS 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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