INVESTEC BANK LIMITED - Expiry Announcement- STXIHC

Expiry Announcement- STXIHC

INVESTEC BANK LIMITED - EXPIRY OF HOT ENHANCED DIVIDEND SECURITIES 8 FEBRUARY 2013


Share                                 Satrix40



Strike Price                          R22.50
Stop-Loss Level                       R25.50
Expiry Date                           08/02/2013
Cover Ratio                           1:1

Call/Put                              Call
Style                                 American
Issue Size                            405,000
JSE Code                              STXIHC ZAE000164323




Investec Bank Limited (“Investec”), as Issuers of the above Hot Enhanced Dividend Securities (HotEDS), hereby
reminds holders of their imminent option expiry on 8 February 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” HotEDS they should notify the Investec Equity Derivatives
               Desk before 12:00 hours, Monday, 4 February 2013. The “Existing” HotEDS will expire at full intrinsic value
               on the respective expiry date. A cash settlement amount representing the number of HotEDS 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”
HotEDS will expire at full intrinsic value on the respective expiry date. A cash settlement amount representing the
number of HotEDS 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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