Expiry of Equity Structured Products (ESP) - ESPIBR INVESTEC BANK LIMITED EXPIRY OF EQUITY STRUCTURED PRODUCTS (ESP) Share db-x trackers MSCI USA Index ETF Strike Price 1448.2259 Expiry Date 23/04/2014 Cover Ratio 1:1 Call/Put Put Style European Issue Size 10,816 JSE Code ESPIBR ZAE000156279 Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of their imminent option expiry on 23 April 2014 (see the related securities above). In the event that the Put Strike Price of the Put exceeds the Final Reference Price on the Expiry Date, the Put Option will be automatically exercised and the Holders will sell the Holder Underlying Securities to the Issuer, and the Put Strike Price will automatically accrue to the Holder via instruction through STRATE on 02 May 2014. In the event that the Final Reference Price exceeds the Put Strike Price on the Expiry Date the Put Option shall expire out of the money, and Holders will be obliged to pay the Premium to the Issuer. The Issuer will sell so many of the Holder Underlying Securities required to settle the Premium and the Holder will then be entitled to delivery of the balance of the Holder Underlying Securities, through STRATE on 02 May 2014. Each Holder may elect and request the Issuer to utilize the abovementioned settlement amount to reinvest into a new quantity of ESPs (“the new ESP”). The terms and conditions of the new ESP series will be governed by a new Pricing Supplement. Investec will, if so elected by the Holder, settle any amount due to Holder pursuant to the expiry of the existing ESPs by allocation of new ESPs which will be listed on 02 May 2014. Holders of ESPIBR will be notified on Friday, 24 April 2014, and to the extent applicable, the number of new ESPs that will be allocated per each ESPIBR. 15 April 2014 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 (Pty) Ltd Member of the JSE Registration number. 1972/008905/07) Date: 15/04/2014 04:04:00 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.