INVESTEC BANK LIMITED - Expiry announcement with new positions- MTNIHK/ SOLIHK/ VODIHB

Expiry announcement with new positions- MTNIHK/ SOLIHK/ VODIHB

INVESTEC BANK LIMITED

ANNOUNCEMENT TO WARRANT HOLDERS OF THEIR NEW POSITIONS OF THE HOT ENHANCED
DIVIDEND SECURITIES WHICH EXPIRED 23 May 2014

     Share            Old Position     Old Price   Old Strike     New Position     Price       New        Conversion    Cash per
                                                                                              Strike         Ratio        ratio
                                                                                                          (Old : New)

   MTN Group           MTNIHJ                       R 129.00        MTNIIHK                                                0
                                        R94.40                                    R68.38     R166.00       1:1.38052
    Limited         ZAE000178778                                  ZAE000191078
                       SOLIHJ                                        SOLIHK
  Sasol Limited                         R293.18     R 308.00                      R187.38    R443.00       1:1.56462       0
                    ZAE000178794                                  ZAE000191086
 Vodacom Group        VODIHA                                        VODIHB
                                        R42.30          R 83.00                   R34.98      R96.00       1:1.20926       0
    Limited         ZAE000178802                                  ZAE000191094


Investec Bank Limited, as Issuers of the above Hot Enhanced Dividend Securities (Hot EDS), would like to inform
warrant holders who rolled their Hot EDS into the “New” series of Hot EDS of the positions in which their securities
closed out on Friday, 23 May 2014 and to inform warrant holders of their new positions.

This has been done on an optimal-ratio basis, with cash distribution equal to the difference between the intrinsic
value inherent to the “Expired” Hot EDS multiplied by the position held on expiry and “New” Hot EDS multiplied by
the new position held.



Date: 26 May 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: 26/05/2014 11:31:00 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.