Expiry of eqyity structured products (ESP) - ESPIBS INVESTEC BANK LIMITED EXPIRY OF EQUITY STRUCTURED PRODUCTS (ESP) Index FTSE/JSE Top 40 Index Strike Price 1,000,000 Expiry Date 11/12/2014 Cover Ratio 1:1 Call/Put Put Style European Issue Size 898 JSE Code ESPIBS ZAE000157707 Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of their option expiry which occurred on 11 December 2014 (see the related securities above). The Put Strike Price exceeded the Final Reference Price on the Expiry Date and hence the Put Option expires in the money. As a result thereof, the Issuer will be obliged to pay a cash Premium to the Holders. The Holders’ Underlying Securities will be sold at the equivalent Put Strike Price per Share and a cash amount of R15,000.00 per each ESPIBS’s held shall be settled through STRATE on 19 December 2014. 12 December 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) Limited Member of the JSE Registration number. 1972/008905/07) Date: 12/12/2014 09:39:00 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.