SHPIHG - Notice of rebate INVESTEC BANK LIMITED NOTICE OF REBATE Share Shoprite Holdings Limited Strike Price R106.70 Stop-Loss Level R121.00 Expiry Date 2015/02/27 Cover Ratio 1:1 Call/Put Call Style American Issue Size 600,000 JSE Code ZAE000188819 Investec Bank Limited, as Issuers of the above SHPIHG Hot Enhanced Distribution Security (HOT EDS), advised Holders that the abovementioned Hot Enhanced Distribution Security (HOT EDS) expired on 27 February 2015. The Rebate Payment, represented by the number of HOT EDS held on the expiry date, multiplied by the excess of the simple average of the Volume Weighted Average Price (“VWAP”) of the Underlying Share over the two Business Days following the Expiration Date over the Exercise Price (Strike Price) of R106.70 This amount will automatically accrue to holders via instruction through STRATE. The VWAP on, 2 March 2015 = 16560.7227 cents The VWAP on, 3 March 2015 = 16647.1172 cents The simple average of the 2 day VWAP = 16603.91995 cents Holders will receive 5933.91995 cents for every warrant held. 4 March 2015 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.investecwarrants.com Sponsor Investec Securities (Pty) Ltd Member of the JSE Registration number. 1972/008905/07) Date: 04/03/2015 03:14:00 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.