New Listing - ESPIBT INVESTEC BANK LIMITED ISSUE OF EQUITY STRUCTURED PRODUCTS (ESP) Investec Equity Structured Products (ESP): Commencement Date: 28 April 2015 Reference Fund Investec Wealth & Investment Equity Fund- Registered Collective Investment Scheme Strike Price 16609 cents Expiry Date 13 April 2018 Cover Ratio 1:1 Call/Put Put Style European Issue Size 1000 JSE Code ESPIBT ZAE000204434 The JSE Limited (“JSE”) has approved the listing of the abovementioned warrants and trading will commence on 28 April 2015. All members of the JSE may participate in trading, which will occur according to normal JSE Rules. The “Holder Underlying Securities” in respect of this ESP comprise a basket of Securities, as follows: Shoprite Holdings Limited No emigrants or non-residents, both referred to as restricted shareholders, may participate in the Equity Structured Products programme. As the Warrants have been dematerialised, settlement will be effected electronically through the Strate system of the JSE and accordingly, certificates evidencing the Warrants will not be issued to Holders. Any capitalized terms referred to herein, and not defined, shall bear the meanings ascribed thereto in the Warrant issue documentation. Date: 28 April 2015 Copies of the offering circular may be obtained from: Investec Bank Limited 100 Grayston Drive Sandown Sandton 2196 Copies of Warrant issue documentation can be located on: Internet: www.investecwarrants.com Place and Date of Incorporation of the Issuer: Incorporated in the Republic of South Africa Registration Number: 1969/004763/06 Date of Incorporation: 31 March 1969 For further information kindly contact: Investec Warrants Tel.: 0860 103 343 E-mail: warrants@investec.co.za Sponsor: Investec Securities Proprietary Limited Member of the JSE Registration Number: 1972/008905/07 Date: 28/04/2015 10:21:00 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.