BTIIHD, NPNIHC & REMIHJ - expiry INVESTEC BANK LIMITED EXPIRY OF HOT ENHANCED DIVIDEND SECURITIES 17 JULY 2015 Share BRITISH AMERICAN TOBACCO NASPERS LIMITED Strike Price R494.00 R977.00 Stop-Loss Level R559.00 R1107.00 Expiry Date 17/07/2015 17/07/2015 Cover Ratio 1:1 1:1 Call/Put Call Call Style American American Issue Size 325 000 500 000 JSE Code ZAE000193033 ZAE000193058 Share REMGRO LIMITED Strike price R172.00 Stop- Loss Level R195.00 Cover Ratio 1:1 Call/Put Call Style American Issue Size 340 000 JSE Code ZAE000193066 Investec Bank Limited (“Investec”), as Issuers of the above Hot Enhanced Dividend Securities (HotEDS), hereby reminds holders of their imminent option expiry on 17 July 2015 (see the related securities above). 1. Holders may choose to exercise and pay the Exercise Price (Strike Price) in order to receive the underlying securities on or before 12:00 hours, one business day prior to the Expiry Date. 2. Should holders choose to expire the “Existing” HotEDS they should notify the Investec Equity Derivatives Desk before 12:00 hours, Friday, 13 July 2015. The “Existing” HotEDS will expire at full intrinsic value on the respective expiry date. A cash settlement amount representing the number of HotEDS held on that date multiplied by the excess of the simple average of the Volume Weighted Average Price (“VWAP”) of the Underlying Parcel over the two Business Days following the Expiry Date, over the Exercise Price (Strike Price) will automatically accrue to the holder via instruction through STRATE. 3. Should holders not choose either option 1 or 2, Investec will make arrangement to buy-back the “Existing” Hot EDS and sell the “New” Hot EDS. (The “New” Hot EDS, which will list on Thursday, 9 July 2015). This will be done on an optimal ratio basis, a cash distribution of any difference between the intrinsic value inherent to the “Existing” Hot EDS and the “New” Hot EDS will accrue to the client. Please be advised that should Investec not receive any instruction from holders with regard to the Expiry, the “Existing” HotEDS will expire at full intrinsic value on the respective Expiry Date. A cash settlement amount representing the number of HotEDS held on that date multiplied by the excess of the simple average of the Volume Weighted Average Price (“VWAP”) of the Underlying Parcel over the two Business Days following the Expiry Date, over the Exercise Price (Strike Price) will automatically accrue to the holder via instruction through STRATE . 15 July 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.investec.com Sponsor Investec Securities (Pty) Ltd Member of the JSE Registration number. 1972/008905/07) Date: 15/07/2015 09:58:00 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.