BILIHN - Notice of Rebate INVESTEC BANK LIMITED NOTICE OF REBATE FOR HOT ENHANCED DIVIDEND BILIHN Share BHP Billiton Plc Strike Price R195.00 Stop-Loss Level R221.00 Expiry Date 2016/02/05 Cover Ratio 1:1 Call/Put Call Style American Issue Size 700 000 JSE Code BILIHN ISIN Code ZAE000201455 Investec Bank Limited, as Issuers of the above BILIHN, Hot Enhanced Distribution Security (HOT EDS), advised Holders that due to the breach of the stop loss level of R221.00 in the Underlying Share, as of close of business Friday, 24 July 2015 the abovementioned Hot Enhanced Distribution Security (HOT EDS) had been terminated. The Rebate Payment, represented by the number of HOT EDS held on the termination 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 Termination Date over the Exercise Price (Strike Price) of R195.00 This amount will automatically accrue to holders via instruction through STRATE. The VWAP on, 27 July 2015 = R223.231152 The VWAP on, 28 July 2015 = R223.842070 The simple average of the 2 day VWAP = R223.536611 Holders will receive R28.54 for every warrant held. 29 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.investecwarrants.com Sponsor Investec Securities (Pty) Ltd Member of the JSE Registration number. 1972/008905/07) Date: 29/07/2015 10:59:00 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.