Notice of rebate for Hot Enhanced Dividend TRUIHA INVESTEC BANK LIMITED NOTICE OF REBATE FOR HOT ENHANCED DIVIDEND TRUIHA Share Truworths International Limited Strike Price R69.00 Stop-Loss Level R78.00 Expiry Date 2016/08/31 Cover Ratio 1:1 Call/Put Call Style American Issue Size 500,000 JSE Code TRUIHA ISIN Code ZAE000208849 Investec Bank Limited, as Issuers of the TRUIHA Hot Enhanced Dividend Security (HOTEDs), advises holders that due to the breach of the stop loss level of R78.00 in the Underlying Share, as of close of business on Wednesday, 31 August 2016 the abovementioned HOTED was terminated. The breach occurred on the Expiry Date of the TRUIHA Hot Enhanced Dividend Security. 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 R69.00 This amount will automatically accrue to holders via instruction through STRATE. The VWAP on, 01 September 2016 = R74.483730 The VWAP on, 02 September 2016 = R76.405176 The simple average of the 2 day VWAP = R75.4444 Holders will receive R6.4444 for every warrant held. 05 September 2016 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.co.za Sponsor Investec Securities (Pty) Ltd Member of the JSE Registration number. 1972/008905/07) Date: 05/09/2016 11:31:00 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.