SXEIIA- Adjustment to the Issue Size INVESTEC BANK LIMITED ADJUSTMENT TO THE ISSUE SIZE OF SXEIIA- AUTOCALL INDEX WARRANTS PRODUCT Reference Index Eurostoxx 50 Strike Price 3,056.29 Expiry Date 09/11/2021 Cover Ratio 1:1 Call/Put Other Style European Initial Issue Size 110,000,000 Adjusted Issue Size 105,000 JSE Code SXEIIA ISIN Code ZAE000234332 Holders of the SXEIIA are advised that an adjustment has been made to decrease the issue size to 105,000. This adjustment will be effective from Thursday 9 February 2017. The warrant is exercisable only in accordance with the terms and conditions as set out in the relevant offering circular. Date: 13 February 2017 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: 13/02/2017 02:51:00 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.