Final preference share dividend and redemption announcement Investec Limited Investec plc Incorporated in the Republic of South Africa Incorporated in England and Wales Registration number 1925/002833/06 Registration number 3633621 JSE share code: ILRP1 LSE share code: INVP ISIN: ZAE000183216 JSE share code: INP JSE ordinary share code: INL ISIN: GB00B17BBQ50 NSX ordinary share code: IVD BSE ordinary share code: INVESTEC ISIN: ZAE000081949 INVESTEC LIMITED Final preference share dividend and redemption announcement Class ILRP1 redeemable, cumulative non-participating preference shares (“Preference Shares”) Notice is hereby given that 333 863 Preference Shares, constituting all the issued preference shares in this class, will be redeemed on 20 March 2017, pursuant to clause 24 of the Applicable Pricing Supplement of the Preference Shares. The redemption will take place at an amount of 101 251.24352 cents per Preference Share being a return of capital of 100 000 cents per Preference Share plus accrued dividends in respect of the period from and including 01 January 2017 to and including, 19 March 2017, which amounts to 1 251.24352 cents per Preference Share. Declaration of final dividend The final preference dividend has been declared from income reserves for the period 01 January 2017 to 19 March 2017 amounting to a gross preference dividend of 1 251.24352 cents per share payable to holders of the Class ILRP1 redeemable non-participating preference shares as recorded in the books of the company at the close of business on Friday, 17 March 2017. The relevant dates relating to the payment of the final dividend and the redemption are as follows: Last day to trade cum-dividend Tuesday, 14 March 2017 Shares commence trading ex-dividend Wednesday, 15 March 2017 Record date Friday, 17 March 2017 Payment date Monday, 20 March 2017 Share certificates may not be dematerialised or rematerialised between Wednesday, 15 March 2017 and Friday, 17 March 2017, both dates inclusive. Additional information to take note of: - The Investec Limited company tax reference number: 9800/181/71/2 - The issued class ILRP1 preference share capital of Investec Limited is 333 863 preference shares - The dividend paid by Investec Limited is subject to South African Dividend Tax (Dividend Tax) of 20% (subject to any available exemptions or reductions in terms of Double Tax Agreements as legislated) equal to 250.24870 cents per share - The net dividend amounts to 1 000.99482 cents per preference share for shareholders liable to pay the Dividend Tax and 1 251.24352 cents per preference share for preference shareholders exempt from paying the dividend tax. Salient features of the redemption of the 333 863 Preference Shares are listed below: Issuer Investec Limited Instrument Redeemable cumulative non- participating preference shares Redemption date 20 March 2017 Number of shares redeemed 333 863 Number of shares outstanding Nil post this redemption JSE Share Code ILRP1 ISIN ZAE000183216 28 February 2017 Johannesburg Sponsor: Investec Bank Limited Date: 28/02/2017 01:00:00 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.