Adjustment to issue size and issue price - FTSIIA INVESTEC BANK LIMITED ADJUSTMENT TO THE ISSUE SIZE AND ISSUE PRICE OF FTSIIA - AUTOCALL INDEX WARRANTS PRODUCT Index FTSE100 Strike Price 6960.49 cents Expiry Date 15/05/2020 Cover Ratio 1:1 Call/Put/Other Other Style Bermudan Initial Issue Size 50 000 Adjusted Issue Size 47 000 Initial Issue Price 1 000 000 cents Adjusted Issue Price 100 000 cents JSE Code FTSIIA ZAE000205472 Holders of the FTSIIA are advised that an adjustment has been made to decrease the issue size to 47 000 and to decrease the issue price to 100 000 cents. This adjustment will be effective from Friday 24 March 2017. The warrant is exercisable only in accordance with the terms and conditions as set out in the relevant offering circular. . Date: 24 March 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 Limited Member of the JSE Registration Number: 1972/008905/06 Date: 24/03/2017 08:00:00 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.