Expiry of FTSIIA Autocall Index Warrant INVESTEC BANK LIMITED Index FTSE100® Strike Price 6960.49 Expiry Date 15 May 2017 Cover Ratio 1:1 Call/Put/Other Other Style Bermudan Issue Size 47,000 JSE Code FTSIIA ISIN ZAE000205472 EXPIRY OF FTSIIA AUTOCALL INDEX WARRANTS (AUTOCALLS) 15 May 2017 Investec Bank Limited, as Issuers of the above Autocall Index Warrants (Autocalls), hereby notifies Holders of their automatic option expiry which occurred on 15 May 2017 (see the related securities above). On 15 May 2017 (the Valuation and Exercise Date), the Index Level was 7 454.37, therefore the Autocalls automatically exercise and expire on the 15 May 2017, and the Holders are entitled to a Cash Settlement Amount determined as follows: Reference amount X (1 + Coupon x 2) Reference Amount = ZAR 1,000 Coupon = 15% Therefore Holders will receive a Cash Settlement Amount of R1300.00 for every Autocall held. The Cash Settlement Amount per Autocall will automatically accrue to the Holder via STRATE on 22 May 2017. 16 May 2017 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.com Sponsor Investec Securities (Pty) Limited Member of the JSE Registration number. 1972/008905/07) Date: 16/05/2017 02:00:00 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.