INVESTEC BANK LIMITED - DIVIDEND DECLARED- CRFIHF

DIVIDEND DECLARED- CRFIHF

INVESTEC WARRANTS

JSE SHARE CODE: CFRIHF
JSE ISIN CODE:  ZAE000232534



DECLARED DIVIDEND ANNOUNCEMENT ON COMPAGNIE FINANCIERE RICHEMONT SA HOT ENHANCED
DIVIDEND SECURITIES – (“CFRIHF”)


With reference to the dividend announcement, the Directors of Compagnie Financiere Richemont SA have declared a dividend
of 242.91486 ZAR cents per ordinary share at the annual general meeting on 13 September 2017, which will be payable on
Thursday, 28 September 2017 to ordinary shareholders, recorded in the books of the company at the close of business on
Friday, 22 September 2017.

Swiss withholding tax rate is 35%, resulting in a net dividend of 145.74892 ZAR cents per share. Richemont Securities SA
will operate a programme for South African tax residents, who will generally be eligible to recover 20% of the 35% withholding
tax levied on the CHF dividend.

In line with the announcement no local dividend tax rate will apply.

Accordingly, the warrant holders of CFRIHF, will receive a Compagnie Financiere Richemont SA dividend amount of
145.74892 ZAR cents per security on Thursday, 28 September 2017 in terms of the Cession clause incorporated in the
Supplement between the holders and Investec Bank Limited. The last day to trade (“cum” the dividend) in order to participate
in the dividend will be Tuesday, 19 September 2017.

CFRIHF Hot Enhanced Dividend Securities will commence trading “ex” the dividend from the commencement of business on
Wednesday, 20 September 2017, and the record date will be Friday, 22 September 2017.


13 September 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.: 0860 103 343
          E-mail: warrants@investec.co.za
          Internet: www.investec.com.za


 Sponsor
           Investec Securities (Pty) Limited
           Member of the JSE
           Registration number. 1972/008905/07)

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