Expiry of SXEIIB INVESTEC BANK LIMITED- EXPIRY NOTICE Reference Index Euro Stoxx 50 ® Index Strike Price 3 044.33 Expiry Date 22 November 2017 Cover Ratio 1:1 Call/Put Call Style Bermudan Issue Size 130,243 ISIN Code ZAE000237343 JSE Code SXEIIB EXPIRY OF SXEIIA AUTOCALL INDEX WARRANTS (AUTOCALLS)- 22 NOVEMBER 2017 Investec Bank Limited, as Issuers of the above Autocall Index Warrants (“Autocalls”), hereby notifies Holders of their automatic option expiry which occurred on 22 November 2017 (see the related securities above). On 22 November 2017 (the Valuation and Exercise Date), the Index Level was 3 562.65 and therefore the Autocalls were automatically exercised and expired on the 22 November 2017. The Holders are entitled to a Cash Settlement Amount determined as follows: Reference amount x 119.2% Reference Amount = ZAR 1,000.00 Holders will receive a Cash Settlement Amount of ZAR 1,192.00 for every Autocall held. The Cash Settlement Amount per Autocall will automatically accrue to the Holder via STRATE on 30 November 2017. Date: 27 November 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) Ltd Member of the JSE Registration number. 1972/008905/07) Date: 27/11/2017 12:15:00 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.