New Financial Instrument Listing – IPF24 Investec Property Fund Limited Approved as a REIT by the JSE (Incorporated in the Republic of South Africa) (Registration Number 2008/011366/06) JSE Code: IPF24 ISIN No: ZAG000149501 (“Investec Property Fund” or “the Fund”) New Financial Instrument Listing – IPF24 The JSE Limited has granted a listing to Investec Property Fund Limited – Issue IPF24 due 05 February 2023 in terms of their DMTN Programme dated 11 November 2015. INSTRUMENT TYPE: Senior Unsecured Floating Rate Notes Authorised programme size R5 000 000 000 Total notes issued(excl) R2 829 000 000 Bond code IPF24 Nominal issued R300 000 000 Issue Date 05 February 2018 Reference Rate 3 Month Jibar Margin 170 bps added to the reference rate Trade type Yield Maturity date 05 February 2023 Interest commencement date 05 February 2018 Interest Dates 5th day of February, May, August and November each year up to Redemption date Books closed period from (and including) 31 January (but excluding) 5 February, from (and including) 30 April to (but excluding) 5 May, from (and including) 31 July to (but excluding) 5 August and from (and including) 31 October to (but excluding) 5 November in each year until the Redemption Date Last day to register 30 January, 29 April, 30 July or 30 October which shall mean that the Register will be closed from each Last Day to Register to the next applicable Payment Day ISIN ZAG000149501 Dealer Investec Bank Limited The Notes will be immobilized in the Central Depository (“CSD”) and settlement will take place electronically in terms of JSE Rules. Date: 05 February 2018 Sponsor: Investec Bank Limited (“Investec”) Date: 05/02/2018 04:13:00 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.