Expiry of ESPIBN INVESTEC BANK LIMITED EXPIRY OF EQUITY STRUCTURED PRODUCTS (ESP) Old Position (ESPIBL) New Position (SPIB26) Reference Index FTSE/JSE Top 40 Index FTSE/JSE Capped Top 40 Index Strike Price 44,693.72 26,284.83 Expiry Date 25 May 2018 04 March 2022 Cover Ratio 1:1 1:1 Call/Put Put Put Style European European Issue Size 3,366 3,939 JSE Code ESPIBL SPIB26 ISIN ZAE000199311 TBA Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of the option expiry on that occurred on 25 May 2018 (see the related securities above). The Put Strike Price of the Put exceeded the Final Reference Price on the Expiry Date, hence the Put Option expired in the money. As a result thereof the Holder will sell the Holder Underlying Securities to the Issuer, and the equivalent Put Strike Price of R11 947.28 per ESPIBL will automatically accrue to the Holder via instruction through STRATE on 31 May 2018. Holders who have elected and requested the Issuer to utilize the abovementioned settlement amount to reinvest in a quantity of new ESPs shall receive one new SPIB26, to be listed on 11 June 2018, for every ESPIBL held. The Holders positions in SPIB26 following the expiry of ESPIBL will be allocated on 14 June 2018. Date: 29 May 2018 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: 29/05/2018 03:38:00 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.