ESPIB2 - Expiry announcement INVESTEC BANK LIMITED EXPIRY OF EQUITY STRUCTURED PRODUCTS – ESPIB2 Share/ Reference Index FTSE/JSE Top 40 Index Strike Price 45,877.71 Expiry Date 13 February 2019 Cover Ratio 1:1 Call/Put Put Style European Issue Size 2,325 JSE Code ESPIB2 I.S.I.N ZAE000208906 Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of their imminent option expiry on 13 February 2019 (see the related securities above). In the event that the Put Strike Price of the Put exceeds the Final Reference Price on the Expiry Date, the Put Option will be automatically exercised, the Holders will sell the Holder Underlying Securities to the Issuer and the Put Strike Price will automatically accrue to the Holder via instruction through STRATE on 19 February 2019. In the event that the Final Reference Price exceeds the Put Strike Price on the Expiry Date the Put Option shall expire out of the money and Holders will be obliged to pay the Premium to the Issuer. The Issuer will sell the Holders Underlying Securities for the Final Reference Amount and the proceeds, less the Premium, will automatically accrue to the Holder via instruction through STRATE on 19 February 2019. Holders who wish to receive delivery of the remaining Underlying Securities will need to inform Investec Bank in writing by close of business on the 11th February 2019. Date: 29 January 2019 Copies of the offering circular may be obtained from: Investec Bank Limited 100 Grayston Drive Sandown Sandton 2196 Copies of Warrant issue documentation can be located on: Internet: www.investecwarrants.com Place and Date of Incorporation of the Issuer: Incorporated in the Republic of South Africa Registration Number: 1969/004763/06 Date of Incorporation: 31 March 1969 For further information kindly contact: Investec Financial Products Tel.: +27 11 286 9663 E-mail: FPRetail@investec.co.za Sponsor Investec Securities (Pty) Ltd Member of the JSE Registration number. 1972/008905/07) Date: 29/01/2019 09:36:00 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.