IVC167 - New Listing Investec Bank Limited New Financial Instrument Listing Announcement ISSUE OF IVC167 SENIOR UNSECURED FLOATING RATE CREDIT LINKED NOTES (“IVC167 NOTES”) Application has been made to the JSE Limited (“JSE”) for the listing of R80, 000,000 (Eighty Million Rand) senior unsecured floating rate credit linked Notes (stock code IVC167), under Investec Bank Limited’s Credit Linked Note Programme dated 10 May 2010. The IVC167 Notes will be issued to Noteholders on the date of listing being 22 November 2019 with effect from commencement of trade. Salient features of the IVC167 Notes are listed below: Issuer Investec Bank Limited Instrument Senior unsecured credit linked Notes Issue Date 22 November 2019 Nominal Amount per Note R1,000,000 Interest Rate 3 month JIBAR plus the Margin Interest Determination Date The Interest Commencement Date; and thereafter 23 February, 23 May, 23 August and 23 November of each year, as adjusted in accordance with the applicable Business Day Convention Margin 1.125% (one point one two five percent) for the period beginning on and including the Issue Date to and ending on but excluding the Scheduled Maturity Date Scheduled Maturity Date 23 March 2021 Optional Redemption Date (Call) N/A Issue price per Note Final Redemption Amount per Note The Nominal Amount per Note (plus accrued unpaid interest, if any, to the Maturity Date) Interest Commencement Date Issue Date Books Close Period From 14 February to 23 February, 14 May to 23 May, 14 August to 23 August and 14 November to 23 November (all dates inclusive) in each year until the Scheduled Maturity Date. Last Day to Register 13 March, 13 June, 13 September and 13 December of each year and if such day is not a Business Day, the Last Day to Register will be the Business Day immediately preceding the first day of the relevant Books Closed Period Interest Payment Dates 23 March, 23 June, 23 September and 23 December in each year and the Scheduled Maturity Date, adjusted in accordance with the applicable Business Day Convention. Business Day Convention Following Business Day JSE Stock Code IVC167 ISIN ZAG000164583 Aggregate Nominal Amount of Notes Outstanding ZAR80,000,000 (Eighty Million in the Series after this issuance Rand) The Pricing Supplement does not contain any additional terms and conditions or changes to the terms and conditions as contained in the Programme Memorandum Investors should study the Applicable Pricing Supplement for full details of the terms and conditions applicable to these Notes. Date: 21 November 2019 Debt Sponsor: Investec Bank Limited abotha@investec.co.za Date: 21/11/2019 10:42:00 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.