Investec Bank Limited - New Financial Instrument Listing Investec Bank Limited New Financial Instrument Listing Announcement ISSUE OF IBL136 SENIOR UNSECURED FLOATING RATE NOTES (“IBL136 NOTES”) Application has been made to the JSE Limited (“JSE”) for the listing of R180 000 000 (One Hundred and Eighty Million Rand) senior unsecured floating rate Notes (stock code IBL136), under Investec Bank Limited’s Domestic Medium Term Note and Preference Share Programme dated 10 December 2018. The IBL136 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 IBL136 Notes are listed below: Issuer Investec Bank Limited Instrument Senior unsecured Notes Issue Date 22 November 2019 Nominal Amount per Note R1,000,000 Interest Rate 3 month JIBAR Linked plus the Margin Interest Determination Date 22 November, 22 February, 22 May and 22 August, as adjusted in accordance with the Applicable Business Day Convention Margin 1.40% until but excluding 22 November 2021; 2.00% from and including 22 November 2021 Maturity Date 22 November 2024 Maximum Interest Rate 8.11% until but excluding 22 November 2021 9.27% from and including 22 November 2021 Issue price per Note 100% Final Redemption Amount per Note The Nominal Amount per Note (plus accrued unpaid interest, if any, to the Maturity Date) Interest Commencement Date 22 November 2019 Books Close Period 12 November to 22 November, 12 February to 22 February, 12 May to 22 May and 12 August to 22 August (all dates inclusive) or 10 days prior to any Payment Date Last Day to Register Close of business on the Business Day immediately preceding the first day of a Books Close Period Interest Payment Dates 22 November, 22 February, 22 May and 22 August, as adjusted in accordance with the Applicable Business Day Convention. Business Day Convention Following Business Day JSE Stock Code IBL136 ISIN ZAG000164625 Aggregate Nominal Amount of Notes Outstanding R180,000,000 (One Hundred and in the Series after this issuance Eighty Million 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 12:37:00 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.