Investec Bank Limited - New Financial Instrument Listing Investec Bank Limited New Financial Instrument Listing Announcement ISSUE OF IBL141 SENIOR UNSECURED MIXED RATE NOTES (“IBL141 NOTES”) Application has been made to the JSE Limited (“JSE”) for the listing of R500 000 000 (Five Hundred Million Rand) senior unsecured mixed rate Notes (stock code IBL141), under Investec Bank Limited’s Domestic Medium Term Note and Preference Share Programme dated 10 December 2018. The IBL141 Notes will be issued to Noteholders on the date of listing being 19 February 2020 with effect from commencement of trade. Salient features of the IBL141 Notes are listed below: Issuer Investec Bank Limited Instrument Senior unsecured Notes Issue Date 19 February 2020 Nominal Amount per Note R1,000,000 Interest Rate 7.615% for the period from and including the Issue Date to but excluding 20 August 2020; 3 month JIBAR plus the Margin for the period from and including 20 August 2020 until but excluding 20 February 2023. Interest Determination Date The Issue Date, 20 February, 20 May, 20 August and 20 November in each year, provided that there shall not be an Interest Rate Determination Date on 20 February 2020. If any such day is not a Business Day, the Business Day on which interest will be determined will be as determined in accordance with the applicable Business Day Convention (as specified in this Applicable Pricing Supplement) Margin 1.175% Maturity Date 20 February 2023 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 19 February 2020 Books Close Period The Register will be closed from 10 February to 20 February, 10 May to 20 May, 10 August to 20 August and 10 November to 20 November (all dates inclusive) in each year; or 10 days prior to any Payment Day. Last Day to Register Close of business on the Business Day immediately preceding the first day of a Books Close Period Interest Payment Dates 20 February, 20 May, 20 August and 20 November in each year, provided that the first Interest Payment Date shall be on 20 May 2020. If any such day is not a Business Day, the Business Day on which interest will be paid will be as determined in accordance with the applicable Business Day Convention (as specified in this Applicable Pricing Supplement). Business Day Convention Following Business Day JSE Stock Code IBL141 ISIN ZAG000166380 Aggregate Nominal Amount of Notes Outstanding R500,000,000 in the Series after this issuance 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: 18 February 2020 Debt Sponsor: Investec Bank Limited abotha@investec.co.za Date: 18-02-2020 08:00:00 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.