New Financial Instrument Listing Announcement - IBL148 Investec Bank Limited (Incorporated in the Republic of South Africa) (Registration number: 1969/004763/06) Issuer code: BIINLP LEI No: 549300RH5FFHO48FXT69 New Financial Instrument Listing Announcement ISSUE OF IBL148 SENIOR UNSECURED FLOATING RATE NOTES (“IBL148 NOTES”) Application has been made to the JSE Limited (“JSE”) for the listing of R200 000 000 (Two Hundred Million Rand) senior unsecured floating rate Notes (stock code IBL148), under Investec Bank Limited’s Domestic Medium Term Note and Preference Share Programme dated 10 December 2018. The IBL148 Notes will be issued to Noteholders on the date of listing being 25 August 2020 with effect from commencement of trade. Salient features of the IBL148 Notes are listed below: Issuer Investec Bank Limited Instrument Senior unsecured Notes Issue Date 25 August 2020 Nominal Amount per Note R1,000,000 Interest Rate 3 month JIBAR plus the Margin Interest Rate Determination Date 25 August, 25 November, 25 February and 25 May in each year with the first Interest Rate Determination Date being 25 November 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 0.85% Maximum Interest Rate N/A Maturity Date 25 August 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 25 August 2020 Books Close Period The Register will be closed 16 August to 25 August, 16 November to 25 November, 16 February to 25 February and 16 May to 25 May (all dates inclusive) in each year; or the 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 25 November, 25 February, 25 May and 25 August in each year, provided that the first Interest Payment Date shall be on 25 November 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 IBL148 ISIN ZAG000170481 Aggregate Nominal Amount of Notes Outstanding R200,000,000 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: 24 August 2020 Debt Sponsor: Investec Bank Limited abotha@investec.co.za Date: 24-08-2020 10:34:00 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.