INVESTEC BANK LIMITED - Adjustment to strike prices - GRTIVE and RDFIVD

Adjustment to strike prices - GRTIVE and RDFIVD

INVESTEC WARRANTS

ADJUSTMENT TO STRIKE PRICES ANNOUNCEMENT ON VARIABLE STRIKE WARRANTS

Investec Variable Strike Warrants: Adjustment to the Exercise Price as of 1 September 2023
                              
                              Adjusted Exercise                          
            Share              Price per Share        Expiry     Cover    Call/Put     Style    JSE Code
                                 (cents)              Date       Ratio
            Growthpoint          1565.8135        15/03/2028     1:1       Call     European    GRTIVE
            Properties                                                                          ZAE000179065
            Limited                                                        
   
            Redefine               527.569        21/05/2024     1:1       Call     European    RDFIVD
            Properties                                                                          ZAE000179073
            Limited
            
As a result of the Recalculation based on the Dividend Distributions an adjustment has been made to the exercise
prices of the above-mentioned Variable Strike warrants. These adjustments are effective from 1 September 2023.
The warrants are exercisable only in accordance with the terms and conditions as set out in the relevant offering
circular.

1 September 2023

 Copies of the offering circular may be obtained from:
         Investec Bank Limited
         100 Grayston Drive
         Sandown
         Sandton
         2196

 For further information contact:
         Investec Warrants
         Tel.: 0860 103 343
         E-mail: warrants@investec.co.za
         Internet: www.investecwarrants.com

 Sponsor
         Investec Bank Limited
         Member of the JSE
         (Registration number: 1969/004763/06)

Date: 01-09-2023 04:40:00
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