INVESTEC BANK LIMITED - Expiry- ESPIBC

Expiry- ESPIBC

INVESTEC BANK LIMITED

EXPIRY OF EQUITY STRUCTURED PRODUCTS (ESP)



                                     Old Position (ESPIBC)                     New Position (SPIB20)



 Reference index                      Euro Stoxx 50® Index                     Euro Stoxx 50 ® Index



 Strike Price                        3121.59                                   3555.17
 Expiry Date                         26 September 2017                         26 March 2021
 Cover Ratio                         1:1                                       1:1

 Call/Put                            Put                                       Put
 Style                               European                                  European
 Issue Size                          25 765                                    17 955
 JSE Code                            ESPIBC                                    SPIB20
 ISIN                                ZAE000189148                              TBA


Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of
the option expiry on 26 September 2017 (see the related securities above).

The Put Strike Price of the Put exceeded the Final Reference Price on the Expiry Date, hence the Put Option expired in
the money. As a result thereof the Holder will sell the Holder Underlying Securities to the Issuer, and the equivalent Put
Strike Price of R14,313.74 per ESPIBC will automatically accrue to the Holder via instruction through STRATE on 2
October 2017.

Holders who have elected and requested the Issuer to utilize the abovementioned settlement amount to reinvest in a
quantity of new ESPs shall receive one new SPIB20 to be listed on 11 October 2017 for every ESPIBC held. The Holders
positions in SPIB20 following the expiry of ESPIBC will be allocated on 16 October 2017.

29 September 2017

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.: 011 286-4672
         E-mail: warrants@investec.co.za
         Internet: www.investec.com

Sponsor
          Investec Securities (Pty) Ltd
          Member of the JSE
          Registration number. 1972/008905/07)

Date: 29/09/2017 12:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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