INVESTEC BANK LIMITED - Adjustment to strike prices announcement on variable strike warrants

Adjustment to strike prices announcement on variable strike warrants

INVESTEC WARRANTS


ADJUSTMENT TO STRIKE PRICES ANNOUNCEMENT ON VARIABLE STRIKE WARRANTS


 Investec Variable Strike Warrants: Adjustment to the Exercise Price as of 1 September 2016


 Share                      Adjusted     Expiry Date     Cover   Call/Put     Style       JSE Code
                            Exercise                     Ratio
                            Price per
                              Share
                             (cents)




 Growthpoint Properties                                                                     GRTIVC
 Limited                     90.9939     24/07/2019       1:1      Call     European      ZAE000138194


 Growthpoint Properties                                                                     GRTIVD
 Limited                    900.4885     01/04/2022       1:1      Call     European      ZAE000166419


 Growthpoint Properties                                                                     GRTIVE
 Limited                    1844.2947    15/03/2028       1:1      Call     European      ZAE000179065

                                                                                             IPFIVA
 Investec Property Fund     210.0011     24/07/2019       1:1      Call     European      ZAE000162939
 Limited

                                                                                             IPFIVB
 Investec Property Fund     484.9207     01/04/2022       1:1      Call     European      ZAE000166427
 Limited



                                                                                            RDFIVD
 Redefine Properties        659.3921     21/05/2024       1:1      Call     European      ZAE000179073
 Limited

                                                                                             VKEIVA
 Vukile Property Fund       627.1173     21/05/2024       1:1      Call     European      ZAE000182952




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 2016.
The warrants are exercisable only in accordance with the terms and conditions as set out in the relevant offering
circular.

5 September 2016




 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 Securities (Pty) Limited
          Member of the JSE
          Registration number. 1972/008905/07)

Date: 05/09/2016 10:07:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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