INVESTEC LIMITED - 250,000,000 Fixed Rate Reset Perpetual Additional Tier 1 Write Down Capital Securities

£250,000,000 Fixed Rate Reset Perpetual Additional Tier 1 Write Down Capital Securities

Investec Limited                                          Investec plc
Incorporated in the Republic of South Africa              Incorporated in England and Wales
Registration number 1925/002833/06                        Registration number 3633621
JSE share code: INL                                       LSE share code: INVP
JSE hybrid code: INPR                                     JSE share code: INP
JSE debt code: INLV                                       ISIN: GB00B17BBQ50
NSX share code: IVD                                       LEI: 2138007Z3U5GWDN3MY22
BSE share code: INVESTEC
ISIN: ZAE000081949
LEI: 213800CU7SM6O4UWOZ70

As part of the dual listed company structure, Investec plc and Investec Limited notify both the London
Stock Exchange and the JSE Limited of matters which are required to be disclosed under the Listing
Rules of the United Kingdom Financial Conduct Authority and/or the JSE Listing Requirements.

                                     INVESTEC PLC
  £250,000,000 Fixed Rate Reset Perpetual Additional Tier 1 Write Down Capital Securities
   (ISIN: XS1692045864) (the "Securities"), of which £108,108,000 in aggregate principal
                             amount is currently outstanding

5 November 2024

Announcement of early redemption

Investec plc (the "Issuer") today gave notice to the holders of the outstanding Securities that,
pursuant to Condition 7(c) of the terms and conditions of the Securities (the "Conditions") set out
in Schedule 2 to the trust deed dated 5 October 2017 (the "Trust Deed") between the Issuer and
Deutsche Trustee Company Limited (the "Trustee"), the Issuer has exercised its option to redeem
all of the outstanding Securities on the First Reset Date of 5 December 2024 (the "Redemption
Date") at their principal amount together with accrued and unpaid interest thereon to (but excluding)
the Redemption Date.

Payment in respect of the Securities will be made through Euroclear Bank SA/NV and Clearstream
Banking, S.A., in accordance with their standard procedures.

Pursuant to Condition 7(b)(i) and (ii), if the Solvency Condition is not satisfied on the Redemption
Date, or prior to the Redemption Date a Trigger Event Notice is given, the redemption notice shall
automatically be rescinded and shall be of no force and effect.

Unless otherwise defined herein, defined terms used have the meanings given to them in the Trust
Deed and/or the Conditions.

The listing of the Securities on the Official List of the Financial Conduct Authority and the admission
of the Securities to trading on the Main Market of the London Stock Exchange plc will be cancelled
on, or shortly after, the Redemption Date.

FURTHER INFORMATION

For further information, please contact:

Derek Lloyd

E-mail: Derek.Lloyd@investec.com

Telephone: +442075974000


Sponsor: Investec Bank Limited

Date: 05-11-2024 01:00:00
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