INVESTEC LIMITED - Final preference share dividend and redemption announcement

Final preference share dividend and redemption announcement

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: ILRP2                                    LSE share code: INVP
ISIN: ZAE000202990                                       JSE share code: INP
JSE ordinary share code: INL                             ISIN: GB00B17BBQ50
NSX ordinary share code: IVD
BSE ordinary share code: INVESTEC
ISIN: ZAE000081949

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 Disclosure
Guidance, Transparency Rules and Listing Rules of the United Kingdom Listing Authority (the “UKLA”)
and/or the JSE Listing Requirements.

INVESTEC LIMITED

Final preference share dividend and redemption announcement

Class ILRP2 redeemable, cumulative, non-participating preference shares (“Preference
Shares”)

Notice is hereby given that 191 642 Preference Shares, constituting all the issued preference
shares in this class, will be redeemed on 25 March 2019, pursuant to clause 24 of the
Applicable Pricing Supplement of the Preference Shares.

The redemption will take place at an amount of 101 300.41450 cents per Preference Share
being a return of capital of 100 000 cents per Preference Share plus accrued dividends in
respect of the period from and including 01 January 2019 to and including, 24 March 2019,
which amounts to 1300.41450 cents per Preference Share.

Salient features of the redemption of the 191 642 Preference Shares are listed below:

Issuer                                                  Investec Limited
Instrument                                              Redeemable, cumulative, non-
                                                        participating Preference Shares
Redemption date                                         25 March 2019
Number of shares redeemed                               191 642
Number of shares outstanding                            Nil
post this redemption
JSE Share Code                                          ILRP2
ISIN                                                    ZAE000202990


Declaration of final dividend
The final preference dividend has been declared from income reserves for the period
01 January 2019 to 24 March 2019 amounting to a gross preference dividend of 1300.41450
cents per share payable to holders of the Class ILRP2 redeemable, cumulative, non-
participating preference shares as recorded in the books of the company at the close of
business on Friday, 22 March 2019.
The relevant dates relating to the payment of the final dividend and the redemption are
as follows:
Last day to trade cum-dividend                                   Monday, 18 March 2019
Shares commence trading ex-dividend /
cancellation date                                               Tuesday, 19 March 2019
Record date                                                       Friday, 22 March 2019
Payment date                                                     Monday, 25 March 2019
Termination Date                                                Tuesday, 26 March 2019

Share certificates may not be dematerialised or rematerialised after Monday,
18 March 2019.


Additional information to take note of:
•  The Investec Limited company tax reference number: 9800/181/71/2
•  The issued class ILRP2 preference share capital of Investec Limited is 191 642 preference
   shares
•  The dividend paid by Investec Limited is subject to South African Dividend Tax (Dividend
   Tax) of 20% (subject to any available exemptions or reductions in terms of Double Tax
   Agreements as legislated) equal to 260.08290 cents per share
•  The net dividend amounts to 1040.33160 cents per preference share for shareholders
   liable to pay the Dividend Tax and 1300.41450 cents per preference share for preference
   shareholders exempt from paying the dividend tax.


By order of the board


N van Wyk

Company Secretary
Investec Limited

04 March 2019
Johannesburg

Sponsor:
Investec Bank Limited

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