Exipry Announcement: ESPIBR INVESTEC BANK LIMITED EXPIRY OF EQUITY STRUCTURED PRODUCTS (ESP) Old Position (ESPIBR) New Position (ESPIBG) Share db-x trackers MSCI USA Index ETF db-x trackers MSCI USA Index ETF Strike Price 1448.2259 2104.27 Expiry Date 23/04/2014 20/07/2017 Cover Ratio 1:1 1:1 Call/Put Put Put Style European European Issue Size 10,816 10,103 JSE Code ESPIBR ZAE000156279 ESPIBG ZAE Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of their option expiry which occurred on 23 April 2014 (see the related securities above). The Put Strike Price of the Put exceeded the Final Reference Price on the Expiry Date and hence the Put Option expired in the money. As a result thereof, the Holder will sell the Underlying Securities to the Issuer and the Put Strike Price of R22,313.68 per ESPIBR will automatically accrue to the Holder via instruction through STRATE on 02 May 2014. Holders that have elected and requested the Issuer to utilize the abovementioned settlement amount to reinvest into a new quantity of new ESPs shall receive one (1) new ESPIBG, to be listed on 2 May 2014, for every ESPIBR held. The Holders’ new positions in ESPIBG following the expiry of ESPIBR will be allocated on 02 May 2014. Date: 24 April 2014 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: 24/04/2014 03:24:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.