INVESTEC BANK LIMITED - Decrease in issue size - ESPIB1

 INVESTEC BANK LIMITED

 ISSUE OF EQUITY STRUCTURED PRODUCTS (ESP)


 Investec Equity Structured Products (ESP): Commencement Date: 26 February 2016




   Reference Index                    REITWAY BCI GLOBAL PROPERTY FUND (CLASS C)



   Strike Price                       2,0171


   Expiry Date                        11 August 2023

   Cover Ratio                        1:1

   Call/Put                           Put

   Style                              European

   Issue Size                         448 347


   JSE Code                           ESPIB1 ZAE000208922




Holders of the ESPIB1 are advised that an adjustment has been made to decrease the issue size to 448 347. This
adjustment was effective from Friday, 26 February 2016. The warrant is exercisable only in accordance with the terms
and conditions as set out in the relevant offering circular.


 Date: 29 February 2016



 Copies of the offering circular may be obtained from:
         Investec Bank Limited
         100 Grayston Drive
         Sandown
         Sandton
         2196


 Copies of Warrant issue documentation can be located on:
         Internet: www.investecwarrants.com

 Place and Date of Incorporation of the Issuer:

         Incorporated in the Republic of South Africa
         Registration Number: 1969/004763/06
         Date of Incorporation: 31 March 1969


 For further information kindly contact:
          Investec Warrants
          Tel.: 0860 103 343
          E-mail: warrants@investec.co.za

 Sponsor:
              Investec Securities (Pty) Limited
              Member of the JSE
              Registration Number: 1972/008905/07


Date: 29/02/2016 03:35:00 Supplied by www.sharenet.co.za                     
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.