Expiry of ESPIBG INVESTEC BANK LIMITED EXPIRY OF EQUITY STRUCTURED PRODUCTS Old Position(ESPIBG) New Position (SPIB17) Reference Index S&P500® Index S&P500® Index Strike Price 1875.39 2472.54 Expiry Date 20 July 2017 26 February 2021 Cover Ratio 1:1 1:1 Call/Put Put Put Style European European Issue Size 9,734 5731 ISIN Code ZAE000190906 TBC JSE Code ESPIBG SPIB17 Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of their option expiry which occurred on 20 July 2017 (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 equivalent Put Strike Price of R40067.62 per ESPIBG will automatically accrue to the Holder via instruction through STRATE on 26 July 2017. 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 new SPIB17 to be listed on 04 August 2017, for every ESPIBG held. The Holders’ new positions in SPIB17 following the expiry of ESPIBG, will be allocated on 10 August 2017. Date: 24 July 2017 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: 24/07/2017 10:07:00 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.