Partial Delisting of SPIB14 INVESTEC BANK LIMITED DECREASE IN ISSUE SIZE OF EQUITY STRUCTUED PRODUCTS (SPIB14) Reference Index S&P 500 ® Strike Price 2391.17 Expiry Date 06 November 2020 Cover Ratio 1:1 Call/Put Put Style European Initial Size Issue 17,947 Adjusted Issue Size 17,647 JSE Code SPIB14 ISIN Code ZAE000244760 Holders of SPIB14 are advised that an adjustment has been made to decrease the issue size to 17,647. This adjustment is effective from Tuesday, 28 August 2018. The warrant is exercisable only in accordance with the terms and conditions as set out in the relevant offering circular. Date: 28 August 2018 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: email@example.com Sponsor: Investec Securities (Pty) Limited Member of the JSE Registration Number: 1972/008905/07 Date: 28/08/2018 09:53:00 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.