SXEIID - Expiry announcement INVESTEC BANK LIMITED Index Euro Stoxx 50 ® Index Initial Index Level 3 583.49 Expiry Date 28 November 2022 Exercise Date 28 November 2019 Cover Ratio 1:1 Call/Put Call Style Bermudan Issue Size 361,707 ISIN Code ZAE000252912 JSE Code SXEIID AUTOMATIC EXERCISE OF SXEIID AUTOCALL NOTES (AUTOCALLS) ON 28 NOVEMBER 2019 Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the potential automatic Exercise on 28 November 2019 (see the related securities above). The conditions for Exercise will be fulfilled and the Autocalls will be automatically Exercised on 28 November 2019. Condition for Exercise Closing level of the Index on 28 November 2019 is greater than the Initial Index Level Date of announcement of whether Thursday, 28 November 2019, by 11h00 Condition for Exercise will be met Cash Settlement Amount R1,403.00 Last date to trade Thursday, 28 November 2019 Suspension date Friday, 29 November 2019 Record date Tuesday, 03 December 2019 Payment/Redemption Date Wednesday, 04 December 2019 Termination date Thursday, 05 December 2019 Date: 28 November 2019 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 Financial Products Tel.: +27 11 286 9663 E-mail: FPRetail@investec.co.za Sponsor: Investec Securities (Pty) Limited Member of the JSE Registration Number: 1972/008905/07 Date: 28-11-2019 09:51:00 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.