Investec Bank Limited - Tap Issuance Investec Bank Limited Financial Instrument Listing Announcement – Tap Issuance ISSUE OF IBL140 SENIOR UNSECURED FLOATING RATE NOTES (“IBL140 NOTES”) – TAP ISSUANCE Application has been made to the JSE Limited (“JSE”) for the listing of R100 000 000 (One Hundred Million Rand) senior unsecured floating rate Notes (stock code IBL140), under Investec Bank Limited’s Domestic Medium Term Note and Preference Share Programme dated 10 December 2018. The IBL140 Notes will be issued to Noteholders on the date of listing being 20 February 2020 with effect from commencement of trade. Salient features of the IBL140 Notes are listed below: Issuer Investec Bank Limited Instrument Senior unsecured Notes Issue Date 20 February 2020 Nominal Amount per Note R1,000,000 Interest Rate 3 month JIBAR linked plus the Margin Interest Determination Date 20 February, 20 May, 20 August and 20 November in each year. If any such day is not a Business Day, the Business Day on which interest will be determined will be as determined in accordance with the applicable Business Day Convention (as specified in this Applicable Pricing Supplement) Margin 1.00% for the period from and including the Issue Date to but excluding 14 February 2021; and 1.10% for the period from 14 February 2021 to and excluding the Maturity Date. Maturity Date 14 February 2022 Issue price per Note 100.12424% Final Redemption Amount per Note The Nominal Amount per Note (plus accrued unpaid interest, if any, to the Maturity Date) Interest Commencement Date 14 February 2020 Books Close Period The Register will be closed from 11 February to 20 February, 11 May to 20 May, 11 August to 20 August and 11 November to 20 November (all dates inclusive) in each year; or 10 days prior to any Payment Day. Last Day to Register Close of business on the Business Day immediately preceding the first day of a Books Close Period Interest Payment Dates 20 February, 20 May, 20 August and 20 November in each year, provided that the first Interest Payment Date shall be on 20 May 2020. If any such day is not a Business Day, the Business Day on which interest will be paid will be as determined in accordance with the applicable Business Day Convention (as specified in this Applicable Pricing Supplement). Business Day Convention Following Business Day JSE Stock Code IBL140 ISIN ZAG000166281 Aggregate Nominal Amount of Notes Outstanding R300,000,000 in the Series after this issuance The Pricing Supplement does not contain any additional terms and conditions or changes to the terms and conditions as contained in the Programme Memorandum. Investors should study the Applicable Pricing Supplement for full details of the terms and conditions applicable to these Notes. Date: 19 February 2020 Debt Sponsor: Investec Bank Limited abotha@investec.co.za Date: 19-02-2020 05:47:00 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.