Final Redemption - IBRP2 Investec Bank Limited Incorporated in the Republic of South Africa Registration number 1969/004763/06 JSE Share Code: IBRP2 ISIN: ZAE000264081 INVESTEC BANK LIMITED Early Redemption Announcement of Class IBRP2 index-linked redeemable, cumulative, non-participating unsecured preference shares (“the IBRP2 Programme Preference Shares”) Investec Bank Limited (“the Issuer”) has exercised its option to early redeem all 62,500 of the IBRP2 Programme Preference Shares (held by a single Preference Share Holder) in terms of Additional Condition 7.7 of the Applicable Pricing Supplement in respect of the Preference Shares, pursuant to the terms and conditions set out in the Issuer’s Domestic Medium Term Note and Preference Shares Programme The redemption amount of 4 000 000 cents per IBRP2 Programme Preference Share, being a total return of capital per IBRP2 Programme Preference Share with zero dividends payable on the Final Redemption Date. Salient features of the redemption of the 62,500 IBRP2 Programme Preference Shares are listed below: Issuer Investec Bank Limited Instrument Index-linked redeemable, cumulative, non-participating unsecured Preference Shares Final Redemption Date 30 March 2020 Number of shares redeemed 62 500 Number of shares outstanding Nil post this redemption JSE Share Code IBRP2 ISIN ZAE000264081 Declaration of final dividend No dividends are payable The relevant dates relating the early redemption are as follows: Last day to trade cum-dividend Tuesday, 24 March 2020 Shares commence trading ex-dividend / Cancellation Date / Suspension Date Wednesday, 25 March 2020 Record date Friday, 27 March 2020 Payment date Monday, 30 March 2020 Termination Date Tuesday, 31 March 2020 Preference Share certificates may not be dematerialised or rematerialised after Tuesday, 24 March 2020. Additional information to take note of: ? The Issuer’s tax reference number: 9675/053/71/5 ? The number of issued IBRP2 Programme Preference Shares of the capital of the Issuer is 62,500 IBRP2 Programme Preference Shares ? No dividends will be paid by the Issuer ? Settlement of the IBRP2 Programme Preference Shares will be done free of payment By order of the board N van Wyk Company Secretary Investec Bank Limited 23 March 2020 Sponsor: Investec Bank Limited Date: 23-03-2020 04:40:00 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.