Final Dividend and Early Redemption announcement of the IBRP4 Programme Preference Shares -IBRP4 Investec Bank Limited Incorporated in the Republic of South Africa Registration number 1969/004763/06 JSE Share Code: IBRP4 JSE Issuer Code: INVD ISIN: ZAE000273215 INVESTEC BANK LIMITED Final Dividend and Early Redemption Announcement of Class IBRP4 credit-linked redeemable, cumulative, non-participating unsecured preference shares (“the IBRP4 Programme Preference Shares”) Investec Bank Limited (“the Issuer”) has exercised its option to early redeem all 5,000 of the IBRP4 Programme Preference Shares (held by a single Preference Share Holder) in terms of paragraph 7.8 of Annexure A 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 will take place at an amount of 4,037,086.68493 cents per IBRP4 Programme Preference Shares being a return of capital of 4 000 000 cents per Preference Share plus accrued dividends in respect of the period from and including 28 February 2020 to and including, 19 April 2020, which amounts to 37,086.68493 cents per IBRP4 Programme Preference Share. Salient features of the redemption of the 5,000 IBRP4 Programme Preference Shares are listed below: Issuer Investec Bank Limited Instrument Credit-linked redeemable, cumulative, non-participating unsecured Preference Shares Final Redemption Date 20 April 2020 Number of shares redeemed 5 000 Number of shares outstanding Nil post this redemption JSE Share Code IBRP4 ISIN ZAE000273215 Declaration of final dividend The final preference dividend has been declared from income reserves for the period 28 February 2020 to 19 April 2020 amounting to a gross preference dividend of 37,086.68493 cents per IBRP4 Programme Preference Share payable to the Share Holders of the IBRP4 Progamme Preference Share as recorded in the books of the company at the close of business on Friday, 17 April 2020. The relevant dates relating the early redemption are as follows: Last day to trade cum-dividend Tuesday, 14 April 2020 Shares commence trading ex-dividend / Cancellation Date / Suspension Date Wednesday, 15 April 2020 Record date Friday, 17 April 2020 Payment date Monday, 20 April 2020 Termination Date Tuesday, 21 April 2020 Preference Share certificates may not be dematerialised or rematerialised after Tuesday, 14 April 2020. Additional information to take note of: • The Issuer’s tax reference number: 9675/053/71/5 • The number of issued IBRP4 Programme Preference Shares of the capital of the Issuer is 5,000 IBRP4 Programme Preference Shares • The dividend paid by the Issuer is subject to South African Dividend Tax (Dividend Tax) of 20% (subject to any available exemptions or reductions in terms of Double Tax Agreements as legislated) equal to 7,417.33699 cents per IBRP4 Programme Preference Share • Preference Shareholders who are exempt from paying the Dividend Tax will receive a gross dividend of 37,086.68493 ZAR cents per IBRP4 Programme Preference Share • Preference Shareholders who are not exempt from paying the Dividend Tax will receive a net dividend of 29,669.34794 ZAR cents per IBRP4 Programme Preference Share. • Settlement of the IBRP4 Programme Preference Shares will be done free of payment By order of the board N van Wyk Company Secretary Investec Bank Limited 27 March 2020 Sponsor: Investec Bank Limited Date: 27-03-2020 01:06:00 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.