New financial Instrument listing - IBL137 Investec Bank Limited New Financial Instrument Listing Announcement ISSUE OF IBL137 SENIOR UNSECURED FLOATING RATE NOTES (“IBL137 NOTES”) Application has been made to the JSE Limited (“JSE”) for the listing of R250 000 000 (Two Hundred and Fifty Million Rand) senior unsecured floating rate Notes (stock code IBL137), under Investec Bank Limited’s Domestic Medium Term Note and Preference Share Programme dated 10 December 2018. The IBL137 Notes will be issued to Noteholders on the date of listing being 21 January 2020 with effect from commencement of trade. Salient features of the IBL137 Notes are listed below: Issuer Investec Bank Limited Instrument Senior unsecured Notes Issue Date 21 January 2020 Nominal Amount per Note R1,000,000 Interest Rate 3 month JIBAR Linked plus the Margin Interest Determination Date 21 January, 21 April, 21 July and 21 October of each year, adjusted in accordance with the Applicable Business Day Convention Margin 1.85% until but excluding 21 April 2020 and 1.75% from and including 21 April 2020. Maturity Date 21 January 2025 Maximum Interest Rate 8.69% Issue price per Note 100% Final Redemption Amount per Note The Nominal Amount per Note (plus accrued unpaid interest, if any, to the Maturity Date) Interest Commencement Date 21 January 2020 Books Close Period 11 January to 21 January, 11 April to 21 April, 11 July to 21 July and 11 October to 21 October in each year (all dates inclusive) or 10 days prior to any Payment Date Last Day to Register Close of business on the Business Day immediately preceding the first day of a Books Close Period Interest Payment Dates 21 January, 21 April, 21 July and 21 October in each year, as adjusted in accordance with the Applicable Business Day Convention. Business Day Convention Following Business Day JSE Stock Code IBL137 ISIN ZAG000165739 Aggregate Nominal Amount of Notes Outstanding R250,000,000 (Two Hundred and in the Series after this issuance Fifty Million Rand) 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: 20 January 2020 Debt Sponsor: Investec Bank Limited abotha@investec.co.za Date: 20-01-2020 09:55:00 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.