Investec Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1969/004763/06)
Issuer code: BIINLP
LEI No: 549300RH5FFHO48FXT69

New Financial Instrument Listing Announcement – IBL262

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 IBL262),
under Investec Bank Limited’s Domestic Medium Term Note and Preference Share
Programme, dated 17 March 2021.

The IBL262 Notes will be issued to Noteholders on the date of listing being
31 January 2023 with effect from commencement of trade.

Salient features of the IBL262 Notes are listed below:

Issuer                                                   Investec Bank Limited

Instrument                                               Senior unsecured Notes

Issue Date                                               31 January 2023

Aggregate Nominal Amount of Tranche                      R250,000,000 (two hundred and
                                                         fifty million Rand)

Nominal Amount per Note                                  R1,000,000

Interest Rate                                            the Reference Rate plus the Margin,
                                                         subject to the Maximum Interest
                                                         Rate

Margin                                                   1.45%

Reference Rate                                           ZAR-JIBAR-SAFEX        with   a
                                                         Designated Maturity of 3 months,
                                                         plus the Margin

Interest Determination Date                              means the Interest Commencement
                                                         Date and every Interest Payment
                                                         Date thereafter

Maturity Date                                            31 January 2028

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                          31 January 2023

Books Close Dates                                   The Register will be closed from
                                                    21 April to 30 April, 22 July to 31
                                                    July, 22 October to 31 October and
                                                    22 January to 31 January (all dates
                                                    inclusive) in each year until the
                                                    Applicable Redemption Date, or 10
                                                    days prior to any Payment Day

Last Day to Register                                20 April, 21 July, 21 October and 21
                                                    January in each year, or if such day
                                                    is not a Business Day, the Business
                                                    Day before each Books Closed
                                                    Period, or the last Business Day
                                                    immediately        preceding     the
                                                    commencement of the Books
                                                    Closed Period

Interest Payment Dates                              means 30 April, 31 July, 31 October
                                                    and 31 January of each year,
                                                    provided that the first Interest
                                                    Payment Date shall be on 30 April
                                                    2023. If any such day is not a
                                                    Business Day, the Business Day on
                                                    which interest will be paid, 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                                      IBL262

ISIN                                                ZAG000193293

Aggregate Nominal Amount of Notes Outstanding
in the Series including this issuance but           ZAR43,879,441,515 (forty three
excluding all other issuances on this Issue Date    billion eight hundred and seventy
                                                    none million four hundred and forty
                                                    one thousand five hundred and
                                                    fifteen Rand) under the Programme
                                                    (including this Tranche)

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: 30 January 2023
Debt Sponsor:
Investec Bank Limited
Bongani.Ntuli@investec.co.za