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 – IBL280

Application has been made to the JSE Limited (“JSE”) for the listing of R200,000,000 (two
hundred million Rand) senior unsecured mixed rate Notes (stock code IBL280), under
Investec Bank Limited’s Domestic Medium Term Note and Preference Share Programme,
dated 17 March 2021.

The IBL280 Notes will be issued to Noteholders on the date of listing being 13 October 2023
with effect from commencement of trade.

Salient features of the IBL280 Notes are listed below:

Issuer                                                   Investec Bank Limited

Instrument                                               Senior unsecured Notes

Issue Date                                               13 October 2023

Aggregate Nominal Amount of Tranche                      R200,000,000 (two hundred million
                                                         Rand)


Nominal Amount per Note                                  R1,000,000 (one million Rand)

Interest Rate                                            The Note will be Floating Rate
                                                         Notes, with the Interest Rate being
                                                         the Reference Rate plus the Margin,
                                                         for the period from and including the
                                                         Issue Date to, but excluding, the
                                                         Interest     Payment      Date     of
                                                         13 April 2025

                                                         The Note will be Fixed Rate Notes
                                                         with an Interest Rate of 9.57% nacq
                                                         for the period from and including the
                                                         Interest Payment Date of 13 April
                                                         2025 to, but excluding, the Maturity
                                                         Date

Margin                                                   1.075%

Reference Rate                                           The ZAR-JIBAR-SAFEX with a
                                                         Designated Maturity of 3 months
Interest Determination Date        The Interest Commencement Date
                                   and every Interest Payment Date
                                   thereafter

Maturity Date                      13 October 2026

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         13 October 2023

Books Close Dates                  The Register will be closed from
                                   (i) 4 January to 13 January,
                                        4 April to 13 April, 4 July to
                                        13 July and 4 October to
                                        13 October (all dates inclusive)
                                        until     the        Applicable
                                        Redemption Date, or,
                                   (ii) 10 days prior to any Payment
                                        Day

Last Day to Register               3 January, 3 April, 3 July and
                                   3 October 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 13 January, 13 April, 13 July
                                   and 13 October, provided that the
                                   first Interest Payment Date shall be
                                   on 13 January 2024. 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 the
                                   Applicable Pricing Supplement)

Business Day Convention            Following Business Day

JSE Stock Code                     IBL280

ISIN                               ZAG000200189
Aggregate Nominal Amount of Notes Outstanding R41,810,589,015 (forty-one billion
in the Series including this issuance but excluding eight hundred and ten million five
all other issuances on this Issue Date              hundred and eighty nine thousand
                                                    and fifteen 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: 12 October 2023
Debt Sponsor:
Investec Bank Limited
Bongani.Ntuli@investec.co.za