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 – IBL281

Application has been made to the JSE Limited (“JSE”) for the listing of R250,000,000 (two
hundred and fifty million Rand) senior unsecured mixed rate Notes (stock code IBL281),
under Investec Bank Limited’s Domestic Medium Term Note and Preference Share
Programme, dated 17 March 2021.

The IBL281 Notes will be issued to Noteholders on the date of listing being 27 October 2023
with effect from commencement of trade.

Salient features of the IBL281 Notes are listed below:

Issuer                                                   Investec Bank Limited

Instrument                                               Senior unsecured Notes

Issue Date                                               27 October 2023

Aggregate Nominal Amount of Tranche 1 and 2              R250,000,000 (two hundred and
                                                         fifty million Rand)


Nominal Amount per Note                                  R 1,000,000 (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
                                                         27 April 2025

                                                         The Note will be Fixed Rate Notes
                                                         with an Interest Rate of 9.37% nacq
                                                         for the period from and including the
                                                         Interest     Payment      Date     of
                                                         27 April 2025 to, but excluding, the
                                                         Maturity Date

Margin                                                   1.1%

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                      27 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         27 October 2023

Books Close Dates                  The Register will be closed from
                                   (i) 18 January to 27 January,
                                        18 April to 27 April, 18 July to
                                        27 July and 18 October to
                                        27 October (all dates inclusive)
                                        until      the       Applicable
                                        Redemption Date, or,
                                   (ii) 10 days prior to any Payment
                                        Day

Last Day to Register               17 January, 17 April, 17 July and
                                   17 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 27 January, 27 April, 27 July
                                   and 27 October, provided that the
                                   first Interest Payment Date shall be
                                   on 27 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                     IBL281

ISIN                               ZAG000200627
Aggregate Nominal Amount of Notes Outstanding R 42,060,589,015 (forty-two billion
in the Series including this issuance but excluding one sixty million five hundred and
all other issuances on this Issue Date              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: 26 October 2023
Debt Sponsor:
Investec Bank Limited
Bongani.Ntuli@investec.co.za