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 – IBL282

Application has been made to the JSE Limited (“JSE”) for the listing of R280,000,000 (two
hundred and eighty million Rand) senior unsecured Floating Rate Notes (stock code
IBL282), under Investec Bank Limited’s Domestic Medium Term Note and Preference Share
Programme, dated 17 March 2021.

The IBL282 Notes will be issued to Noteholders on the date of listing being
1 November 2023 with effect from the commencement of trade.

Salient features of the IBL282 Notes are listed below:

Issuer                                                   Investec Bank Limited

Instrument                                               Senior unsecured Notes

Issue Date                                               1 November 2023

Aggregate Nominal Amount                                 R280,000,000 (two hundred and
                                                         eighty million Rand)

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

Interest Rate                                            The Notes will be Floating Rate
                                                         Notes with the Interest Rate being
                                                         the Reference Rate plus the Margin,
                                                         subject to a Maximum Rate of
                                                         9.35% NACQ for the period from
                                                         and including the Issue Date to, but
                                                         excluding, the Interest Payment
                                                         Date of 1 November 2028


Margin                                                   1.35%

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                                            1 November 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         1 November 2023

Books Close Dates                  The Register will be closed from
                                   (i) 23 January to 1 February,
                                        22 April to 1 May, 23 July to
                                        1 August and 23 October to
                                        1 November (all dates
                                        inclusive) until the Applicable
                                        Redemption Date, or,
                                   (ii) 10 days prior to any Payment
                                        Day

Last Day to Register               22 January, 21 April, 22 July and
                                   22 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                               1 February, 1 May, 1 August and
                                                     1 November, provided that the first
                                                     Interest Payment Date shall be on
                                                     1 February 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                                       IBL282

ISIN                                                 ZAG000200718


Aggregate Nominal Amount of Notes Outstanding R42,340,589,015 (forty two billion
in the Series including this issuance but excluding three hundred and forty 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: 31 October 2023
Debt Sponsor:
Investec Bank Limited
Bongani.Ntuli@investec.co.za