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 – IBL283

Application has been made to the JSE Limited (“JSE”) for the listing of R100,000,000 (one
hundred million Rand) senior unsecured Floating Rate Notes (stock code IBL283), under
Investec Bank Limited’s Domestic Medium Term Note and Preference Share Programme,
dated 17 March 2021.

The IBL283 Notes will be issued to Noteholders on the date of listing being
17 January 2024 with effect from the commencement of trade.

Salient features of the IBL283 Notes are listed below:

Issuer                                                   Investec Bank Limited

Instrument                                               Senior Unsecured Notes

Issue Date                                               17 January 2024

Aggregate Nominal Amount                                 R100,000,000 (one hundred 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,
                                                         for the period from and including the
                                                         Issue Date to, but excluding, the
                                                         Interest     Payment      Date      of
                                                         17 January 2029


Margin                                                   1.25%

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                                            17 January 2029

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                          17 January 2024

Books Close Dates                                   The Register will be closed from
                                                    (i) 8 April to 17 April, 8 July to
                                                         17 July, 8 October to
                                                         17 October and 8 January to
                                                         17 January (all dates inclusive)
                                                         until     the        Applicable
                                                         Redemption Date, or,
                                                    (ii) 10 days prior to any Payment
                                                         Day

Last Day to Register                                7 April, 7 July, 7 October and
                                                    7 January 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                              17 April, 17 July, 17 October and
                                                    17 January, provided that the first
                                                    Interest Payment Date shall be on
                                                    17 April 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                                      IBL283

ISIN                                                ZAG000202425


Aggregate Nominal Amount of Notes Outstanding R43,810,589,015 (forty three 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: 16 January 2024
Debt Sponsor:
Investec Bank Limited
Bongani.Ntuli@investec.co.za