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 – IVC292

Application has been made to the JSE Limited (“JSE”) for the listing of R55,000,000 (fifty five
million Rand) senior unsecured floating rate credit linked Notes (stock code IVC292), under Investec
Bank Limited’s Credit Linked Note Programme dated 17 March 2021.

The IVC292 Notes will be issued to Noteholders on the date of listing being with effect from
28 March 2024 commencement of trade.

Salient features of the IVC292 Notes are listed below:

Issuer                                                       Investec Bank Limited

Principal Amount                                             R1,000,000 per Note on the Issue Date

Instrument                                                   Senior unsecured credit linked Notes

Issue Date                                                   28 March 2024

Nominal Amount per Note                                      R1,000,000

Interest Rate                                                JIBAR-SAFEX with a Designated
                                                             Maturity of 3 months plus a margin of:
                                                             1.60% (one-point six zero percent) for
                                                             the period beginning on and including
                                                             the Issue Date to but excluding the
                                                             Scheduled Maturity Date (adjusted in
                                                             accordance with the applicable
                                                             Business Day Convention)


Scheduled Maturity Date                                      20 July 2027

Optional Redemption Date (Call)                              N/A


Issue price per Note                                         100%

Final Redemption Amount per Note                             The outstanding Principal Amount per
                                                             Note (plus accrued unpaid interest, if
                                                             any, to the Scheduled Maturity Date)

Interest Commencement Date                                   Issue Date
Books Close Period                                       The Register will be closed from
                                                         (i)    10 April to 20 April,
                                                                10 July to 20 July, 11 October
                                                                to     20      October      and
                                                                10 January to 20 January, in
                                                                each year (all dates inclusive)
                                                                until      the      Applicable
                                                                Redemption Date; or
                                                         (ii)   10 (nine) days prior to any
                                                                Payment Day


Last Day to Register                                     9 April, 9 July, 9 October and
                                                         9 January in each year, or if such day is
                                                         not a Business Day, the Business Day
                                                         before each Books Closed Period, or, if
                                                         item 40(ii) above is applicable, the
                                                         Business Day immediately preceding
                                                         the commencement of the Books
                                                         Closed Period

Interest Payment Dates                                   Means 20 April, 20 July, 20 October
                                                         and 20 January in each year and the
                                                         Scheduled Maturity Date or, 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) with the first Interest
                                                         Payment             Date          being
                                                         20 April 2024


Business Day Convention                                  Following Business Day

JSE Stock Code                                           IVC292

ISIN                                                     ZAG000204140

Aggregate Nominal Amount of Notes Outstanding            ZAR12,838,252,406 (twelve billion
under the Programme after this issuance                  eight hundred and thirty eight million
                                                         two hundred and fifty-two thousand,
                                                         four hundred and six 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: 27 March 2024
Debt Sponsor:
Investec Bank Limited
Bongani.Ntuli@investec.co.za