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 – IVC296

Application has been made to the JSE Limited (“JSE”) for the listing of R30,000,000 (thirty
million Rand) senior unsecured floating rate credit linked Notes (stock code IVC296), under
Investec Bank Limited’s Credit Linked Note Programme dated 17 March 2021.

The IVC296 Notes will be issued to Noteholders on the date of listing being with effect from
30 April 2024 commencement of trade.

Salient features of the IVC296 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                                               30 April 2024

Nominal Amount per Note                                  R1,000,000

Interest Rate                                            ZAR-JIBAR-SAFEX        with   a
                                                         Designated Maturity of 3 months
                                                         plus the Margin

Margin                                                   1.65% (one point six five percent)
                                                         for the period beginning on and
                                                         including the Issue Date to but
                                                         excluding Scheduled Maturity Date;


Scheduled Maturity Date                                  30 April 2027

Optional Redemption Date (Call)                          N/A

Issue price per Note                                     100%

Final Redemption Amount per Note                         The Principal Amount per Note (plus
                                                         accrued unpaid interest, if any, to
                                                         but excluding the Scheduled
                                                         Maturity Date)
Interest Commencement Date                          Issue Date

Books Close Period                                  From     21    to    30    January,
                                                    21 to 30 April, 21 to 30 July and
                                                    21 to 30 October in each year until
                                                    the Applicable Redemption Date, or
                                                    9 (nine) days prior to any Payment
                                                    Day

Last Day to Register                                20 January, 20 April, 20 July and
                                                    20 October in each year, 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 30 January, 30 April, 30 July
                                                    and 30 October in each year or, if
                                                    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 30 July 2024
Business Day Convention                             Following Business Day

JSE Stock Code                                      IVC296

ISIN                                                ZAG000205063

Aggregate Nominal Amount of Notes Outstanding       ZAR12,994,252,406 (twelve billion
under the Programme after this issuance             nine hundred and ninety four 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: 29 April 2024
Debt Sponsor:
Investec Bank Limited
Bongani.Ntuli@investec.co.za