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 – IBL245

Application has been made to the JSE Limited (“JSE”) for the listing of R65,000,000 (Sixty
Five Million Rand) senior unsecured floating rate Notes (stock code IBL245), under Investec
Bank Limited’s Domestic Medium Term Note and Preference Share Programme, dated 17
March 2021.

The IBL245 Notes will be issued to Noteholders on the date of listing being 17 August 2022
with effect from commencement of trade.

Salient features of the IBL245 Notes are listed below:

Issuer                                                   Investec Bank Limited

Instrument                                               Senior unsecured Notes

Issue Date                                               17 August 2022

Aggregate Nominal Amount of Tranche                      R65,000,000 (Sixty Five Million Rand)

Nominal Amount per Note                                  R1,000,000

Interest Rate                                            the Reference Rate

Margin                                                   2.10%

Reference Rate                                           ZAR-JIBAR-SAFEX           with      a
                                                         Designated Maturity of 3 months, plus
                                                         the Margin, subject to the Maximum
                                                         Interest Rate

Interest Determination Date                              means the Interest Commencement
                                                         Date and every Interest Payment
                                                         Date thereafter

Maximum Interest Rate                                    9.90% nacq

Maturity Date                                            17 August 2027

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 August 2022

Books Close Dates                                   The Register will be closed from 8
                                                    November to 17 November, 8
                                                    February to 17 February, 8 May to 17
                                                    May and 8 August to 17 August (all
                                                    dates inclusive) in each year until the
                                                    Applicable Redemption Date, or 10
                                                    days prior to any Payment Day

Last Day to Register                                7 November, 7 February, 7 May and
                                                    7 August 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                              17 November, 17 February, 17 May
                                                    and 17 August of each year, provided
                                                    that the first Interest Payment Date
                                                    shall be on 17 November 2022. 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 this
                                                    Applicable Pricing Supplement)

Business Day Convention                             Following Business Day

JSE Stock Code                                      IBL245

ISIN                                                ZAG000188962

Aggregate Nominal Amount of Notes Outstanding
in the Series including this issuance but           R49,103,777,515 (forty nine billion
excluding all other issuances on this Issue Date    one hundred and three million seven
                                                    hundred and seventy seven thousand
The Pricing Supplement does not contain any         five hundred and fifteen Rand)
additional terms and conditions or changes to the   including this Tranche of Notes but
terms and conditions as contained in the            excluding all other Notes and
Programme Memorandum.                               Programme       Preference   Shares
                                                    issued on the Issue Date

Investors should study the Applicable Pricing
Supplement for full details of the terms and
conditions applicable to these Notes.
Date: 16 August 2022
Debt Sponsor:
Investec Bank Limited
Bongani.Ntuli@investec.co.za