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Tue 17 Feb 2009, 7:30 INVS - Investec Bank Limited - Adjustment to the Exercise Price as of 16/02/2009
JSE   RDFIVCRDFIVB
INVS                                                                            
INVS - Investec Bank Limited - Adjustment to the Exercise Price as of 16/02/2009
Investec Bank Limited                                                           
Investec Variable Strike Warrants: Adjustment to the Exercise Price as of       
16/02/2009                                                                      
 Share               Adjusted         Expiry Date       Cover                   
                     Exercise Price                     Ratio                   
                     per Share                                                  

 Redefine Income     R1.6284          19/07/2016        1:1                     
 Fund Limited                                                                   
 Redefine Income     R2.1358          10/09/2016        1:1                     
Fund Limited                                                                   
Table Continues:.                                                               
 Call/Put    Style        Issue Size     JSE Code                               
                                                                                
Call        European     10 Million     RDFIVB ZAE000081816                    
 Call        European     5 Million      RDFIVC ZAE000084489                    
As a result of the Recalculation based on Interest Distribution an adjustment   
has been made to the exercise prices of the above-mentioned Variable Strike     
warrants.  These adjustments are effective from 16 February 2009.  The warrant  
is exercisable only in accordance with the terms and conditions as set out in   
the relevant offering circular.                                                 
Copies of the offering circular may be obtained from:                           
Investec Bank Limited                                                           
100 Grayston Drive                                                              
Sandown                                                                         
Sandton                                                                         
2196                                                                            
For further information contact:                                                
Investec Warrants                                                               
Tel.: 286-4742                                                                  
E-mail: warrants@investec.co.za                                                 
Internet: www.investecwarrants.com                                              
Sponsor                                                                         
Investec Securities Limited                                                     
Member of the JSE                                                               
Registration number. 1972/008905/06)                                            
Date: 17/02/2009 07:30:02 Produced by the JSE SENS Department.                  
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