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Thu 5 Apr 2012, 7:05 INVS - Investec Bank Limited - The Issue of Variable Strike Securities
JSE
INVS                                                                            
INVS - Investec Bank Limited - The Issue of Variable Strike Securities          
Investec Variable Strike Securities:  Commencement Date: 5 April 2012           
Share               Growthpoint            Investec Property Fund               
Properties Limited     Limited                               
Strike Price        R11.50                 R7.00                                
                                                                                
Expiry Date         2022/04/01             2022/04/01                           

Cover Ratio         1:1                    1:1                                  
                                                                                
Call/Put            Call                   Call                                 

Style               European               European                             
                                                                                
Issue Size          11,500,000             40,000                               
JSE Code            GRTIVD ZAE000166419    IPFIVB ZAE000166427                  
The JSE Limited ("JSE") has approved the listing of the abovementioned          
warrants and trading will commence on Thursday, 5 April 2012.  All members      
of the JSE may participate in trading, which will occur according to normal     
JSE Rules.                                                                      
No emigrants or non-residents, both referred to as Restricted Shareholders,     
may participate in the Variable Strike Securities programme.  As the            
Warrants have been dematerialised, settlement will be effected                  
electronically through the STRATE system of the JSE and accordingly,            
certificates evidencing the Warrants will not be issued to Holders.             
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.: 0860 103 343                                                          
    E-mail: warrants@investec.co.za                                             
Internet: www.investecwarrants.com                                          
Sponsor                                                                         
    Investec Securities Limited                                                 
    Member of the JSE                                                           
Registration number. 1972/008905/06)                                        
Date: 05/04/2012 07:05:04 Produced by the JSE SENS Department.                  
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