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Thu 19 Feb 2015, 11:16 INVESTEC BANK LIMITED - SHPIHG - expiry notice
SHPIHG 201502190021A
SHPIHG - expiry notice

INVESTEC BANK LIMITED

EXPIRY OF HOT ENHANCED DIVIDEND SECURITIES 27 FEBRUARY 2015


Share                                 SHOPRITE HOLDINGS LIMITED



Strike Price                          R 106.70
Stop-Loss Level                       R 121.00
Expiry Date                           27/02/2015
Cover Ratio                           1:1

Call/Put                              Call
Style                                 American
Issue Size                            600,000
JSE Code                              SHPIHG ZAE000188819


Investec Bank Limited (“Investec”), as Issuers of the above Hot Enhanced Dividend Securities (HotEDS), hereby
reminds holders of their imminent option expiry on 27 February 2015 (see the related securities above).

1.             Holders may choose to exercise and pay the Exercise Price (Strike Price) in order to receive the
               underlying securities on or before 12:00 hours, one business day prior to the Expiry Date.

2.           Please be advised that should Investec not receive any instruction from holders with regard to the aforesaid
             option to exercise, the “Existing” HotEDS will expire on the respective expiry date. A cash settlement
             amount representing the number of HotEDS held on that date multiplied by the excess of the simple
             average of the Volume Weighted Average Price (“VWAP”) of the Underlying Parcel over the two Business
             Days following the Expiry Date, over the Exercise Price (Strike Price) will automatically accrue to the holder
             via instruction through STRATE.

19 February 2015

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.: 011 286-4672
         E-mail: warrants@investec.co.za
         Internet: www.investec.com

Sponsor
           Investec Securities (Pty) Ltd
           Member of the JSE
           Registration number. 1972/008905/07)

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