INVS - Investec Bank Limited - Expiry of hot enhanced dividend securities 16 May 2012 INVESTEC BANK LIMITED - EXPIRY OF HOT ENHANCED DIVIDEND SECURITIES 16 MAY 2012 Share FirstRand Limited Sasol Limited Strike Price R15.00 R264.00 Stop-Loss Level R17.00 R299.00 Expiry Date 16/5/2012 16/05/2012 Cover Ratio 1:1 1:1 Call/Put Call Call Style American American Issue Size 4,250,000 600,000 JSE Code FSRIHH ZAE000156667 SOLIHH ZAE000156691 Share MTN Group Limited Shoprite Holdings Limited Strike Price R106.00 R75.50 Stop-Loss Level R120.50 R85.50 Expiry Date 16/05/2012 16/05/2012 Cover Ratio 1:1 1:1 Call/Put Call Call Style American American Issue Size 2,500,000 600,000 JSE Code MTNIHH ZAE000156675 SHPIHD ZAE000156683 Investec Bank Limited, as Issuers of the above Hot Enhanced Dividend Securities (HOT EDS), hereby reminds holders of their imminent option expiry on 16 May 2012 (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 Should holders choose to expire the "Existing" Hot EDS they should notify the Investec Equity Derivatives Desk before 12:00 hours, Wednesday 9 May 2012. The "Existing" Hot EDS will expire at full intrinsic value on the respective expiry date. A cash settlement amount representing the number of Hot EDS 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. 3 Should holders not choose either option 1 or 2, Investec will make arrangement to buy-back the "Existing" Hot EDS and sell the "New" Hot EDS. (The "New" Hot EDS, will be listed on Wednesday 9 May 2012) This will be done on an optimal ratio basis, a cash distribution of any difference between the intrinsic value inherent to the "Existing" Hot EDS and the "New" Hot EDS will accrue to the client. 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 Limited Member of the JSE Registration number. 1972/008905/06) Date: 02/05/2012 11:17:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.