Investec : Publication of a Prospectus

Date: 3 October 2017

As part of the dual listed company structure, Investec plc and Investec Limited notify both the London Stock Exchange and the JSE Limited of matters which are required to be disclosed under the Prospectus Rules of the United Kingdom Listing Authority (the 'UKLA') and/or the JSE Listing Requirements.

Re: Prospectus in respect of the £250,000,000 Fixed Rate Reset Perpetual Additional Tier 1 Write Down Capital Securities (the 'Prospectus')

The Prospectus was approved on 3 October 2017 by the UKLA and is available for viewing.

Copies of the Prospectus are available at:

i. the registered office of the Issuer, Investec plc, at 2 Gresham Street, London EC2V 7QP; and

ii. the office of Deutsche Bank AG London Branch at Winchester House, 1 Great Winchester House, London EC2N 2DB, United Kingdom as Principal Paying Agent in respect of the £250,000,000 Fixed Rate Reset Perpetual Additional Tier 1 Write Down Capital Securities.

Alternately, please click on the link below to see the Prospectus:

http://www.rns-pdf.londonstockexchange.com/rns/5783S_-2017-10-3.pdf

The Prospectus has also been submitted to the National Storage Mechanism and will shortly be available for inspection at: http://www.morningstar.co.uk/uk/NSM.

DISCLAIMER - INTENDED ADDRESSEES

Please note that the information contained in the Prospectus, including any document incorporated by reference therein may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Prospectus) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom any offer contained in the Prospectus is not addressed. Prior to relying on the information contained in the Prospectus, you must ascertain from the Prospectus whether or not you are one of the intended addressees of the information contained therein.

Your right to access this service is conditional upon complying with the above requirement.

Johannesburg and London

3 October 2017

Sponsor:

Investec Bank Limited