SBTPV1CSLSIB
SCIB
SCIB - Standard Bank - Correction of announcement issued on 29 March 2007 -
Treatment of the Consol Ltd corporate action
The Standard Bank of South Africa Limited
Correction of announcement issued on 29 March 2007
TREATMENT OF THE CONSOL LTD CORPORATE ACTION
Terms
ISIN JSE Exercise Conversion Expiry Exercise
Code Price Ratio Style
ZAE000079927 CSLSIB 7.50 1for1 18-May-07 American
Call
Following the Consol Limited ("CSL") delisting announcement, share holders
of Consol Limited will receive a cash payment of 1959 cents per share.
Holders of the Consol Limited Share Instalment ("CSLSIB") will receive a
cash payout of 1209 cents per Share Instalment.
The Share Instalment payout is calculated as follows:
1959 - 750 = 1209 cents
The payment will occur on Tuesday 10th April 2007.
Trading in the Share Instalment ("CSLSIB") has been suspended as of 26th
March 2007, the last day to trade in the Share Instalment would have been
23rd March 2007 with the record date being the 30th March 2007, the Share
Instalment will early terminate on the 10th April 2007.
For further information contact:
Standard Bank Warrants
Tel 0800 111 780 Email: derivatives@standardbank.co.za
Sponsor: Standard Bank
Date: 30/03/2007 11:46:52 Produced by the JSE SENS Department.
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