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JSE AGLAICAGLABJ
ACMB
ACMB - Absa - Amendments to the Terms And Conditions of the Call Warrant
Relating to the Ordinary Shares of Anglo American Plc
Absa Bank Limited
AMENDMENTS TO THE TERMS AND CONDITIONS OF THE CALL WARRANT RELATING TO THE
ORDINARY SHARES OF ANGLO AMERICAN PLC
Following the announcement whereby holders of Anglo American plc (AGL) shares
will receive 0.91 Anglo American Plc (AGL), 0.1 Mondi Limited (MND) and 0.25
Mondi plc (MNP) shares for every Anglo American plc (AGL) share held, Absa Bank
Ltd (the Issuer) will amend the conditions of the warrants listed below in the
following way.
Before Adjustment
Underlying Warrant Type Expiry ISIN Cover Strike
Share
1 Anglo Ltd AGLABJ AC 10 OCT 07 ZAE000093811 90 39000
Share
Underlying Share Type Expiry ISIN Cover Loan
Share Instalment Amount
1 Anglo Ltd AGLAIC AC 29 AUG 07 ZAE000085163 1 16400
Share
After Adjustment
Underlying Warrant Type Expiry ISIN Cover Strike
Basket
0.91 AGL + AGLABJ AC 10 OCT 07 ZAE000093811 90 39000
0.1 MND +
0.25 MNP
Underlying Share Type Expiry ISIN Cover Strike
Basket Instalment
0.91 AGL + AGLAIC AC 29 AUG 07 ZAE000085163 1 16400
0.1 MND +
0.25 MNP
Example
A Warrant holder of 90 AGLABJ Warrants currently has the right to purchase 1
Anglo Ltd share at an Exercise Price of R390,00 each, a total outlay of
R390,00. After the adjustment, a holder of 90 AGLABJ Warrants will instead
have the right to purchase a basket of 0.91 AGL shares and 0.1 Mondi Ltd (MND)
shares and 0.25 Mondi plc (MNP) shares at an Exercise Price of R390,00 per
basket, also a total outlay of R390,00.
The effect of the abovementioned adjustment is to place the warrant and share
instalment holders in the same position they would have been in had the
unbundling not taken place. This adjustment will be effective from 2 July 2007.
For further information contact
Absa Equity Derivatives
Tel: (011) 221 9083/4/5
e-mail: derivatives@absa.co.za
Sponsor
Absa Capital - Corporate Finance
A division of Absa Bank Limited
Reg. No. 1986/004794/06"
Date: 29/06/2007 14:56:01 Produced by the JSE SENS Department.
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