SCIB - Standard Bank - Adjustments to the terms an
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SCIB
SCIB - Standard Bank - Adjustments to the terms and conditions of the Standard
Bank Telkom Group Limited Warrant
The Standard Bank of South Africa Limited
PRESS ANNOUNCEMENT
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD BANK TELKOM GROUP
LIMITED WARRANT
Prior Terms
JSE Code Exercise Conversion Expiry Exercise ISIN CODES
Price Ratio Style
TKGSBC R150.00 35 for 1 3 Jul 2007 American Call ZAE000066304
TKGSBD R180.00 35 for 1 2 Aug 2007 American Call ZAE000093100
TKGSBY R150.00 28 for 1 2 Aug 2006 European Put ZAE000092839
Following the Telkom Group Limited ("TKG") announcement of a 500c special
dividend of TKG, the Issuer will amend the Terms and Conditions in the following
way to ensure that the financial position of the warrant holder is unprejudiced.
New Terms
JSE Code Exercise Conversion Expiry Exercise ISIN CODES
Price Ratio Style
TKGSBC R145.61 33.98 for 1 3 Jul 2007 American Call ZAE000066304
TKGSBD R174.74 33.98 for 1 2 Aug 2007 American Call ZAE000093100
TKGSBY R145.61 27.18 for1 2 Aug 2006 European Put ZAE000092839
The Issuer services division of the JSE Limited has approved the adjustment of
the above-mentioned warrants, and the adjustments will be effective from 2 July
2007.
-end-
Date: 02/07/2007 11:22:08 Produced by the JSE SENS Department.
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