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Mon 27 Aug 2007, 15:23 INVESTEC BANK LIMITED - Adjustment to the terms an
JSE   MLAIBQMLAIBH
 INVS                                                                            
INVESTEC BANK LIMITED - Adjustment to the terms and conditions of the Mittal    
Steel SA Limited stock warrants ("MLAIBH" & "MLAIBQ")                           
INVESTEC BANK LIMITED - ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE MITTAL    
STEEL SA LIMITED STOCK WARRANTS ("MLAIBH" & "MLAIBQ")                           
Share                       Mittal Steel SA      Mittal Steel SA Limited        
                           Limited                                              
Expiry Date                 18/09/2007           18/09/2007                     
Old Strike Price            R140.00              R110.00                        
New Strike Price            R128.72              R101.14                        
Old Cover Ratio             25:1                 20:1                           
New Cover Ratio             22.99:1              18.39:1                        
Call/ Put                   Put                  Call                           
Style                       European             American                       
JSE Code                    MLAIBH ZAE000094967  MLAIBQ ZAE000094975            
Please be advised that following the Mittal Steel SA Limited announcement of a  
Capital Reduction of R10.21 per MLA share, Investec are advising warrant holders
that an adjustment has been made to the terms and conditions of the above-      
mentioned stock warrants (MLAIBH and MLAIBQ) as of Monday, 27 August 2007.      
The warrant is exercisable only in accordance with the terms and conditions as  
set out in the relevant offering circular.                                      
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.: 0860 103 343                                                              
E-mail: warrants@investec.co.za                                                 
Internet: www.investecwarrants.com                                              
Sponsor                                                                         
Investec Securities Limited                                                     
Member of the JSE                                                               
Registration number. 1972/008905/06)                                            
Date: 27/08/2007 15:23:05 Produced by the JSE SENS Department.                  
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