NEDB - Nedbank - Adjustments to the terms and cond
JSE
NEDB
NEDB - Nedbank - Adjustments to the terms and conditions of the Standard Bank
Group Ltd warrants
Nedbank Limited
Following the Standard Bank Group Ltd (SBK) announcement of a return of Premium
of R1.00 per SBK share. Notice is hereby given to warrant holders of the
following Nedbank warrants:
CODE CALL / PUT EXPIRY STRIKE RATIO
SBKNBL CALL 28/09/2007 12200 30
SBKNBM CALL 14/12/2007 11000 25
SBKNBQ PUT 28/09/2007 9500 20
SBKNBR PUT 14/12/2007 8800 20
The issuer will amend the terms and conditions of these warrants, to place the
warrant holder in the same financial position they were prior to the return of
premium.
Adjusted Warrant Details
CODE CALL / PUT EXPIRY NEW STRIKE NEW RATIO
SBKNBL CALL 28/09/2007 120.77 29.70
SBKNBM CALL 14/12/2007 108.89 24.75
SBKNBQ PUT 28/09/2007 94.04 19.80
SBKNBR PUT 14/12/2007 87.11 19.10
The above changes will take effect as of the 10/09/2007.
The JSE Limited ("The JSE") Issuer Services Division has approved the adjustment
of the above-mentioned warrants.
Date: 10/09/2007 15:50:23 Produced by the JSE SENS Department.
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