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Mon 17 Sep 2007, 15:20 DEUT - Deutsche Bank AG - The Bidvest Group Ltd Wa
JSE   BVTDBQBVTDBCBVTDBBBVTDBR
 DEUT                                                                            
DEUT - Deutsche Bank AG - The Bidvest Group Ltd Warrant Notice                  
Deutsche Bank AG                                                                
THE BIDVEST GROUP LTD WARRANT NOTICE                                            
Holders of the Warrants below are referred to the notice to shareholders of The 
Bidvest Group Ltd, regarding the The Bidvest Group Ltd capital reduction.       
Due to the capital reduction on BVT (ex capital reduction date: 17/09/2007), the
following changes to the strike and cover ratio for the below BVT warrants will 
take place on Monday morning, 17 September 2007:                                
Deutsche Bank AG will make the following adjustments to the terms and conditions
of the Warrant below:                                                           
Previous Parameters                                                             
Code     ISIN Code      Type  Expiry         Previous   Previous               
                                              Strike/    Cover                  
                                              Barrier    Ratio                  
                                              Price                             
BVTDBB   DE000DB9DBS8   AC    24-Jan-2008    160.00     20.00                  
 BVTDBC   DE000DB9DDT2   AC    13-Mar-2008    145.00     25.00                  
 BVTDBQ   DE000DB9DBT6   EP    24-Jan-2008    135.00     20.00                  
 BVTDBR   DE000DB9DDU0   EP    13-Mar-2008    122.00     25.00                  
Adjusted Parameters                                                             
 Code     ISIN Code      Type  Expiry         Adjusted   Adjusted               
                                              Strike/    Cover                  
                                              Barrier    Ratio                  
Price                             
 BVTDBB   DE000DB9DBS8   AC    24-Jan-2008    157.1407   19.6426                
 BVTDBC   DE000DB9DDT2   AC    13-Mar-2008    142.4088   24.5532                
 BVTDBQ   DE000DB9DBT6   EP    24-Jan-2008    132.5875   19.6426                
BVTDBR   DE000DB9DDU0   EP    13-Mar-2008    119.8198   24.5532                
The above adjustments will be made from the start of trading on 17 September    
2007.                                                                           
The effects of the adjustments will place the holders in the same position, had 
the corporate action not taken place.                                           
For further information contact Deutsche Securities (Pty) Limited, 3 Exchange   
Square, 87 Maude Street, Sandton: (Tel (011) 775-7994 or e-mail x-              
markets@db.co.za)                                                               
Date: 17/09/2007 15:20:01 Produced by the JSE SENS Department.                  
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