NEDB - Nedbank Limited - Adjustment To The Terms A
JSE FSRNIDFSRNNA
NEDB
NEDB - Nedbank Limited - Adjustment To The Terms And Conditions of the Nedbank
Ltd Firstrand Share Instalment Warrants
NEDBANK LIMITED
FSRNID - ISIN: ZAE000094090
FSRNNA - ISIN ZAE000105284
Adjustment To The Terms And Conditions of the Nedbank Ltd Firstrand Share
Instalment Warrants
Firstrand Limited has recently declared a spin-off event. The Ratio is 5.61343
Discovery Holdings Limited shares for every 100 Firstrand Limited shares held.
The Last day to trade in the shares to still be eligible for the cash amount
is Friday, 16 November 2007.
Please note that the ratio of 5.61343 is an approximate rate and is subject to
change.
Holders of FSRNID and FSRNNA will be affected in the following manner:
For every 100 FSRNID or FSRNNA instalment warrants held, holders will receive
a cash payment equivalent to 5.61343 Discovery Holdings Limited shares. This
will be calculated on the closing price of Discovery Holdings Limited on
Monday, 19 November 2007.
The ex date will be Monday, 19 November 2007, and the cash payment will be
made to instalment holders on Monday, 26 November 2007.
The JSE Limited ("the JSE") Issuer Services Division has approved the
adjustment of the above-mentioned instalments.
For more information contact Nedbank Equity Derivatives on (011) 535 4030.
135 Rivonia Road, Sandton
29 October 2007
Sponsor Nedbank Capital
Regards
Yolanda Le Roux
Equity Capital Markets
Date: 29/10/2007 16:00:04 Produced by the JSE SENS Department.
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