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JSE
INVS
MVLIHA - Investec Bank Limited - Termination of the hot enhanced dividend
security (Hot EDS)
INVESTEC BANK LIMITED
Termination Of The Hot Enhanced Dividend Security (Hot EDS) - ("MVLIHA")
Share Mvelaphanda Resources Limited
Strike Price R41.50
Stop-Loss Level R47.20
Expiry Date 15/05/2008
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 200,000
JSE Code MVLIHA
Investec Bank Limited, as Issuers of the above MVLIHA, Hot Enhanced Dividend
Security (HOT EDS), would like to advise Holders that due to the breach of the
stop loss level of R47.20 in the Underlying Share, at the close of business on
Wednesday, 21 November 2007, the abovementioned Hot Enhanced Dividend Security
(HOT EDS) has been terminated.
Holders are now entitled to receive the Rebate Payment, represented by the
number of Hot EDS held on the termination date, multiplied by the excess of
the simple average of the Volume Weighted Average Price ("VWAP") of the
Underlying Share over the two Business Days following the Termination Date
over the Exercise Price (Strike Price) of R41.50. This amount will
automatically accrue to holders via instruction through STRATE.
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.: 011 286-4672
E-mail: warrants@investec.co.za
Internet: www.investecwarrants.com
Sponsor
Investec Securities Limited
Member of the JSE
Registration number. 1972/008905/06)
Date: 22/11/2007 14:18:02 Produced by the JSE SENS Department.
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