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JSE JCMSIC
SCIB
SCIB - Standard Bank - Adjustments To The Terms And Conditions Of The
Standard Bank Avusa Ltd Share Instalments
The Standard Bank of South Africa Limited
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD BANK AVUSA LTD SHARE
INSTALMENTS
Following the AVUSA Ltd ("BAW") Naspers Ltd ("NPN") unbundling announcement,
AUA share holders will receive 0.2011793 Naspers Ltd ("NPN") share for every
1 AUA shares held.
Following this announcement, notice is hereby given that holders of 1 AVUSA
Ltd share instalments ("JCMSIC") prior to the unbundling will receive
0.2011793 Naspers Ltd share instalments ("NPNSIC"). The terms of the JCMSIC
and new NPNSIC share instalments will be adjusted to place the share
instalment in the same financial position they were prior to the unbundling.
The terms of the new share instalments shall be determined at the close of
business on 13th December 2007.
The following share instalments will be affected by this corporate action:
Existing Terms
ISIN JSE Exercise Conversion Expiry Exercise Style
Code Price Ratio
ZAE000095311 JCMSIC 48.00 1:1 29-May-2008 American Call
New Terms
ISIN JSE Exercise Conversion Expiry Exercise Style
Code Price Ratio
ZAE000095311 JCMSIC TBA 1:1 29-May-2008 American Call
ZAE000112066 NPNSIC TBA 1:1 29-May-2008 American Call
The last day to trade to qualify for the unbundling is the 13th December
2007. The Effective Date of the adjustment shall be 14th December 2007.
The JSE Limited (JSE) Issuer Services Division has approved the adjustment
of the above-mentioned share instalments.
This Notice together with the Common Terms Document and Conditions Annexure
record the terms and conditions of the agreement between the Parties. Any
terms used in this Notice which are defined in the Common Terms Document,
Conditions Annexure and the relevant Supplements shall bear the meaning
ascribed to them therein, unless specifically stated otherwise herein.
Other than as set out herein, the terms and conditions set out in the Common
Terms Document, Conditions Annexure and relevant Supplements remain
unchanged and in full force and effect.
Please note that Share Instalments are subject to selling restrictions and
prospective purchases are referred to the relevant Conditions Annexure for
details of such restrictions.
Date: 10/12/2007 14:39:02 Produced by the JSE SENS Department.
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