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JSE JCMSIC
SCIB
SCIB - The Standard Bank of South Africa - 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
Code Price Ratio Style
ZAE000095311 JCMSIC R48.00 1:1 29-May-2008 American
Call
New Terms
ISIN JSE Exercise Conversion Expiry Exercise
Code Price Ratio Style
ZAE000095311 JCMSIC R29.69 1:1 29-May-2008 American
Call
ZAE000112066 NPNSIC R91.03 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: 14/12/2007 12:53:16 Produced by the JSE SENS Department.
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