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JSE PPCSBPPPCSBB
SCIB
SCIB - The Standard Bank Of South Africa Limited - Notice of adjustment
The Standard Bank of South Africa Limited
NOTICE OF ADJUSTMENT
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD BANK PRETORIA PORTLAND
CEMENT WARRANTS
Following the PRETORIA PORTLAND CEMENT ("PPC") announcement of a special
dividend of 61 cents per PPC share, notice is hereby given to warrantholders of
PPCSBB and PPCSBP that the Issuer will amend the terms and conditions of the two
warrants as indicated below, to place the warrantholder in the same financial
position they were prior to the return of premium.
Existing Terms
JSE Exercise Conversion Expiry Exercise ISIN CODES
Code Price Ratio Style
PPCSBB R46.00 9 for 1 16 Jan 2008 American ZAE000101994
Call
PPCSBP R42.00 10 for 1 6 Mar 2008 European Put ZAE000103271
New Terms
JSE Exercise Conversion Expiry Exercise Style ISIN CODES
Code Price Ratio
PPCSBB R45.39 8.88 for 1 16 Jan 2008 American Call ZAE000101994
PPCSBP R41.45 9.87 for 1 6 Mar 2008 European Put ZAE000103271
The JSE Limited Issuer Services Division has approved the adjustment of the
above-mentioned warrants, and the Effective Date of the adjustment will be 28
December 2007.
This Notice together with the Common Terms Document, Conditions Annexure and the
relevant Supplements 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 and Conditions Annexure 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.
Copies of the warrant issue
documentation may be obtained
from:
The Standard Bank Of South
Africa Limited.
(Registration Number
1962/000738/06)
3 Simmonds Street
Johannesburg
2001
For further information contact
:
Standard Bank Warrants
Tel 0800 111 780
e-mail:
derivatives@standardbank.co.za
Sponsor :
Standard Financial Markets (Pty)
Ltd
(Registration Number:
1972/008305/07)
An authorised user of the JSE
Limited
Date: 28/12/2007 13:58:02 Produced by the JSE SENS Department.
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howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
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