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JSE ELHSTA
SCIB
SCIB - The Standard Bank Of South Africa - Adjustments To The Terms And
Conditions Of The Ellerine Holdings Ltd Share Instalments
NOTICE OF ADJUSTMENT
The Standard Bank of South Africa Limited
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE ELLERINE HOLDINGS LTD SHARE
INSTALMENTS
Following the Ellerine Holdings LTD ("ELH") announcement where African Bank
Investments ("ABL") will merge with Ellerine Holdings LTD. Shareholders of ELH
will receive 2.55 ABL shares for every ELH share held. Share instalments
holders of ELHSTA will Receive 2.55 ABLSTC share instalments for every 1 ELHSTA
held.
Existing Instalment
JSE Exercise Conversion Expiry Exercise ISIN CODES
Code Price Ratio Style
ELHSTA R67.00 1 for 1 29 May 2008 American ZAE000096897
Call
New Instalment
JSE Code Exercise Conversion Expiry Exercise ISIN CODES
Price Ratio Style
ABLSTC R26.27 1 for 1 29 May 2008 American ZAE000114005
Call
The JSE Limited Issuer Services Division has approved the adjustment of the
above-mentioned share instalments, and the last day to trade to be eligible for
this corporate action will be 11th Jan 2008.
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: 14/01/2008 15:40:34 Produced by the JSE SENS Department.
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