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JSE
INVS
LBTIDB - Investec Bank Limited - Rebate Payment For Enhanced Dividend Securities
Investec Bank Limited
Share Liberty International
Plc
Strike Price R88.50
Stop-Loss Level R132.75
Expiry Date 15/05/2008
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 500,000
JSE Code LBTIDB/ZAE00094660
Investec Bank Limited, as Issuers of the above LBTIDB, Enhanced Distribution
Securities ("EDS") advised Holders of the breach of the stop loss level of
R132.75 in the Underlying Share, at the close of business on Wednesday, 9
January 2008. LBTIDB has since has been terminated.
The Rebate payment represents the number of EDS held on 9 January 2008,
multiplied by the excess of the simple average of the Volume Weighted Average
Price ("VWAP") of the Underlying Parcel over the two Business Days following the
Termination Date, over the Exercise Price (Strike Price) of R88.50. This amount
will automatically accrue to holders via instruction to STRATE.
The VWAP Average on Thursday, 10 January 2008 = 12903 cents
The VWAP Average on Friday, 11 January 2008 = 12630.4 cents
The 2 day VWAP average = 12766.7 cents
Rebate payment of 3917 cents
Holders will receive R39.17 cents for every warrant held.
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: 16/01/2008 10:51:19 Produced by the JSE SENS Department.
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