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JSE BAWIDD
INVS
BAWIDD - Investec Bank - Rebate Payment For Enhanced Dividend Securities
INVESTEC BANK LIMITED
Share Barloworld Limited
Strike Price R68.75
Stop-Loss Level R94.00
Expiry Date 15/10/2008
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 1.5 Million
JSE Code BAWIDD ZAE000108650
Investec Bank Limited, as Issuers of the above BAWIDD, Enhanced Distribution
Security (EDS), advised Holders of the breach of the stop loss level of
R94.00 in the Underlying Share, as of close of business Monday, 7 January
2008 the abovementioned Enhanced Distribution Security (EDS) has been
terminated.
The Rebate Payment, represents the number of EDS held on the termination
date, multiplied by the excess of the simple average of the Volume Weighted
Average Price ("VWAP") of the Underlying Share over the two Business Days
following the Termination Date over the Exercise Price (Strike Price) of
R68.75. This amount will automatically accrue to holders via instruction
through STRATE.
The VWAP Average on Tuesday, 8 January 2008 = 9419.12 cents
The VWAP Average on Wednesday, 9 January 2008 = 9191.24 cents
The 2 day VWAP average = 9305.18 cents
Rebate payment of 2430.18 cents
Holders will receive R24.30 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 10:53:41 Produced by the JSE SENS Department.
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