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JSE MNDIHA
INVS
MNDIHA - Investec Bank Limited - Rebate Payment For Hot Enhanced Dividend
Securities
INVESTEC BANK LIMITED
Share Mondi Limited
Strike Price R49.47
Stop-Loss Level R56.07
Expiry Date 03/07/2008
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 150,000
JSE Code MNDIHA ZAE000101614
Investec Bank Limited, as Issuers of the above MNDIHA, Hot Enhanced
Distribution Security (HOT EDS), advised Holders that due to the breach of
the stop loss level of R56.07 in the Underlying Share, as of close of
business Tuesday, 22 January 2008 the abovementioned Hot Enhanced
Distribution Security (HOT EDS) has been terminated.
The Rebate Payment, represents the number of HOT 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
R49.47. This amount will automatically accrue to holders via instruction
through STRATE.
The VWAP on Wednesday, 23 January 2008 = 5893.77 cents
The VWAP on Thursday, 24 January 2008 = 5887.26 cents
The simple average of the 2 day VWAP = 5890.515 cents
Rebate payment of 943.515 cents
Holders will receive R9.44 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: 25/01/2008 11:31:58 Produced by the JSE SENS Department.
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