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JSE NEDIDC
INVS
NEDIDC - Investec Bank Limited - Rebate Payment For Enhanced Dividend Securities
INVESTEC BANK LIMITED - REBATE PAYMENT FOR ENHANCED DIVIDEND SECURITIES - NEDIDC
Share Nedbank Group Limited
Strike Price R80.25
Stop-Loss R109.50
Level
Expiry Date 15/10/2008
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 1.5 Million
JSE Code NEDIDC ZAE000108791
Investec Bank Limited, as Issuers of the above NEDIDC, Enhanced Distribution
Security (EDS), advised Holders that due to the breach of the stop loss level of
R109.50 in the Underlying Share, as of close of business Thursday, 31 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 R80.25. This amount
will automatically accrue to holders via instruction through STRATE.
The VWAP on Friday, 1 February 2008 = 11153.9 cents
The VWAP on Monday, 4 February 2008 = 11681.9 cents
The 2 day VWAP = 11417.9
Rebate payment of 3392.9 cents
Holders will receive R33.93 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: 05/02/2008 13:09:20 Produced by the JSE SENS Department.
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