SCIB - The Standard Bank Of South Africa - Adjustments To The Terms And
JSE SBKSBLSBKSBKSBKSBNSBKSBM
SCIB
SCIB - The Standard Bank Of South Africa - Adjustments To The Terms And
Conditions Of The Standard Bank Standard Bank Group Call Warrants
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD BANK STANDARD BANK GROUP
CALL WARRANTS
Following the Standard Bank ("SBK") ICBC announcement, SBK share holders will
sell 11.11% of their shares held at a price of R136.00. Following this
announcement the Issuer will amend the Terms and Conditions in the following way
to ensure that the financial position of the warrant holder is unprejudiced:
Existing Terms
ISIN JSE Exercise Conversion Expiry Exercise Style
Code Price Ratio
ZAE000104931 SBKSBK R108.00 30:1 03-Apr-08 American Call
ZAE000112512 SBKSBL R112.00 30:1 09-Jul-08 American Call
ZAE000114179 SBKSBM R100.00 30:1 06-Aug-08 American Call
ZAE000115242 SBKSBN R90.00 30:1 06-Aug-08 American Call
New Terms
ISIN JSE Exercise Conversion Expiry Exercise Style
Code Price Ratio
ZAE000104931 SBKSBK R102.07 28.35:1 03-Apr-08 American Call
ZAE000112512 SBKSBL R105.85 28.35:1 09-Jul-08 American Call
ZAE000114179 SBKSBM R94.51 28.35:1 06-Aug-08 American Call
ZAE000115242 SBKSBN R85.06 28.35:1 06-Aug-08 American Call
The last day to trade to qualify for the deal is the 22 Feb 2008. The Effective
Date of the adjustment shall be 25th Feb 2008.
The JSE Limited (JSE) Issuer Services Division has approved the adjustment of
the above-mentioned warrants.
This Notice together with the Common Terms Document and Conditions Annexure
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, Conditions
Annexure and the relevant Supplements 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.
Date: 25/02/2008 09:12:23 Produced by the JSE SENS Department.
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