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JSE MTXIDC
INVS
MTXIDC - Investec Bank Limited - Notice of barrier for enhanced dividend
securities
INVESTEC BANK LIMITED
NOTICE OF BARRIER FOR ENHANCED DIVIDEND SECURITIES - MTXIDC
Share Metorex Limited
Strike Price R11.55
Stop-Loss Level R15.75
Expiry Date 20/08/2008
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 1,420,000
JSE Code MTXIDC ZAE000111738
Investec Bank Limited, as Issuers of the above MTXIDC, Enhanced Dividend
Security (EDS), would like to advise Holders that due to the breach of the stop
loss level of R15.75 in the Underlying Share, as of close of business Tuesday, 5
August 2008, the abovementioned Enhanced Dividend Security (EDS) has been
terminated.
Holders are now entitled to receive the Rebate Payment, represented by 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 R11.55. This amount will automatically accrue
to holders via instruction through STRATE.
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: 06/08/2008 10:04:03 Produced by the JSE SENS Department.
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