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JSE ANGIHC
INVS
ANGIHC - Investec Bank Limited - Rebate payment for hot enhanced dividend
securities
Investec bank limited
Rebate payment for hot enhanced dividend securities - ANGIHC
Share AngloGold Ashanti Limited
Strike Price R184.24
Stop-Loss Level R218.16
Expiry Date 19/11/2008
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 400,000
JSE Code ANGIHC ZAE000115424
Investec Bank Limited, as Issuers of the above ANGIHC, Hot Enhanced Distribution
Security (HOT EDS), advised Holders that due to the breach of the stop loss
level of R184.24 in the Underlying Share, as of close of business Monday, 11
August 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
R184.24. This amount will automatically accrue to holders via instruction
through STRATE.
The VWAP on Tuesday, 12 August 2008 = 20257.4cents
The VWAP on Wednesday, 13 August 2008 = 21573.6 cents
The 2 day VWAP = 20915.5
Rebate payment of 2491.5 cents
Holders will receive R24.915 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: 14/08/2008 11:48:06 Produced by the JSE SENS Department.
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