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JSE HARIDE
INVS
HARIDE - Investec Bank Limited - Rebate payment for enhanced dividend securities
Investec bank limited
Rebate payment for enhanced dividend securities - HARIDE
Share Harmony Gold Mining Limited
Strike Price R47.47
Stop-Loss Level R64.73
Expiry Date 14 May 2009
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 500,000
JSE Code HARIDE ZAE000119152
Investec Bank Limited, as Issuers of the above HARIDE, Enhanced Distribution
Security (EDS), advised Holders that due to the breach of the stop loss level of
R64.73 in the Underlying Share, as of close of business Monday, 11 August 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 R47.47. This amount
will automatically accrue to holders via instruction through STRATE.
The VWAP on Tuesday, 12 August 2008 = 5918.08 cents
The VWAP on Wednesday, 13 August 2008 = 6219.46 cents
The simple average of the 2 day VWAP = 6068.77 cents
Rebate payment of 1321.77 cents
Holders will receive R13.2177 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 11:49:06 Produced by the JSE SENS Department.
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