SCIB: TBSSTB / AIPSTB - The Standard Bank of South Africa - Adjustments To The
JSE TBSSTB
SCIB
SCIB: TBSSTB / AIPSTB - The Standard Bank of South Africa - Adjustments To The
Terms And Conditions Of The Standard Bank Tiger Brands Ltd Limited
Share Instalments
The Standard Bank of South Africa Limited
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD BANK TIGER BRANDS LTD
LIMITED SHARE INSTALMENTS
Following the Tiger Brands Ltd ("TBS") unbundling announcement, TBS share
holders will receive 1 AIP ("AIP") share for every 1 TBS share held.
Following this announcement, holders of TBSSTB will receive 1 AIPSTB share
instalment for every 1 TBSSTB share instalment held, the exercise price of the
TBSSTB will also be adjusted accordingly, the following share instalments will
be affected by this corporate action:
Existing Terms
ISIN JSE Exercise Conversion Expiry Exercise
Code Price Ratio Style
ZAE000110003 TBSSTB R138.00 1:1 27-Nov- American
2008 Call
New Terms
ISIN JSE Exercise Conversion Expiry Exercise
Code Price Ratio Style
ZAE000110003 TBSSTB R108.82 1:1 27-Nov- American
2008 Call
ZAE000125530 AIPSTB R29.18 1:1 27-Nov- American
2008 Call
The Effective Date of the adjustment shall be 25th Aug 2008.
The JSE Limited (JSE) Issuer Services Division has approved the adjustment of
the above-mentioned share instalments.
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: 26/08/2008 09:03:49 Produced by the JSE SENS Department.
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