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JSE PAMIDD
INVS
PAMIDD - Investec Bank - Notice of barrier for enhanced dividend securities
INVESTEC BANK LIMITED
NOTICE OF BARRIER FOR ENHANCED DIVIDEND SECURITIES - PAMIDD
Share PALABORA MINING COMPANY
LIMITED
Strike Price R60.50
Stop-Loss Level R82.50
Expiry Date 11/05/2009
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 75,000
JSE Code PAMIDD ZAE000124830
Investec Bank Limited, as Issuers of the above PAMIDD, Enhanced Distribution
Security (EDS), would like to advise Holders that due to the breach of the stop
loss level of R82.50 in the Underlying Share, as of close of business Wednesday,
1 October 2008 the abovementioned Enhanced Distribution 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 R60.50. 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: 02/10/2008 08:14:09 Produced by the JSE SENS Department.
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