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JSE MTXIHB
INVS
MTXIHB - Investec Bank Limited - Rebate Payment For Enhanced Dividend Securities
INVESTEC BANK LIMITED
REBATE PAYMENT FOR ENHANCED DIVIDEND SECURITIES
Share Metorex Limited
Strike Price R12.02
Stop-Loss Level R13.62
Expiry Date 21/05/2009
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 400,000
JSE Code MTXIHB ZAE000124988
Investec Bank Limited, as Issuers of the above MTXIHB, Hot Enhanced Dividend
Security (HOT EDS), advised Holders that due to the breach of the stop loss
level of R13.62 in the Underlying Share, as of close of business Monday, 29
September 2008, the abovementioned Hot Enhanced Dividend 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 R12.02.
This amount will automatically accrue to holders via instruction through STRATE.
The VWAP on Tuesday, 30 September 2008 = 1286.8 cents
The VWAP on Wednesday, 1 October 2008 = 1309.19 cents
The simple average of the 2 day VWAP = 1297.995 cents
Rebate payment of 95.995 cents
Holders will receive R0.95995 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: 02/10/2008 11:33:03 Produced by the JSE SENS Department.
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