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JSE ACLIDE
INVS
ACLIDE - Investec Bank - Notice Of Barrier For Enhanced Dividend
Securities - ACLIDE
Investec Bank Limited
Share ArcelorMittal South Africa
Limited
Strike Price R102.03
Stop-Loss Level R139.13
Expiry Date 21/05/2009
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 350,000
JSE Code ACLIDE ZAE000125126
Investec Bank Limited, as Issuers of the above ACLIDE, Enhanced Distribution
Security (EDS), would like to advise Holders that due to the breach of the
stop loss level of R139.13 in the Underlying Share, as of close of business
Friday, 3 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 R102.03. 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: 06/10/2008 08:58:33 Produced by the JSE SENS Department.
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