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JSE EXXIHB
INVS
EXXIHB - Investec Bank Limited - Rebate payment for hot enhanced dividend
securities
INVESTEC BANK LIMITED
REBATE PAYMENT FOR HOT ENHANCED DIVIDEND SECURITIES
Share Exxaro Resources
Limited
Strike Price R75.90
Stop-Loss Level R86.02
Expiry Date 21/05/2009
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 400,000
JSE Code EXXIHB ZAE000124921
Investec Bank Limited, as Issuers of the above EXXIHB, Hot Enhanced Distribution
Security (HOT EDS), advised Holders that due to the breach of the stop loss
level of R86.02 in the Underlying Share, as of close of business Tuesday, 30
September 2008 the abovementioned Hot Enhanced Distribution 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 R75.90.
This amount will automatically accrue to holders via instruction through STRATE.
The VWAP on Wednesday, 1 October 2008 = 8842.27 cents
The VWAP on Thursday, 2 October 2008 = 8143.6cents
The 2 day VWAP = 8492.94
Rebate payment of 902.935 cents
Holders will receive R9.02935 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: 06/10/2008 15:08:03 Produced by the JSE SENS Department.
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