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JSE KIOIHA
INVS
KIOIHA - Investec Bank Limited - Rebate payment for enhanced dividend securities
INVESTEC BANK LIMITED
REBATE PAYMENT FOR ENHANCED DIVIDEND SECURITIES - KIOIHA
Share Kumba Iron Ore
Limited
Strike Price R138.23
Stop-Loss Level R156.66
Expiry Date 01/09/2009
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 180,000
JSE Code KIOIHA ZAE000126264
Investec Bank Limited, as Issuers of the above KIOIHA, Hot Enhanced Distribution
Security (HOT EDS), advised Holders that due to the breach of the stop loss
level of R156.66 in the Underlying Share, as of close of business Monday, 6
October 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
R138.23. This amount will automatically accrue to holders via instruction
through STRATE.
The VWAP on Tuesday, 7 October 2008 = 14588.3cents
The VWAP on Wednesday, 8 October 2008 = 14164.8 cents
The simple average of the 2 day VWAP = 14376.6 cents
Rebate payment of 553.55 cents
Holders will receive R5.5355 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: 09/10/2008 14:21:02 Produced by the JSE SENS Department.
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