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JSE SOLIDE
INVS
SOLIDE - Investec Bank - Rebate Payment For Enhanced Dividend Securities
Investec Bank Limited
Share Sasol Limited
Strike Price R191.02
Stop-Loss Level R260.48
Expiry Date 01/09/2009
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 750,000
JSE Code SOLIDE ZAE000126181
Investec Bank Limited, as Issuers of the above SOLIDE, Enhanced Distribution
Security (EDS), advised Holders that due to the breach of the stop loss level
of R260.48 in the Underlying Share, as of close of business Wednesday, 08
October 2008 the abovementioned Enhanced Distribution Security (EDS) has been
terminated.
The Rebate Payment, represents 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
R191.02. This amount will automatically accrue to holders via instruction
through STRATE.
The VWAP on Thursday, 9 October 2008 = 26865.6cents
The VWAP on Friday, 10 October 2008 = 25071.3 cents
The simple average of the 2 day VWAP = 25968.45 cents
Rebate payment of 6866.45 cents
Holders will receive 68.6645 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: 14/10/2008 13:25:02 Produced by the JSE SENS Department.
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