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JSE REISTCREISTB
SCIB
SCIB: The Standard Bank of South Africa - Adjustments To The Terms And
Conditions Of The Standard Bank Reinet Investments SCA Share Instalments
The Standard Bank of South Africa Limited
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD BANK REINET INVESTMENTS
SCA SHARE INSTALMENTS
Following the REINET INVESTMENTS SCA ("REI") Rights Offer announcement, REI
share holders will receive rights to convert BTI shares into REI shares.
Following this announcement, notice is hereby given that the terms of the REISTB
and REISTC share instalments will be adjusted to place the share instalment in
the same financial position they were prior to the rights offer ex-date.
The following share instalments will be affected by this corporate action:
Existing Terms
ISIN JSE Code Exercise Conversion Expiry Exercise
Price Ratio Style
ZAE000128682 REISTB R11.18 1:1 04-Jun- American
2009 Call
ZAE000128252 REISTC R10.54 1:1 22-Sep- American
2009 Call
New Terms
ISIN JSE Code Exercise Conversion Expiry Exercise
Price Ratio Style
ZAE000128682 REISTB R8.74 1:1 04-Jun- American
2009 Call
ZAE000128252 REISTC R7.91 1:1 22-Sep- American
2009 Call
The last day to trade before this adjustment is made will be 14th November 2008.
The Effective Date of the adjustment shall be 17th November 2008.
The JSE Limited (JSE) Issuer Services Division has approved the adjustment of
the above-mentioned share instalments.
This Notice together with the Common Terms Document and Conditions Annexure
record the terms and conditions of the agreement between the Parties. Any terms
used in this Notice which are defined in the Common Terms Document, Conditions
Annexure and the relevant Supplements shall bear the meaning ascribed to them
therein, unless specifically stated otherwise herein. Other than as set out
herein, the terms and conditions set out in the Common Terms Document,
Conditions Annexure and relevant Supplements remain unchanged and in full force
and effect.
Please note that Share Instalments are subject to selling restrictions and
prospective purchases are referred to the relevant Conditions Annexure for
details of such restrictions.
Date: 17/11/2008 12:02:03 Produced by the JSE SENS Department.
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