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Tue 18 Nov 2008, 14:13 INVS - Investec - Amended adjustment to the exercise price as of 17/11/2008
JSE   RDFIVCRDFIVBFPTIVB
INVS                                                                            
INVS - Investec - Amended adjustment to the exercise price as of 17/11/2008     
Investec Variable Strike Warrants                                               
Amended Adjustment to the Exercise Price as of 17/11/2008                       
Share      Adjusted  Expiry  Cover  Call  Style     Issue      JSE Code        
            Exercise  Date    Ratio  /Put            Size                       
            Price                                                               
            per                                                                 
Share                                                               
                                                                                
 Redefine   R1.5798   19/07/  1:1    Call  European  10         RDFIVB          
 Income               2016                           Million    ZAE000081816    
Fund                                                                           
 Limited                                                                        
 Redefine   R2.0716   10/09/  1:1    Call  European  5 Million  RDFIVC          
 Income               2016                                      ZAE000084489    
Fund                                                                           
 Limited                                                                        
 Fountainh  R1.49     19/07/  1:1    Call  European  10         FPTIVB          
 ead                  2016                           Million    ZAE000098265    
Property                                                                       
 Trust                                                                          
As a result of the Recalculation based on Interest Distribution an adjustment   
has been made to the exercise prices of the above-mentioned Variable Strike     
warrants.  These adjustments are effective from 17 November 2008.  The warrant  
is exercisable only in accordance with the terms and conditions as set out in   
the relevant offering circular.                                                 
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.: 286-4742                                                         
E-mail: warrants@investec.co.za                                        
         Internet: www.investecwarrants.com                                     
Sponsor                                                                         
         Investec Securities Limited                                            
Member of the JSE                                                      
         Registration number. 1972/008905/06)                                   
Date: 18/11/2008 14:13:02 Produced by the JSE SENS Department.                  
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