SCIB - The Standard Bank of South Africa Limited - Adjustments to the terms and
JSE TKGSBPTKGSBL
SCIB
SCIB - The Standard Bank of South Africa Limited - Adjustments to the terms and
conditions of the Standard Bank Telkom SA Ltd Warrants
The Standard Bank of South Africa Limited
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD BANK TELKOM SA LTD
WARRANTS
Following the Telkom SA Ltd ("TKG") unbundling announcement, TKG share holders
will receive 1 Vodacom ("VOD") share for every 1 TKG share held.
Following this announcement, notice is hereby given that all TKG warrants will
be traded as Basket Warrants where the price of the warrant will be calculated
based on the combined prices of TKG and VOD.
The following warrants will be affected by this corporate action:
Existing Terms
ISIN JSE Code Exercise Conversion Expiry Exercise Style
Price Ratio
ZAE000128799 TKGSBL R105.00 40:1 08-Sep-09 American Call
ZAE000131959 TKGSBP R105.00 40:1 05-Aug-09 European Put
The last day to trade to qualify for the unbundling is the 15th May 2009. The
Effective Date of the adjustment shall 18th May 2009.
The JSE Limited (JSE) Issuer Services Division has approved the adjustment of
the above-mentioned warrants.
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.
Date: 14/05/2009 12:47:02 Produced by the JSE SENS Department.
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