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JSE ACLSBHACLSBUACLSBT
SCIB
SCIB - The Standard Bank of South Africa Limited - Adjustments To The Terms And
Conditions Of Arcelormittal SA Ltd Warrants
NOTICE OF ADJUSTMENT
The Standard Bank of South Africa Limited
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF ARCELORMITTAL SA LTD WARRANTS
Following the ARCELORMITTAL SA LTD ("ACL") announcement of the pro rata share
repurchase on the ARCELORMITTAL SA LTD ("ACL") shares, shareholders will be
required to sell 9.995% of their shares in ACL at a price of R87.64 per share,
notice is hereby given to warrantholders of ACL warrants that the Issuer will
amend the terms and conditions of the warrants as indicated below, to place the
warrantholder in the same financial position they were prior to the capital
repayment.
Existing Terms
JSE Exercise Conversio Expiry Exercise Style ISIN CODES
Code Price n Ratio
ACLSBH R76.00 45 for 1 08-Sep-09 American Call ZAE000133229
ACLSBT R72.00 50 for 1 05-Aug-09 European Put ZAE000131900
ACLSBU R80.00 45 for 1 01-Dec-09 European Put ZAE000135778
New Terms
JSE Exercis Conversio Expiry Exercise Style ISIN CODES
Code e Price n Ratio
ACLSBH R76.42 45.25 08-Sep-09 American Call ZAE000133229
ACLSBT R72.40 50.27 05-Aug-09 European Put ZAE000131900
ACLSBU R80.44 45.25 01-Dec-09 European Put ZAE000135778
The JSE Limited Issuer Services Division has approved the adjustment of the
above-mentioned warrants, and the Effective Date of the adjustment will be 22nd
June 2009.
This Notice together with the Common Terms Document, Conditions Annexure and the
relevant Supplements 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 and Conditions Annexure 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.
Copies of the warrant issue documentation may be obtained from:
The Standard Bank Of South Africa Limited.
(Registration Number 1962/000738/06)
3 Simmonds Street
Johannesburg
2001
For further information contact :
Standard Bank Warrants
Tel 0800 111 780
e-mail: derivatives@standardbank.co.za
Sponsor :
Standard Financial Markets (Pty) Ltd
(Registration Number: 1972/008305/07)
An authorised user of the JSE Limited
Date: 22/06/2009 11:45:03 Produced by the JSE SENS Department.
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