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JSE BILIHF
INVS
BILIHF - Investec Bank Limited - Notice of rebate payment for hot enhanced
dividend securities - BHP Billiton Plc
Share BHP Billiton Plc
Strike Price R177.00
Stop-Loss Level R200.00
Expiry Date 23/09/2010
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 1178000
JSE Code BILIHF ZAE000143533
Investec Bank Limited, as Issuers of the above BILIHF, Hot Enhanced Distribution
Security ( HOT EDS), advised Holders that due to the breach of the stop loss
level of R200.00 in the Underlying Share, as of close of business Monday, 7 June
2010 the abovementioned Hot Enhanced Distribution Security (HOT EDS) has been
terminated.
The Rebate Payment, represented by the number of HOT 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 R177.00
This amount will automatically accrue to holders via instruction through STRATE.
The VWAP on, 8 June 2010 = 19661.2 cents
The VWAP on, 9 June 2010 = 20107.46 cents
The simple average of the 2 day VWAP = 19884.33
Holders will receive R21.84 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: 10/06/2010 09:29:01 Produced by the JSE SENS Department.
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