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JSE MTNIHFNEDIHBSHPIHBTRUIHBSOLIHFTKGIHFFOSIHEFSRIHFINLIHCKIOIHCMSMIHB
INVS
INVS - Investec Bank Limited - Expiry of hot enhanced dividend securities 23
September 2010
INVESTEC BANK LIMITED
EXPIRY OF HOT ENHANCED DIVIDEND SECURITIES 23 SEPTEMBER 2010
Share Foschini Limited Investec Limited
Strike Price R43.25 R40.50
Stop-Loss Level R49.00 R46.00
Expiry Date 23/09/2010 23/09/2010
Cover Ratio 1:1 1:1
Call/Put Call Call
Style American American
Issue Size 560000 393000
JSE Code FOSIHE ZAE000143558 INLIHC ZAE000143574
Share Firstrand Limited Massmart Holdings
Limited
Strike Price R13.60 R64.50
Stop-Loss Level R15.50 R73.00
Expiry Date 23/09/2010 23/09/2010
Cover Ratio 1:1 1:1
Call/Put Call Call
Style American American
Issue Size 5 069 000 308000
JSE Code FSRIHF ZAE000143566 MSMIHB ZAE000143590
Share Kumba Iron Ore Nedbank Group Limited
Limited
Strike Price R217.50 R92.25
Stop-Loss Level R246.50 R104.50
Expiry Date 23/09/2010 23/09/2010
Cover Ratio 1:1 1:1
Call/Put Call Call
Style American American
Issue Size 178000 383000
JSE Code KIOIHC ZAE000143582 NEDIHB ZAE000143616
Share MTN Group Limited Sasol Limited
Strike Price R84.75 R217.00
Stop-Loss Level R96.00 R246.00
Expiry Date 23/09/2010 23/09/2010
Cover Ratio 1:1 1:1
Call/Put Call Call
Style American American
Issue Size 2306000 709000
JSE Code MTNIHF ZAE000143608 SOLIHF ZAE000143632
Share Shoprite Holdings Truworths
Limited International Limited
Strike Price R49.50 R32.00
Stop-Loss Level R56.00 R36.25
Expiry Date 23/09/2010 23/09/2010
Cover Ratio 1:1 1:1
Call/Put Call Call
Style American American
Issue Size 669000 789000
JSE Code SHPIHB ZAE000143624 TRUIHB ZAE000143657
Share Telkom SA Limited
Strike Price R25.50
Stop-Loss Level R29.00
Expiry Date 23/09/2010
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 756000
JSE Code TKGIHF ZAE000143640
Investec Bank Limited, as Issuers of the above Hot Enhanced Dividend Securities
(HOT EDS), hereby reminds holders of their imminent option expiry on 23
September 2010 (see the related securities above).
1 Holders may choose to exercise and pay the Exercise Price (Strike Price) in
order to receive the
underlying securities on or before 12:00 hours, one business day prior to
the Expiry Date.
2 Should holders choose to expire the "Existing" Hot EDS they should notify
the Investec Equity Derivatives Desk before 12:00 hours, Friday 17
September 2010. The "Existing" Hot EDS will expire at full intrinsic value
on the respective expiry date. A cash settlement amount representing the
number of Hot EDS held on that date multiplied by the excess of the simple
average of the Volume Weighted Average Price ("VWAP") of the Underlying
Parcel over the two Business Days following the Expiry Date, over the
Exercise Price (Strike Price) will automatically accrue to the holder.
3 Should holders not choose either option 1 or 2, Investec will make
arrangement to buy-back the "Existing" Hot EDS and sell the "New" Hot EDS.
(The "New" Hot EDS, will be listed on the 15 September 2010) This will be
done on an optimal ratio basis, a cash distribution of any difference
between the intrinsic value inherent to the "Existing" Hot EDS and the
"New" Hot EDS will accrue to the client.
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.investec.com
Sponsor
Investec Securities Limited
Member of the JSE
Registration number. 1972/008905/06)
Date: 09/09/2010 09:21:02 Produced by the JSE SENS Department.
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