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JSE SLMIDH
INVS
SLMIDH - Investec Bank Limited - Expiry of enhanced dividend securities 01
December 2010
INVESTEC BANK LIMITED
EXPIRY OF ENHANCED DIVIDEND SECURITIES 01 DECEMBER 2010
Share Sanlam Limited
Strike Price R13.75
Stop-Loss Level R18.75
Expiry Date 01/12/2010
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 1416000
JSE Code SLMIDH ZAE000144960
Investec Bank Limited, as Issuers of the above Enhanced Dividend Securities
(EDS), hereby reminds holders of their imminent option expiry on 01 December
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" EDS they should notify the
Investec Equity Derivatives Desk before 12:00 hours, Monday 22 November
2010. The "Existing" EDS will expire at full intrinsic value on the
respective expiry date. A cash settlement amount representing the number
of 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.
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: 19/11/2010 10:37:02 Produced by the JSE SENS Department.
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