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Mon 25 Nov 2013, 10:00 INVESTEC BANK LIMITED - Breached Barrier- KIOIHC
KIOIHC 201311250011A
Breached Barrier- KIOIHC

INVESTEC BANK LIMITED – NOTICE OF BARRIER FOR HOT ENHANCED DIVIDEND KIOIHC



Share                              Kumba Iron Ore Limited









Strike Price                       R353.00

Stop-Loss Level                    R400.00

Expiry Date                        2014/07/23

Cover Ratio                        1:1



Call/Put                           Call

Style                              American

Issue Size                         140,000

JSE Code                           ZAE000180964







Investec Bank Limited, as Issuers of the above KIOIHC, Hot Enhanced Dividend Security (HOTEDs), would like to

advise Holders that due to the breach of the stop loss level of R400.00 in the Underlying Share, as of close of

business Friday, 22 November 2013 the abovementioned HOTED has been terminated.



Holders are now entitled to receive the Rebate Payment, represented by the number of HOTEDs 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 R353.00. This amount will automatically accrue to holders via instruction through STRATE.



25 November 2013



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.co.za



Sponsor

           Investec Securities (Pty) Ltd

           Member of the JSE

           Registration number. 1972/008905/07)


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