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Mon 8 Nov 2004, 8:43 Issue Of Enhanced Dividend Securities
Investec Bank Limited - Issue Of Enhanced Dividend Securities                   
Investec Bank Limited                                                           
Investec Enhanced Dividend Securities:  Commencement Date: 08/11/2004           
Share      Strike     Stop-    Expiry   Conv.  Call/P  Style     Issue   JSE    
           Price      Loss     Date     Ratio  ut                Size    Code   
                      Level                                                     
AngloGold  R114.00    R170.00  08/11/   1:1    Call    American  20      ANGIDA 
Ashanti                        2005                              Million        
Limited                                                                         
Impala     R250.00    R375.00  08/11/   1:1    Call    American  20      IMPIDA 
Platinum                       2005                              Million        
Holdings                                                                        
Limited                                                                         
Ispat      R28.00     R39.00   08/11/   1:1    Call    American  20      IISIDA 
Iscor                          2005                              Million        
Limited                                                                         
The JSE Securities Exchange South Africa (`JSE`) has approved the listing of the
abovementioned warrants and trading will commence on 8 November 2004.  All      
members of the JSE may participate in trading, which will occur according to    
normal JSE Rules.  As the Warrants have been dematerialised, settlement will be 
effected electronically through the STRATE system of the JSE and accordingly,   
certificates evidencing the Warrants will not be issued to Holders.             
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.: 0860 103 343                                                              
E-mail: warrants@investec.co.za                                                 
Internet: www.investecwarrants.com                                              
Sponsor                                                                         
Investec Securities Limited                                                     
Member of the JSE                                                               
Registration number. 1972/008905/06)
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