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Investec Bank - Variable Strike Warrants: Adjustment to the Exercise Price
Investec Bank Limited
Investec Variable Strike Warrants: Adjustment to the Exercise Price as of
11/10/2005
Share Initial Adjusted Expiry Conv. Call Style Issue JSE
Exercise Exercise Date Ratio /Put Size Code
Price Price
per per
Share Share
Allan Gray R1.55 R1.09 18/09/ 1:1 Call European 25 GRYIVA
Property 2013 Million
Trust
Growthpoint R3.10 R1.90 18/09/ 1:1 Call European 25 GRTIVA
Properties 2013 Million
Limited
Martprop R1.15 R0.79 18/09/ 1:1 Call European 25 MTPIVA
Property 2013 Million
Fund
Pangbourne R3.65 R1.58 18/09/ 1:1 Call European 25 PAPIVA
Properties 2013 Million
Limited
Redefine R1.25 R0.73 18/09/ 1:1 Call European 25 RDFIVA
Income Fund 2013 Million
Limited
As a result of the "Recalculation" an adjustment will be made to the exercise
price to ensure the financial position of the warrant holders is unprejudiced by
this event. This adjustment will be effective from 11 October 2005. The
warrant is exercisable only in accordance with the terms and conditions as set
out in the relevant offering circular.
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.: 286-4742
E-mail: warrants@investec.co.za
Internet: www.investecwarrants.com
Sponsor
Investec Securities Limited
Member of the JSE
Registration number. 1972/008905/06)
Date: 11/10/2005 10:41:04 AM Produced by the JSE SENS Department
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