Investec Bank Limited - Variable Strike Warrants: Adjustment to the Exercise
Price as of 07/11//2005
Investec Variable Strike Warrants: Adjustment to the Exercise Price as of
07/11//2005
Share Allan Gray Growthpoint Martprop Pangbourne Redefine
Property Properties Property Properties Income Fund
Trust Limited Fund Limited Limited
Initial Exercise R1.55 R3.10 R1.15 R3.65 R1.25
Price per Share
Adjusted R1.10 R1.91 R0.80 R1.59 R0.61
Exercise Price
per Share
Expiry Date 18/09/2013 18/09/2013 18/09/2013 18/09/2013 18/09/2013
Conv. Ratio 1:1 1:1 1:1 1:1 1:1
Call/Put Call Call Call Call Call
Style European European European European European
Issue Size 25 Million 25 Million 25 Million 25 Million 25 Million
JSE Code GRYIVA GRTIVA MTPIVA PAPIVA RDFIVA
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 07 November 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: 07/11/2005 12:55:09 PM Produced by the JSE SENS Department
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