ShareData Online - JSE listed company SENS

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The Standard Bank Of South Africa Limited - Increase In Issue Size Announcement In Relation To SOLSBO And SOLSBA Call Warrants SB: The Standard Bank Of South Africa Limited -Increase in issue size announcement in relation to the SOLSBO Call warrant JSE THE STANDARD BANK OF SOUTH AFRICA LIMITED Share Code: SOLSBO SOLSBA ISIN Code: ZAE000071122 ZAE000072492 INCREASE IN ISSUE SIZE ANNOUNCEMENT IN RELATION TO SOLSBO AND SOLSBA CALL WARRANTS The JSE Listings division has approved the increase in the issue size from 20 million to 100 million in respect of the SOLSBO and SOLSBA call warrants with effect from the commencement of trade on Tuesday, 6 December 2005 due to the following reasons: The further issue represents only a small portion of the market capitalisation of the company. This is well below the limit set by the JSE. There is massive demand for the SOLSBO and SOLSBA CALL warrants at present and we wish to match this demand in order to satisfy the market and fulfill our position as market maker. We need to increase the issue size in order to prevent the warrant from trading up above fair value and thereby jeopardising people who purchase the warrant at inflated levels. There are no changes to the terms and conditions of the warrant or to the underlying share. All documentation submitted for the initial listing of the warrants therefore remain relevant. The terms and conditions of the warrant are as follows: JSE Code SOLSBO Short Name SB SOL C0 Long Name SB SOL R230 C0 60:1 MAR06 Underlying Share Sasol Ltd Type American Call Expiration Date 02 March 2006 Strike Price R230.00 Cover Ratio 60 Warrants exercisable into 1 Share JSE Code SOLSBA Short Name SB SOL CA Long Name SB SOL R270 CA 65:1 APR06 Underlying Share Sasol Ltd Type American Call Expiration Date 06 April 2006 Strike Price R270.00 Cover Ratio 65 Warrants exercisable into 1 Share For further information contact: Standard Bank Tel 0800 111 780 Email: derivatives@standardbank.co.za Sponsor: Standard Bank Date: 05/12/2005 03:56:00 PM Produced by the JSE SENS Department

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Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site

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