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JSE
INVS
Investec Bank Limited - Variable Strike Warrants: Adjustment to the Exercise
Price as of 03/01/2006
Investec Variable Strike Warrants: Adjustment to the Exercise Price as of
03/01/2006
Share Initial Adjusted Expiry Conv. Call Style Issue JSE
Exercise Exercise Date Ratio /Put Size Code
Price Price
per per
Share Share
Allan R1.55 R0.90 18/09/ 1:1 Call European 25 GRYIVA
Gray 2013 Million
Property
Trust
(ISIN
Code
ZAE00004
9003)
Growth- R3.10 R1.94 18/09/ 1:1 Call European 25 GRTIVA
point 2013 Million
Proper-
ties
Limited
(ISIN
Code
ZAE00004
9011)
Martprop R1.15 R0.81 18/09/ 1:1 Call European 25 MTPIVA
Property 2013 Million
Fund
(ISIN
Code
ZAE00004
8997)
Pangbour R3.65 R1.62 18/09/ 1:1 Call European 25 PAPIVA
ne 2013 Million
Properti
es
Limited
(ISIN
Code
ZAE00004
8989)
Redefine R1.25 R0.62 18/09/ 1:1 Call European 25 RDFIVA
Income 2013 Million
Fund
Limited
(ISIN
Code
ZAE00004
8971)
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.
This adjustment will be effective from 3 January 2006. 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: 03/01/2006 10:50:07 AM Produced by the JSE SENS Department
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