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Mon 16 Jan 2006, 15:06 Investec Bank Limited - Expiry Of Stock Warrants
JSE   ECOIBQASAIBBSOLIBEFSRIBCECOIBCTKGIBC
 INVS                                                                            
Investec Bank Limited - Expiry Of Stock Warrants                                
Investec Bank Limited                                                           
Completion And Delivery Of An Exercise Notice Will Not Be Necessary As All      
Registered Holders Will Receive An Automatic Cash Settlement Amount On The      
Expiration Date                                                                 
Share             Strike    Expiry   Conv.  Call/Put  Style     Issue    JSE    
                  Price     Date     Ratio                      Size     Code   
Absa Bank         R  95.00  18/01/   15:1   Call      American  100      ASAIBB 
Limited                     2006                                Million         
(ISIN Code                                                                      
ZAE000070371)                                                                   
Edgars            R32.50    18/01/   5:1    Call      American  100      ECOIBC 
Consolidated                2006                                Million         
Stores Limited                                                                  
(ISIN Code                                                                      
ZAE000070397)                                                                   
Edgars            R30.00    18/01/   5:1    Put       European  100      ECOIBQ 
Consolidated                2006                                Million         
Stores Limited                                                                  
(ISIN Code                                                                      
ZAE000070405)                                                                   
FirstRand         R  16.50  18/01/   3:1    Call      American  100      FSRIBC 
Limited                     2006                                Million         
(ISIN Code                                                                      
ZAE000070413)                                                                   
Sasol Limited     R210.00   18/01/   40:1   Call      American  100      SOLIBE 
(ISIN Code                  2006                                Million         
ZAE000070462)                                                                   
Telkom Limited    R125.00   18/01/   25:1   Call      American  100      TKGIBC 
(ISIN Code                  2006                                Million         
ZAE000070488)                                                                   
The abovementioned Warrants  will expire on 18 January 2006.  Holders should    
ensure that their holdings are registered prior to this date as only registered 
holders will be entitled to exercise.                                           
It will not be necessary for a warrantholder to complete and deliver an         
effective Exercise Notice, as all unexercised Warrants will be deemed to have   
been automatically exercised on the Expiration Date, with payment of the Cash   
Settlement Amount on the Cash Payment Date in accordance with the Terms and     
Conditions.                                                                     
The Warrants are exercisable only in accordance with the Terms and conditions   
set out in the 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.: 286-4672                                                                  
E-mail: warrants@investec.co.za                                                 
Internet: www.investecwarrants.com                                              
Sponsor                                                                         
Investec Securities Limited                                                     
Member of the JSE                                                               
Registration number. 1972/008905/06)                                            
Date: 16/01/2006 03:06:12 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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