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Mon 6 Mar 2006, 15:24 Absa - Amendments to the terms and conditions of t
JSE   IMPABFIMPABRIMPABGIMPABQIMPABE
 ACMB                                                                            
Absa - Amendments to the terms and conditions of the call warrants relating to  
       the ordinary shares of Impala Platinum Holdings Ltd                      
Absa Bank Limited                                                               
AMENDMENTS TO THE TERMS AND CONDITIONS OF THE CALL WARRANTS RELATING TO THE     
ORDINARY SHARES OF IMPALA PLATINUM HOLDINGS LTD                                 
Following the announcement by the board of Impala Platinum Holdings Ltd (IMP)   
whereby IMP declared a special dividend of 5500c, Absa Bank Ltd (the Issuer)    
will amend the conditions of the warrants listed below in the following way.    
Warrant Type  Expiry      ISIN           Previous Adjusted  Previous Adjusted   
                                           Strike   Strike     Cover    Cover   
IMPABE  AC    2006-06-15  ZAE000067617      60000    57000       150      142   
IMPABF  AC    2006-10-22  ZAE000071221      70000    66450       150      142   
IMPABG  AC    2006-08-30  ZAE000077699     118000   112000       150      142   
IMPABQ  EP    2006-03-16  ZAE000071353      62500    59300        70    66.45   
IMPABR  EP    2006-10-25  ZAE000077731     110000   104400       160      152   
The effect of the abovementioned adjustment is to place the Warrant holders in  
the same position it would have been in had the special dividend not been       
declared. This adjustment will be effective from 6 March 2006.                  
Copies of the Offering Circular may be obtained from:                           
Absa Bank Ltd                                                                   
1st Floor, Absa Towers North                                                    
180 Commissioner Street                                                         
Johannesburg, 2001                                                              
Sponsor                                                                         
Absa Corporate & Merchant Bank - Corporate Finance                              
A division of Absa Bank Limited                                                 
Reg. No. 1986/004794/06"                                                        
For further information contact                                                 
Absa Warrants                                                                   
Tel:  (011) 221 9083/4/5                                                        
e-mail: derivatives@absa.co.za                                                  
Date: 06/03/2006 03:24:05 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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