JSE GRYIVA
INVS
Investec Bank Limited - Variable Strike Warrants
Investec Bank Limited
Investec Variable Strike Warrant GRYIVA: Adjustment to the Exercise Price as
of 22/05/2006
Share Initial Adjusted New Expiry Date Conv.
Exercise Exercise Adjusted Ratio
Price per Price per Exercise
Share Share Price per
Share
Allan Gray Property R1.55 R0.77 R0.57 18/09/2013 1:1
Trust
(ISIN Code
ZAE000049003)
Share Call/Put Style Issue JSE Code
Size
Allan Gray Property Call European 25 GRYIVA
Trust Million
(ISIN Code
ZAE000049003)
As a result of the "Interest Distribution" an adjustment was made to the
exercise price to ensure the financial position of the warrant holders is
unprejudiced. This adjustment was effective from 22 May 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: 22/05/2006 12:38:08 PM Produced by the JSE SENS Department
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