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Thu 2 Nov 2006, 17:23 Absa Capital - Amendments To The Terms And Conditi
JSE   IMPAIBIMPABH
 ACMB                                                                            
Absa Capital - Amendments To The Terms And Conditions Of The Call               
            Warrant And Share Instalment Relating To The Ordinary Shares Of     
            Impala Platinum Holdings Ltd                                        
AMENDMENTS TO THE TERMS AND CONDITIONS OF THE CALL WARRANT AND SHARE INSTALMENT 
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 subdivision of 8 for 1, Absa Bank Ltd (the Issuer) will  
amend the conditions of the warrant and share instalment listed below in the    
following way.                                                                  
Warrant  Type  Expiry     ISIN          Previous  New      Previous  New        
                                        Cover     Cover    Strike    Strike     
IMPABH   AC    31 JAN 07  ZAE000083176  500:1     62.5:1   135000    16875      
IMPAIB   AC    13 DEC 06  ZAE000077947  1:1       1:8      25500     7125       
The effect of the abovementioned adjustment is to place the warrant and share   
instalment holders in the same position they would have been in had the         
subdivision not taken place. This adjustment will be effective from 6 November  
2006.                                                                           
For further information contact                                                 
Absa Equity Derivatives                                                         
Tel:  (011) 221 9083/4/5                                                        
e-mail: derivatives@absa.co.za                                                  
Sponsor                                                                         
Absa Capital - Corporate Finance                                                
A division of Absa Bank Limited                                                 
Reg. No. 1986/004794/06"                                                        
Date: 02/11/2006 05:23:54 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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