The Standard Bank - Adjustments To The Terms And C
SBK KMBSTA
SBK
The Standard Bank - Adjustments To The Terms And Conditions Of The Standard
Bank Kumba Resources Limited Turbo Share Instalment
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD BANK KUMBA RESOURCES
LIMITED TURBO SHARE INSTALMENT
Prior Terms
ISIN JSE Code Exercise Conversion Expiry Exercise Style
Price Ratio
ZAE000084422 KMBSTA 100.00 1for1 12-Sep-07 American Call
New Terms
ISIN JSE Code Exercise Conversion Expiry Exercise Style
Price Ratio
ZAE000084422 KMBSTA 30.82 1for1 12-Sep-07 American Call
KIOSTA 69.18 1for1 12-Sep-07 American Call
Following the Kumba Resources Limited ("KMB") unbundling announcement, KMBSTA
holders will receive 1 Kumba Iron Ore Ltd. ("KIO") turbo instalment for every 1
KMBSTA held.
Holders of 1 KMBSTA prior to the unbundling will continue holding 1 KMBSTA and
will receive 1 KIOSTA post the unbundling. The terms of the 1 KMBSTA have been
adjusted so that the financial position of the instalment holders is equivalent
to that prior the unbundling.
The split to the holders will occur on Wednesday the 22nd November. The strike
adjustments will be effective from the 21st November.
The JSE Limited (JSE) Issuer Services Division has approved the adjustment of
the above-mentioned turbo instalments.
21 November 2006
Date: 21/11/2006 01:26:31 PM Produced by the JSE SENS Department
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