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Wed 22 Nov 2006, 8:45 Investec Bank Limited - Issue of stock warrants
JSE
 INVS                                                                            
Investec Bank Limited - Issue of stock warrants                                 
Investec Bank Limited                                                           
Investec Stock Warrants:  Commencement Date: 22/11/2006                         
Share        Strike    Expiry  Conv.  Call/  Style      Issue Size  JSE       
               Price     Date    Ratio  Put                           Code      
  Gold Fields  R120.00   05/04/  50:1   Put    European   100 Million GFIIBT    
  Limited                2007                                                   
(ISIN Code                                                                    
  ZAE0000                                                                       
  88290)                                                                        
  MTN Group    R  80.00  05/04/  20:1   Call   American   100 Million MTNIBI    
Limited                2007                                                   
  (ISIN Code                                                                    
  ZAE0000                                                                       
  88308)                                                                        
Nedbank      R130.00   05/04/  30:1   Call   American   100 Million NEDIBF    
  Group                  2007                                                   
  Limited                                                                       
  (ISIN Code                                                                    
ZAE0000                                                                       
  88316)                                                                        
  Nedbank       R115.00  05/04/  30:1   Put    European   100 Million NEDIBS    
  Group                  2007                                                   
Limited                                                                       
  (ISIN Code                                                                    
  ZAE0000                                                                       
  88324)                                                                        
SABMiller    R165.00   05/04/  25:1   Call   American   100 Million SABIBG    
  plc (ISIN              2007                                                   
  Code ZAE0000                                                                  
  88332)                                                                        
SABMiller    R140.00   05/04/  15:1   Put    European   100 Million SABIBS    
  plc (ISIN              2007                                                   
  Code ZAE0000                                                                  
  88340)                                                                        
Sasol        R270.00   05/04/  60:1   Call   American   100 Million SOLIBJ    
  Limited                2007                                                   
  (ISIN code                                                                    
  ZAE0000                                                                       
88357)                                                                        
  Sasol        R240.00   05/04/  60:1   Put    European   100 Million SOLIBT    
  Limited                2007                                                   
  (ISIN Code                                                                    
ZAE0000                                                                       
  88365)                                                                        
The JSE Limited ("JSE") has approved the listing of the abovementioned warrants 
and trading will commence on 22 November 2006.  All members of the JSE may      
participate in trading, which will occur according to normal JSE Rules.  As the 
Warrants have been dematerialised, settlement will be effected electronically   
through the STRATE system of the JSE and accordingly, certificates evidencing   
the Warrants will not be issued to Holders.                                     
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.: 0860 103 343                                                              
E-mail: warrants@investec.co.za                                                 
Internet: www.investecwarrants.com                                              
Sponsor                                                                         
Investec Securities Limited                                                     
Member of the JSE                                                               
Registration number. 1972/008905/06)                                            
Date: 22/11/2006 08:45:11 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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