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Fri 24 Nov 2006, 8:45 Investec Bank Limited - Issue of Barrier Put Warra
JSE
 INVS                                                                            
Investec Bank Limited - Issue of Barrier Put Warrants ("REVS")                  
Investec Barrier Put Warrants:  Commencement Date: 24/11/2006                   
Share               Anglo American plc  Anglo Platinum       Absa Group Limited 
Limited                                 
Strike Price        R504.00             R1.185.00            R177.00            
Stop-Loss Level     R420.00             R987.50              R147.50            
Expiry Date         15/11/2007          15/11/2007           15/11/2007         
Conv. Ratio         1:1                 1:1                  1:1                
Call/Put            Put                 Put                  Put                
Style               American            American             American           
Issue Size          5 Million           2 Million            5 Million          
JSE Code            AGLIRP              AMSIRP               ASAIRP             
Share               BHP Billiton plc    Gold Fields          Harmony Gold       
                                        Limited              Mining Company     
                                                             Limited            
Strike Price        R202.50             R187.50              R172.50            
Stop-Loss Level     R168.75             R156.25              R143.75            
Expiry Date         15/11/2007          15/11/2007           15/11/2007         
Conv. Ratio         1:1                 1:1                  1:1                
Call/Put            Put                 Put                  Put                
Style               American            American             American           
Issue Size          5 Million           5 Million            5 Million          
JSE Code            BILIRP              GFIIRP               HARIRP             
Share               Investec plc        MTN Group Limited    Nedbank Group      
                                                             Limited            
Strike Price        R123.00             R108.00              R189.00            
Stop-Loss Level     R102.50             R90.00               R157.50            
Expiry Date         15/11/2007          15/11/2007           15/11/2007         
Conv. Ratio         1:1                 1:1                  1:1                
Call/Put            Put                 Put                  Put                
Style               American            American             American           
Issue Size          5 Million           5 Million            5 Million          
JSE Code            INPIRP              MTNIRP               NEDIRP             
Share               SABMiller plc       Sappi Limited        Sasol Limited      
Strike Price        R225.00             R177.00              R375.00            
Stop-Loss Level     R187.50             R147.50              R312.50            
Expiry Date         15/11/2007          15/11/2007           15/11/2007         
Conv. Ratio         1:1                 1:1                  1:1                
Call/Put            Put                 Put                  Put                
Style               American            American             American           
Issue Size          5 Million           5 Million            5 Million          
JSE Code            SABIRP              SAPIRP               SOLIRP             
Share               Telkom SA Limited                                           
Strike Price        R195.00                                                     
Stop-Loss Level     R162.50                                                     
Expiry Date         15/11/2007                                                  
Conv. Ratio         1:1                                                         
Call/Put            Put                                                         
Style               American                                                    
Issue Size          5 Million                                                   
JSE Code            TKGIRP                                                      
The JSE Limited ("JSE") has approved the listing of the abovementioned warrant  
and trading will commence on 24 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: 24/11/2006 08:45:05 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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