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Fri 24 Nov 2006, 17:05 Investec - Change to style of the barrier put warr
JSE
 INVS                                                                            
Investec - Change to style of the barrier put warrants (`Revs") released on SENS
           24 November 2006                                                     
Investec Bank Limited                                                           
Investec Barrier Put Warrants:  Commencement Date: 24/11/2006                   
  Share            Anglo       Anglo      Absa Group  BHP        Gold           
                   American    Platinum   Limited     Billiton   Fields         
                   plc         Limited                plc        Limited        
Strike Price     R   504.00  R1 185.00  R   177.00  R   202.50 R   187.50     
  Stop-Loss Level  R   420.00  R   987.50 R   147.50  R   168.75 R   156.25     
  Expiry Date      15/11/2007  15/11/2007 15/11/2007  15/11/2007 15/11/2007     
  Conv. Ratio      1:1         1:1        1:1         1:1        1:1            
Call/Put         Put         Put        Put         Put        Put            
  Existing         American    American   American    American   American       
  Style                                                                         
  New Style        European    European   European    European   European       
Issue            5 Million   2 Million  5 Million   5 Million  5 Million      
  Size                                                                          
  JSE Code         AGLIRP      AMSIRP     ASAIRP      BILIRP     GFIIRP         
  Share            Harmony     Investec   MTN Group   Nedbank    SABMiller      
Gold        plc        Limited     Group      plc            
                   Mining                             Limited                   
                   Company                                                      
                   Limited                                                      
Strike Price     R   172.50  R   123.00 R   108.00  R   189.00 R   225.00     
  Stop-Loss Level  R   143.75  R   102.50 R    90.00  R  157.50  R  187.50      
  Expiry Date      15/11/2007  15/11/2007 15/11/2007  15/11/2007 15/11/2007     
  Conv. Ratio      1:1         1:1        1:1         1:1        1:1            
Call/Put         Put         Put        Put         Put        Put            
  Existing         American    American   American    American   European       
  Style                                                                         
  New Style        European    European   European    American   European       
Issue            5 Million   5 Million  5 Million   5 Million  5 Million      
  Size                                                                          
  JSE Code         HARIRP      INPIRP     MTNIRP      NEDIRP     SABIRP         
  Share            Sappi       Sasol      Telkom SA                             
Limited     Limited    Limited                               
  Strike Price     R   177.00  R   375.00 R   195.00                            
  Stop-Loss Level  R  147.50   R  312.50  R  162.50                             
  Expiry Date      15/11/2007  15/11/2007 15/11/2007                            
Conv. Ratio      1:1         1:1        1:1                                   
  Call/Put         Put         Put        Put                                   
  Existing         American    American   American                              
  Style                                                                         
New Style        European    European   European                              
  Issue            5 Million   5 Million  5 Million                             
  Size                                                                          
  JSE Code         SAPIRP      SOLIRP     TKGIRP                                
The JSE Limited ("JSE") has approved the listing of the abovementioned warrant  
and trading commenced 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 05:05:59 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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