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Thu 21 Dec 2006, 9:33 INVS - Investec Bank Limited - Expiry of Stock War
JSE   SAPIBGECOIBHBAWIBCREMIBD
 INVS                                                                            
INVS - Investec Bank Limited - Expiry of Stock Warrants                         
Investec Bank Limited                                                           
COMPLETION AND DELIVERY OF AN EXERCISE NOTICE WILL NOT BE NECESSARY AS ALL      
REGISTERED HOLDERS WHO HAVE NOT EXERCISED THEIR WARRANTS BY THE EXPIRATION DATE 
WILL RECEIVE AN AUTOMATIC CASH SETTLEMENT                                       
                          EXPIRY OF STOCK WARRANTS                              
                                                                                

Share         Barloworld     Edgars             Remgro Limited  Sappi Limited   
             Limited        Consolidated       (ISIN Code      (ISIN Code       
             (ISIN Code     Stores Limited     ZAE000083788)   ZAE000084273)    
ZAE000083721)  (ISIN Code                                          
                            ZAE000083747)                                       
Strike Price  R130.00        R32.00             R150.00         R98.00          
Expiry Date   28/12/2006     28/12/2006         28/12/2006      28/12/2006      
Conv. Ratio   30:1           8:1                35:1            25:1            
Call/Put      Call           Call               Call            Call            
Style         American       American           American        American        
Issue Size    100 Million    100 Million        100 Million     100 Million     
JSE Code      BAWIBC         ECOIBH             REMIBD          SAPIBG          
The abovementioned Warrants will expire on 28 December 2006.  Holders should    
ensure that their holdings are registered prior to this date as only registered 
holders will be entitled to exercise.                                           
It will not be necessary for a warrantholder to complete and deliver an         
Exercise Notice, as all unexercised Warrants will be deemed to have been        
automatically cash settled, with payment of the Cash Settlement Amount on the   
Cash Payment Date in accordance with the Terms and Conditions.                  
The Warrants are exercisable only in accordance with the Terms and conditions   
set out in the Offering Circular.                                               
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.: 286-4672                                                                  
E-mail: warrants@investec.co.za                                                 
Internet: www.investecwarrants.com                                              
Sponsor                                                                         
Investec Securities Limited                                                     
Member of the JSE                                                               
Registration number. 1972/008905/06)                                            
Date: 21/12/2006 09:33:15 Produced by the JSE SENS Department.                  
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