INVS - Investec Bank Limited - Rebate Payment Of T
JSE EXXIHA
INVS
INVS - Investec Bank Limited - Rebate Payment Of Terminated Hot Enhanced
Dividend Security - EXXIHA
Investec Bank Limited
Share Exxaro Resources
Limited (ISIN Code:
ZAE000092185)
Strike Price R54.00
Stop-Loss Level R61.50
Expiry Date 15 /01/2008
Conv. Ratio 1:1
Call/Put Call
Style American
Issue Size 200 000
JSE Code EXXIHA
Investec Bank Limited, as Issuers of the above EXXIHA, Hot Enhanced Dividend
Security (Hot EDS), would like to advise Holders, that due to the breach of the
Stop-Loss Level of R61.50 as of 28 February 2007, EXXIHA was terminated and
Holders are now entitled to receive the Rebate payment.
The Rebate payment represents the number of Hot EDS held on 28 February 2007,
multiplied by the excess of the simple average of the Volume Weighted Average
Price ("VWAP") of the Underlying Parcel over the two Business Days following
the Termination Date, over the Exercise Price (Strike Price) of R54.00. This
amount will automatically accrue to holders via instruction to STRATE.
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.: 011 286-4672
E-mail: warrants@investec.co.za
Internet: www.investecwarrants.com
Sponsor
Investec Securities Limited
Member of the JSE
(Registration number. 1972/008905/06)
Date: 01/03/2007 08:51:19 Produced by the JSE SENS Department.
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