INVESTEC BANK LIMITED - Breached Barrier- BILIRT

Breached Barrier- BILIRT

INVESTEC BANK LIMITED – NOTICE OF BARRIER FOR BARRIER PUT WARRANT BILIRT


Share                              BHP Billiton Plc



Strike Price                       R354.00
Stop-Loss Level                    R295.00
Expiry Date                        14/01/2013
Cover Ratio                        1:1

Call/Put                           Put
Style                              European
Issue Size                         1,150,000
JSE Code                           BILIRT ZAE000163275



Investec Bank Limited, as Issuers of the above BILIRT, Barrier Put Warrant (REV), would like to advise Holders
that due to the breach of the stop loss level of R295.00 in the Underlying Share, as of close of business Tuesday,
18 December 2012 the abovementioned REV has been terminated.

Holders are now entitled to receive the Rebate Payment, represented by the number of REVS held on the
termination date, multiplied by the excess of the simple average of the Volume Weighted Average Price (“VWAP”)
of the Underlying Share over the two Business Days following the Termination Date over the Exercise Price (Strike
Price) of R354.00. This amount will automatically accrue to holders via instruction through 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.investec.co.za

Sponsor
           Investec Securities Limited
           Member of the JSE
           Registration number. 1972/008905/06)

Date: 20/12/2012 09:12:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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