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INVS - Investec Bank Limited - Expiry of hot enhanced dividend securities 1 June

Release Date: 17/05/2011 09:41
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INVS - Investec Bank Limited - Expiry of hot enhanced dividend securities 1 June 2011 Share Investec Limited Massmart Holdings Limited
Strike Price R43.00 R97.50 Stop-Loss Level R49.00 R110.00 Expiry Date 01/06/2011 01/06/2011 Cover Ratio 1:1 1:1 Call/Put Call Call Style American American Issue Size 300,000 250,000 JSE Code INLIHD ZAE000150173 MSMIHC ZAE000150199 Share Nedbank Group Limited The Foschini Group Limited Strike Price R105.00 R55.00 Stop-Loss Level R119.00 R62.00 Expiry Date 01/06/2011 01/06/2011 Cover Ratio 1:1 1:1 Call/Put Call Call Style American American Issue Size 300,000 400,000 JSE Code NEDIHC ZAE000150215 TFGIHF ZAE000151460 Share Telkom SA Limited Truworths International Limited
Strike Price R27.50 R47.50 Stop-Loss Level R31.00 R54.00 Expiry Date 01/06/2011 01/06/2011 Cover Ratio 1:1 1:1 Call/Put Call Call Style American American Issue Size 750,000 600,000 JSE Code TKGIHG ZAE000150249 TRUIHC ZAE000150165 Share Kumba Iron Ore Limited Strike Price R263.00 Stop-Loss Level R298.00 Expiry Date 01/06/2011 Cover Ratio 1:1 Call/Put Call Style American Issue Size 125,000 JSE Code KIOIHD ZAE000150181 Investec Bank Limited, as Issuers of the above Hot Enhanced Dividend Securities (HOT EDS), hereby reminds holders of their imminent option expiry on 1 June 2011 (see the related securities above). 1 Holders may choose to exercise and pay the Exercise Price (Strike Price) in order to receive the underlying securities on or before 12:00 hours, one business day prior to the Expiry Date. 2 Should holders choose to expire the "Existing" Hot EDS they should notify the Investec Equity Derivatives Desk before 12:00 hours, Thursday 25 May 2011. The "Existing" Hot EDS will expire at full intrinsic value on the respective expiry date. A cash settlement amount representing the number of Hot EDS held on that date 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 Expiry Date, over the Exercise Price (Strike Price) will automatically accrue to the holder. 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.com Sponsor Investec Securities Limited Member of the JSE Registration number. 1972/008905/06) Date: 17/05/2011 09:41:02 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.