INVESTEC BANK LIMITED - Breached Barrier- Rebate Payment

Breached Barrier- Rebate Payment

INVESTEC BANK LIMITED – NOTICE OF BARRIER FOR HOT ENHANCED DIVIDEND SECURITIES – KIOIHA


Share                              Kumba Iron Ore Limited



Strike Price                       R411.00
Stop-Loss Level                    R466.00
Expiry Date                        25/07/2013
Cover Ratio                        1:1

Call/Put                           Call
Style                              American
Issue Size                         190,000
JSE Code                           KIOIHA ZAE000169454




Investec Bank Limited, as Issuers of the above KIOIHA, Hot Enhanced Distribution Security (HOT EDS), advised
Holders that due to the breach of the stop loss level of R466.00 in the Underlying Share, as of close of business
Wednesday, 5 September 2012 the abovementioned Hot Enhanced Distribution Security (HOT EDS) has been
terminated.

The Rebate Payment, represented by the number of HOT EDS 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 R411.00 This amount
will automatically accrue to holders via instruction through STRATE.

The VWAP on, 6 September 2012 = 46388 cents
The VWAP on, 7 September 2012 = 48131.8 cents
The simple average of the 2 day VWAP = 47259.9 cents

Holders will receive R61.599 for every warrant held.



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: 10/09/2012 03:14:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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