INVESTEC BANK LIMITED - Noitce of Breached Barrier - APNIHA

Noitce of Breached Barrier - APNIHA

INVESTEC BANK LIMITED
NOTICE OF BARRIER FOR HOT ENHANCED DIVIDEND APNIHA

Share                              Aspen Pharmacare Holdings Ltd



Strike Price                       R266.84
Stop-Loss Level                    R302.84
Expiry Date                        2016/05/20
Cover Ratio                        1:1

Call/Put                           Call
Style                              American
Issue Size                         580 000
JSE Code                           APNIHA
ISIN Code                          ZAE000205050



Investec Bank Limited, as Issuers of the APNIHA Hot Enhanced Dividend Security (HOTEDs), would like to advise
Holders that due to the breach of the stop loss level of R302.84 in the Underlying Share, as of close of business on
Friday, 25 September 2015 the abovementioned HOTED has been terminated.

Holders are now entitled to receive the Rebate Payment, represented by the number of HOTEDs 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 R266.84. This amount will automatically accrue to holders via instruction through STRATE.

28 September 2015

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 (Pty) Ltd
           Member of the JSE
           Registration number. 1972/008905/07)

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