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SCIB - The Standard Bank of South Africa Limited - Adjustments to the terms and

Release Date: 06/12/2010 09:09
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SCIB - The Standard Bank of South Africa Limited - Adjustments to the terms and conditions of the Standard Bank Firstrand Ltd warrants The Standard Bank of South Africa Limited ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD BANK FIRSTRAND LTD WARRANTS Further to the announcement made by FirstRand on 12 November 2010, FirstRand Ltd has announced its intention to un-bundle its entire shareholding in Metropolitan to its ordinary shareholders. Following this announcement, notice is hereby given that the Issuer will amend the Terms and Conditions of the following warrants. The following warrants will be affected by this corporate action: Existing Terms ISIN JSE Code Exercise Conversion Expiry Exercise Style Price Ratio ZAE000146718 FSRSBB R 21.00 5 5 Jan 2011 American Call ZAE000149787 FSRSBC R 20.00 5 2 Mar 2011 American Call ZAE000152146 FSRSBD R 23.00 7 5 Jul 2011 American Call ZAE000150298 FSRSBP R 20.00 5 3 May 2011 European Put ZAE000146155 FSRSBZ R 19.50 5 7 Dec 2010 European Put New Terms ISIN JSE Code Exercise Conversion Expiry Exercise Style Price Ratio ZAE000146718 FSRSBB R 18.13 4.32 5 Jan 2011 American Call ZAE000149787 FSRSBC R 17.26 4.32 2 Mar 2011 American Call ZAE000152146 FSRSBD R 19.85 6.04 5 Jul 2011 American Call ZAE000150298 FSRSBP R 17.26 4.32 3 May 2011 European Put ZAE000146155 FSRSBZ R 16.83 4.32 7 Dec 2010 European Put The Effective Date of the adjustment shall be 6th December 2010. The JSE Limited (JSE) Issuer Services Division has approved the adjustment of the above-mentioned Instalments. This Notice together with the Common Terms Document and Conditions Annexure record the terms and conditions of the agreement between the Parties. Any terms used in this Notice which are defined in the Common Terms Document, Conditions Annexure and the relevant Supplements shall bear the meaning ascribed to them therein, unless specifically stated otherwise herein. Other than as set out herein, the terms and conditions set out in the Common Terms Document, Conditions Annexure and relevant Supplements remain unchanged and in full force and effect. Date: 06/12/2010 09:09:53 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.

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