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INVS - Investec Bank Limited - Expiry of Enhanced Dividend Securities 14

Release Date: 31/01/2011 07:51
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INVS - Investec Bank Limited - Expiry of Enhanced Dividend Securities 14 February 2011 Share Anglo American Plc Anglo Platinum Limited
Strike Price R148.28 R 432.25 Stop-Loss Level R202.20 R589.50 Expiry Date 14/02/2011 14/02/2011 Cover Ratio 1:1 1:1 Call/Put Call Call Style American American Issue Size 650000 123000 JSE Code AGLIDJ ZAE000149449 AMSIDD ZAE000146783 Share BHP Billiton Plc Standard Bank Group Limited Strike Price R114.50 R62.00 Stop-Loss Level R156.00 R85.00 Expiry Date 14/02/2011 14/02/2011 Cover Ratio 1:1 1:1 Call/Put Call Call Style American American Issue Size 1097000 1463000 JSE Code BILIDH ZAE000146809 SBKIDH ZAE000148656 Share Sasol Limited Satrix 40 Strike Price R161.15 R13.50 Stop-Loss Level R219.75 R18.25 Expiry Date 14/02/2011 14/02/2011 Cover Ratio 1:1 1:1 Call/Put Call Call Style American American Issue Size 736000 191000 JSE Code SOLIDH ZAE000149266 STXIDE ZAE000146841 Share Tongaat Hullet Limited Strike Price R59.00 Stop-Loss Level R80.50 Expiry Date 14/02/2011 Cover Ratio 1:1 Call/Put Call Style American Issue Size 87000 JSE Code TONIDG ZAE000148417 Investec Bank Limited, as Issuers of the above Enhanced Dividend Securities (EDS), hereby reminds holders of their imminent option expiry on 14 February 2011 (see the related securities above). 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. Should holders choose to expire the "Existing" EDS they should notify the Investec Equity Derivatives Desk before 12:00 hours, Monday 7 February 2011. The "Existing" EDS will expire at full intrinsic value on the respective expiry date. A cash settlement amount representing the number of 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. Should holders not choose either option 1 or 2, Investec will make arrangement to buy-back the "Existing" EDS and sell the "New" EDS. (The "New" EDS, will be listed on Friday 4 February 2011) This will be done on an optimal ratio basis, a cash distribution of any difference between the intrinsic value inherent to the "Existing" EDS and the "New" EDS will accrue to the client. 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: 31/01/2011 07:51:02 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.

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