RMHIDD - Investec Bank Limited - Adjustment to the terms and conditions of

RMHIDD - Investec Bank Limited - Adjustment to the terms and conditions of      
RMHIDD                                                                          
INVESTEC BANK LIMITED                                                           
ADJUSTMENT TO THE TERMS AND CONDITIONS OF RMHIDD    ZAE000152401                
As a result of the RMB Holdings Limited ("RMBH") corporate action, RMBH will,   
subject to the fulfilment of the condition precedent set out in their           
announcement made on the 15 December 2010 and revised on 26 January 2011,       
unbundle the Rand Merchant Insurance Holdings Limited ("RMI") ordinary shares to
be listed on 7 March 2011 to shareholders in the ratio of 1 RMI share for every 
1 RMBH ordinary share held on the record date, 11 March 2011.                   
As a result of the RMBH corporate action, an adjustment to the Terms and        
Conditions of RMHIDD may be required in order to leave RMHIDD Holders with the  
same financial position as prior to the unbundling, should such unbundling      
potentially cause RMHIDD to barrier. Should no adjustment be necessary, the RMI 
ordinary shares will be distributed to Holders of RMHIDD accordingly.           
Holders of RMHIDD will be notified on Friday, 4 March 2011 of the adjustment to 
the Terms and Conditions, if any, and the action to be taken by the Issuer.     
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.: 0860 103 343                                                              
E-mail: warrants@investec.co.za                                                 
Internet: www.investec.com                                                      
Sponsor                                                                         
Investec Securities Limited                                                     
Member of the JSE                                                               
(Registration number. 1972/008905/06)                                           
Date: 25/02/2011 11:23:01 Supplied by www.sharenet.co.za                     
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