HYPIVC - Investec Warrants - Adjustment to exercise price on Hyprop

HYPIVC - Investec Warrants - Adjustment to exercise price on Hyprop             
Investments Limited (HYP) variable strike warrant                               
INVESTEC WARRANTS                                                               
JSE SHARE CODE:    HYPIVC                                                       
JSE ISIN CODE:     ZAE000138202                                                 
ADJUSTMENT TO EXERCISE PRICE ON HYPROP INVESTMENTS LIMITED (HYP) VARIABLE       
STRIKE WARRANT- HYPIVC                                                          
Investec Variable Strike Warrants:  Adjustment to the Exercise Price as of 16   
March 2012                                                                      
Share   Adjusted     Expiry   Cover     Call/Put  Style      JSE Code           
       Exercise     Date     Ratio                                              
Price per                                                                
       Share                                                                    
                                                                                
Hyprop  R14.973      24/07/2  1:1       Call      European   HYPIVC             
Investm              016                                     ZAE000138202       
ents                                                                            
Limited                                                                         
As a result of the Recalculation based on the debenture interest distribution   
an adjustment has been made to the exercise prices of the above-mentioned       
Variable Strike warrants.  These adjustments are effective from 16 March 2012.  
The warrant is exercisable only in accordance with the terms and conditions as  
set out in the relevant offering circular.                                      
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.investecwarrants.com                                     
Sponsor                                                                         
Investec Securities Limited                                            
         Member of the JSE                                                      
         Registration number. 1972/008905/06)                                   
Date: 16/03/2012 16:39:07 Supplied by www.sharenet.co.za                     
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