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INVESTEC BANK LIMITED - ANN TO WARRANT HOLDERS OF THEIR NEW POSITIONS OFTHE HOT ENHANCED DIVIDEND SECURITIES WHICH EXPIRED 25 JULY 2012

Release Date: 27/07/2012 07:05
Code(s): BILIHI BILIHJ
Wrap Text
ANN TO WARRANT HOLDERS OF THEIR NEW POSITIONS OFTHE HOT ENHANCED DIVIDEND SECURITIES WHICH EXPIRED 25 JULY 2012

INVESTEC BANK LIMITED – ANNOUNCEMENT TO WARRANT HOLDERS OF THEIR NEW POSITIONS OF
THE HOT ENHANCED DIVIDEND SECURITIES WHICH EXPIRED 25 JULY 2012


                Share         Old Position       Old Price    Old       New Position      Price        New        Conversion     Cash p
                                                             Strike                                   Strike         Ratio         ratio
                                                                                                                  (Old : New)
          BHP Billiton Plc      BILIHI            R68.30     R164.00      BILIHJ         R68.45      R176.00       1:0.99781    0.00
                             ZAE000159117                                  ISIN
                                                                       ZAE000169413

Investec Bank Limited, as Issuers of the above Hot Enhanced Dividend Securities (Hot EDS), would like to inform
warrant holders who rolled their Hot EDS into the “New” series of Hot EDS of the positions in which their securities
closed out on Wednesday, 25 July 2012 and to inform warrant holders of their new positions.

This has been done on an optimal-ratio basis, with cash distribution equal to the difference between the intrinsic
value inherent to the “Expired” Hot EDS multiplied by the position held on expiry and “New” Hot EDS multiplied by
the new position held.


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)

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