INVESTEC BANK LIMITED - Amended Announcement- HYPIVB

Amended Announcement- HYPIVB

INVESTEC BANK LIMITED

JSE SHARE CODE: HYPIVB
JSE ISIN CODE: ZAE000081782

Investec Variable Strike Warrant: Amendment to the Distribution Payment of the Terminated Variable Strike Warrant
HYPIVB Announcement.


Share                   Adjusted       Expiry Date      Cover   Call/Put      Style          JSE Code
                        Exercise                        Ratio
                        Price per
                         Share

Hyprop Investments        R0.00        19/07/2016        1:1      Call      European          HYPIVB
Limited                                                                                    ZAE000081782



Please be advised that the announcement has been amended to include the linked units ISIN of ZAE000003430.

As a result of the “Interest Distribution” an adjustment was made to the exercise price to ensure the financial position of the
warrant holders is unprejudiced.

Investec Bank Limited, as Issuers of the abovementioned warrant HYPIVB, would like to advise Holders, that due to the new
adjusted exercise price of R0.00, effective 17 September 2012, HYPIVB was terminated and Holders are now entitled to
receive the linked units, being Hyprop Investments Limited JSE share code HYP ISIN ZAE000003430, at the new exercise
price of R0.01, together with the balance of the cash payment being the R1.98 distribution less the R0.28 final pay down of the
strike (equaling R1.69). This will automatically accrue to holders via instruction to STRATE.


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)

          )

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