INVESTEC BANK LIMITED - BILIHN - Cash distribution

BILIHN - Cash distribution

INVESTEC BANK LIMITED

WARRANTS

JSE SHARE CODE: BILIHN
JSE ISIN CODE:  ZAE000201455


CASH DISTRIBUTION RELATING TO THE UNBUNDLING OF SOUTH 32 SHARE FROM BHP BILLITON S
ON BHP BILLITON PLC HOT ENHANCED DIVIDEND SECURITIES – (“BILIHN”)


With reference to the approval of the proposed demerger of South32 by the shareholders of BHP Billiton Limited
and BHP Billiton Plc on 6 May 2015 the BHP Billiton Board approved the inspecie distribution of South32 Limited
(ABN 84 093 732 597) shares to shareholders in BHP Billiton Limited and BHP Billiton Plc payable on 25 May
2015.

Accordingly, the warrant holders of BILIHN, will receive a cash payment amount calculated on the VWAP value of
one South32 Limited share at the close of business on Monday 18 May 2015 for each BHP Billiton HED (BILIHN)
held at the close of business on Friday, 15 May 2015 in terms of the Cession clause incorporated in the
Supplement between the holders and Investec Bank Limited. The last day to trade (“cum” the dividend) in order
to participate in the dividend was Friday, 15 May 2015.

BILIHN Hot Enhanced Dividend Securities commenced trading “ex” this cash distribution amount from the
commencement of business on Monday, 18 May 2015, and the record date is be Friday, 22 May 2015.


Date: 22 May 2015

 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.co.za


 Sponsor
           Investec Securities Limited
           Member of the JSE
           Registration number. 1972/008905/06)

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