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SCIB - Standard Bank Of South Africa Limited - Notice of adjustment

Release Date: 12/11/2007 08:00
Code(s): JSE SHFSBDSHFSBE
Wrap Text

SCIB - Standard Bank Of South Africa Limited - Notice of adjustment The Standard Bank of South Africa Limited ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STEINHOFF INTERNATIONAL HOLDINGS WARRANTS Following the Steinhoff International Holdings ("SHF") announcement of a capital repayment of R0.50 per SHF share, notice is hereby given to warrantholders of SHF warrants that the Issuer will amend the terms and conditions of the warrants as indicated below, to place the warrantholder in the same financial position they were prior to the capital repayment. Existing Terms JSE Code Exercise Conversion Expiry Exercise Style ISIN CODES Price Ratio SHFSBD R26.50 6 for 1 14 Dec 2007 American Call ZAE000100574 SHFSBE R22.00 6 for 1 3 Apr 2008 American Call ZAE000104899 New Terms JSE Code Exercise Conversion Expiry Exercise Style ISIN CODES Price Ratio SHFSBD R25.84 5.85 for 1 14 Dec 2007 American Call ZAE000100574 SHFSBE R21.45 5.85 for 1 3 Apr 2008 American Call ZAE000104899 The JSE Limited Issuer Services Division has approved the adjustment of the above-mentioned warrants, and the Effective Date of the adjustment will be 12 November 2007. This Notice together with the Common Terms Document, Conditions Annexure and the relevant Supplements record the terms and conditions of the agreement between the Parties. Any terms used in this Notice which are defined in the Common Terms Document and Conditions Annexure shall bear the meaning ascribed to them therein, unless specifically stated otherwise herein. Other than as set out herein, the terms and conditions set out in the Common Terms Document, Conditions Annexure and relevant Supplements remain unchanged and in full force and effect. Copies of the warrant issue documentation may be obtained from: The Standard Bank Of South Africa Limited. (Registration Number 1962/000738/06) 3 Simmonds Street Johannesburg 2001 For further information contact : Standard Bank Warrants Tel 0800 111 780 e-mail: derivatives@standardbank.co.za Sponsor : Standard Financial Markets (Pty) Ltd (Registration Number: 1972/008305/07) An authorised user of the JSE Limited Date: 12/11/2007 08:00:23 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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