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SCIB - The Standard Bank Of South Africa - Adjustments To The Terms And

Release Date: 19/11/2007 08:52
Code(s): JSE FSRSTB
Wrap Text

SCIB - The Standard Bank Of South Africa - Adjustments To The Terms And Conditions Of The Firstrand Ltd Share Instalments THE STANDARD BANK OF SOUTH AFRICA LIMITED NOTICE OF ADJUSTMENT ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE FIRSTRAND LTD SHARE INSTALMENTS Following the Firstrand Limited ("FSR") announcement of the unbundling of Discovery Holdings LTD ("DSY"), FSR share holders will be receiving 5.61343 DSY shares for every 100 FSR shares held, notice is hereby given to share instalment holders of FSR share instalments that the Issuer will amend the terms and conditions of the share instalments as indicated below, holders the share instalment ("FSRSTB") will also be receiving 5.61343 DSYSTB share instalments for every 100 FSRSTB share instalments held. Existing Terms JSE Exercise Conversion Expiry Exercise ISIN CODES Code Price Ratio Style FSRSTB R17.75 1 for 1 12 Sep 2008 American ZAE000103669 Call New Terms JSE Exercise Conversion Expiry Exercise ISIN CODES Code Price Ratio Style FSRSTB R16.60 1 for 1 12 Sep 2008 American ZAE000103669 Call New Instalment JSE Code Exercise Conversio Expiry Exercise ISIN CODES Price n Ratio Style DSYSTB R20.58 1 for 1 12 Sep 2008 American ZAE000109849 Call The JSE Limited Issuer Services Division has approved the adjustment of the above-mentioned share instalments, and the Effective Date of the adjustment will be 19 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: 19/11/2007 08:52:01 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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