Option Strategy
November 14 2003 - 11:11AM
UK Regulatory
INVESTEC HIGH INCOME TRUST PLC
Option Strategy
In line with the Company's portfolio protection strategy, it has purchased in
two tranches a European put option on the FTSE 100, on a notional amount of �
12.6m at the strike price of 3350. One half expires in October 2004 and the
other half in November 2004. The average cost of the option was 2.3% of the
notional amount.
Enquiries:
David Liddell / Heather Williams 020 7597 2000
Investec Investment Management Limited
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