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19-Oct-2017
(Official Notice)
On a quarterly basis the Standard Bank Group discloses to ICBC sufficient information to enable ICBC to equity account the group's results. Accordingly, the following consolidated financial information, prepared on an International Financial Reporting Standards basis, is being provided to ICBC for the nine months ended 30 September 2017.



Update on the group?s performance for the nine months ended 30 September 2017

The trends seen in the group?s banking activities in the three months to 30 September 2017 were similar to those reported in the six months to 30 June 2017. Whilst revenues remained under pressure, good cost control delivered better operational efficiency. Banking activities? results were supported by a continued benign credit performance. The relative rand strength continued to dampen reported earnings. Other banking interests contributed positively to the group?s performance and earnings attributable to ordinary shareholders grew 16% period-on-period. During the period the headline earnings adjustable items were not significant and as a result the group?s headline earnings growth was in line with the growth in earnings attributable to Standard Bank Group ordinary shareholders.



The group?s common equity tier 1 capital ratio remained in excess of our internal target range of 11.0% ? 12.5%. The group?s Basel III disclosure as at 30 September 2017 will be released in November 2017.
12-Sep-2017
(Official Notice)
Following a carefully planned management succession process Standard Bank Group announces changes to its current joint-group chief executive structure. The board is satisfied that the structure, which was necessary in 2013, has met and in many respects exceeded expectations. Accordingly, Ben Kruger steps down from the role of joint-group chief executive with immediate effect. He remains an executive director of the company, reporting to the group chief executive.



Sim Tshabalala continues in the role of group chief executive of Standard Bank Group and chief executive of The Standard Bank of South Africa Ltd.



Ben?s new role will include: Contributing to the governance of the group as a member of the group board; contributing to the leadership, management and governance of Africa Regions; guiding the continued digitisation of the group; deepening and broadening the group?s relationship with its strategic partner ICBC; helping with the management of the Group?s risks; and maintaining and building key client relationships.



18-Aug-2017
(Media Comment)
Business Day highlighted that Standard Bank is the only one of the big four banks to report a double digit increase in headline earnings so far for this earnings season. Standard Bank CEO Sim Tshabalala said the bank's growth in earnings showed its strategy which included focusing on clients, digitisation and its vision of being the leading financial services organisation across Africa, was working.
17-Aug-2017
(C)
13-Jun-2017
(Official Notice)
Noteholders are hereby advised of the amendment to Stanbank and SBSA?s credit rating effective on 12 June 2017.



Moody?s Investors Service (?Moody?s? or ?the agency?) has downgraded the Long-Term local and foreign currency deposit ratings of SBSA to Baa3 from Baa2, and the Short-Term local and foreign currency deposit ratings to P-3 from P-2. The agency also downgraded the Long-Term local and foreign currency Issuer Ratings of Stanbank to Ba1 from Baa3. The Long-Term and Short-Term National Scale Ratings of SBSA were affirmed as P-1.za and Aa1.za respectively. A negative outlook was assigned.



This rating action concludes the review initiated on 4 April 2017 on the five largest South African banks and follows the weakening of the South African government?s credit profile, as captured by Moody?s lowering of the Long-Term Issuer Ratings of the South African sovereign rating to Baa3 from Baa2 on 9 June 2017.



In view of the correlation between sovereign and bank credit risk, SBSA?s ratings are constrained by the rating of the South African government. As is its standard practice, Moody?s positions Stanbank?s Issuer Rating one notch lower than the deposit ratings of SBSA, reflecting the structural subordination of Stanbank?s creditors to those of SBSA.



Moody's expects SBSA?s financial fundamentals to largely remain robust, despite the weak economic environment exerting some pressure on its earnings and testing the resilient performance it has demonstrated in recent years. Moody's expects SBSA will maintain healthy capital levels.
31-May-2017
(Official Notice)
Standard Bank Group announces the resignation of Dr Shu Gu (Joint Deputy Chairman) and Dr Wenbin Wang as non-executive directors of the board of directors of the Company, with effect from 1 June 2017.



In their stead, the company has appointed Dr Hao Hu (55) (Doctorate in Economics) and Mr Lubin Wang (40) (Bachelor degree in Corporate Finance and Master?s degree in Accounting and Finance) as non-executive directors. Dr Hao Hu has also been appointed as one of two deputy chairmen of the Company, with effect from 1 June 2017.



These appointments are effected in terms of an agreement between the Group and Industrial and Commercial Bank of China Ltd. (?ICBC?), a 20% shareholder in the Standard Bank Group, wherein ICBC is entitled to nominate two non-executive directors for appointment to the Board, one of whom serves as a senior deputy chairman.



Dr Hu and Mr Lubin Wang will also replace Dr Shu Gu and Dr Wenbin Wang as non-executive directors on the board of The Standard Bank of South Africa Ltd..
30-May-2017
(Official Notice)
Standard Bank Group announced senior leadership changes to its Corporate - Investment Banking (CIB) division. Following the appointment of David Munro as chief executive officer (CEO) of Liberty, Kenny Fihla, the current deputy chief executive and Head of Client Coverage CIB, has been appointed as chief executive CIB, with immediate effect. Mr Fihla has been a key player in driving CIB?s growth and in managing key corporate clients across the continent and major financial centres around the globe. He has demonstrated his ability to consistently drive performance in his various leadership roles with CIB and his experience equips him well as he takes on his new position. Mr Fihla was previously the chief executive of Business Against Crime from 2003 to 2006 and prior to that held various leadership positions within the public sector.



Thabo Dloti, the current CEO of Liberty, is leaving Liberty following a difference of opinion with the board on the immediate focus of the company at a time when the organisation is facing tough operational and environmental challenges.



29-May-2017
(Official Notice)
Standard Bank Group announces that, having reached retirement age, Edward Malcolm (Ted) Woods retired as a non-executive director of Standard Bank Group at the close of the company?s annual general meeting held on Friday, 26 May 2017. He also retired from the board of The Standard Bank of South Africa Ltd. at the close of its annual general meeting held on Thursday, 25 May 2017.







26-May-2017
(Official Notice)
Standard Bank Group advises its shareholders that all the ordinary and special resolutions proposed in the notice of the AGM dated 1 March 2017 and tabled at the company?s AGM held today, Friday 26 May 2017, were passed by the requisite majority of votes cast by shareholders.

11-May-2017
(Official Notice)
Noteholders are advised that the Company has published its Annual Financial Statements for the year ended 31 December 2016 (?the AFS?) on the Company?s website: www.reporting.standardbank.com/resultsreports.php
25-Apr-2017
(Official Notice)
21-Apr-2017
(Official Notice)
Shareholders of the Standard Bank Group (?shareholders?) are advised that the Group?s Governance and Remuneration Report, which includes the notice of Annual General Meeting and proxy form, will be distributed to shareholders today, Friday, 21 April 2017. The consolidated audited Annual Financial Statements of the Group for the year ended 31 December 2016, on which KPMG Inc. and PricewaterhouseCoopers Inc. expressed an unmodified opinion, contain no modifications to the audited results for the year ended 31 December 2016 which were released on the Stock Exchange News Service of the JSE Limited on Thursday, 2 March 2017.



An electronic version of the Group?s Annual Integrated Report, the Governance and Remuneration Report, the Risk and Capital Management Report and the full audited Annual Financial Statements will be made available on the investor relations website of Standard Bank Group on Friday, 21 April 2017 during the course of the morning.



Annual General Meeting

The Annual General Meeting of shareholders will be held in the HP de Villiers Auditorium, Ground Floor, Standard Bank Centre, 6 Simmonds Street, Johannesburg on Friday, 26 May 2017 at 09:00 to transact the business stated in the notice of the Annual General Meeting, which is issued together with the Governance and Remuneration Report.



The forms of proxy should be lodged with the Transfer Secretaries, Computershare Investor Services Proprietary Limited, by no later than 09:00 on Wednesday, 24 May 2017. The record date for shareholders to participate in and vote at the Annual General Meeting is Friday, 19 May 2017. Accordingly, the last day to trade to participate in and vote at the Annual General Meeting is Tuesday, 16 May 2017.
13-Apr-2017
(Official Notice)
Noteholders are hereby advised of the amendment to SBG and SBSA?s credit rating effective on 11 April 2017.



Following the lowering by Fitch Ratings (?Fitch? or ?the agency?) of South Africa?s sovereign Long-Term Foreign and Local Currency IDRs to BB+ from BBB-, which were assigned on 7 April 2017, the agency yesterday downgraded a number of South Africa?s largest banks, as their ratings are constrained by the sovereign rating.



Consequently, Fitch has downgraded the Long-Term Issuer Default Ratings (IDRs) of SBG and SBSA to BB+ from BBB-. The Short-Term IDRs have been downgraded to B from F3. The outlook is stable. At the same time, the long-term and short-term national ratings of SBG and SBSA were affirmed as F1+(ZAF) and AA(ZAF) respectively, with a stable outlook.



Fitch has noted the banks as having strong franchises, sound management and governance and solid financial metrics. For commentary on the detailed ratings action taken on SBG and SBSA, together with the other South African Banks, please refer to the Fitch press release on their website: https://www.fitchratings.com/site/pr/1022036
02-Mar-2017
(C)
16-Nov-2016
(Official Notice)
20-Oct-2016
(Official Notice)
On a quarterly basis the Standard Bank Group discloses to ICBC sufficient information to enable ICBC to equity account the group's results. Accordingly, the consolidated financial information detailed in the relevant SENS note, prepared on an International Financial Reporting Standards basis, is being provided to ICBC for the nine months ended 30 September 2016.
05-Oct-2016
(Media Comment)
Business Day reported that Standard Bank cemented its goal to position itself as the bank for businesses in Africa at the group's intra-Africa business conference in Ghana. Speaking at the conference?s opening, the group's chairman Thulani Gcabashe said the group looks to build a collective of business people with the objective of prospering in West Africa. The conference is centred around the challenges and opportunities of doing business in the region with exhibitions from businesses and government leaders and a site visit to Standard Bank?s business clients in Ghana.
18-Aug-2016
(C)
27-May-2016
(Official Notice)
Shareholders are advised of the voting results for the annual general meeting (?AGM?) of the Standard Bank Group held at 09h00 on Thursday, 26 May 2016.



All resolutions were passed by the requisite majority of ordinary and preference shareholders present in person or represented by proxy at the AGM.





26-May-2016
(Official Notice)
23-May-2016
(Official Notice)
The South African banking operations of Standard Bank Group have been the victim of a sophisticated, coordinated fraud incident. This involved the withdrawal of cash using a small number of fictitious cards at various ATMs in Japan. The target of the fraud has been Standard Bank and there has been no financial loss for customers.



Standard Bank has taken swift action to contain the matter and the gross loss to the bank is estimated at R300m. This is prior to any potential recoveries that may serve to reduce the loss.



The relevant authorities have been alerted.



Investigations are at a sensitive stage and further information will be provided as appropriate.



25-Apr-2016
(Official Notice)
No Change Statement

Shareholders of the Standard Bank Group (?shareholders?) are advised that the Group?s Governance and Remuneration Report, which includes the notice of Annual General Meeting and proxy form, will be distributed to shareholders today, Monday, 25 April 2016.



The consolidated audited Annual Financial Statements of the Group for the year ended 31 December 2015 contain no modifications to the audited results for the year ended 31 December 2015 which were released on the Stock Exchange News Service of the JSE Limited on Thursday, 3 March 2016.



An electronic version of the Group?s Annual Integrated Report, the Governance and Remuneration Report, the Risk and Capital Management Report and the full audited Annual Financial Statements will be made available on the investor relations website of Standard Bank Group on Monday, 25 April 2016 during the course of the morning.



Annual General Meeting

The Annual General Meeting of shareholders will be held in the HP de Villiers Auditorium, Ground Floor, Standard Bank Centre, 6 Simmonds Street, Johannesburg on Thursday, 26 May 2016 at 09:00 to transact the business stated in the notice of the Annual General Meeting, which is issued together with the Governance and Remuneration Report.



The record date for shareholders to participate in and vote at the Annual General Meeting is Friday, 20 May 2016. Accordingly the last day to trade to participate in and vote at the Annual General Meeting is Friday, 13 May 2016.



22-Apr-2016
(Official Notice)
Shareholders are referred to the Group?s announcement dated 20 January 2016 relating to the announcement of Dr Arno Daehnke as Group Financial Director Designate, to succeed Simon Ridley who will retire from the Group, as well as the Standard Bank Group and The Standard Bank of South Africa Ltd. boards, on 30 April 2016.



The Group is pleased to announce Dr Daehnke?s appointment as Group Chief Financial Officer and Executive Director to its board and the board of The Standard Bank of South Africa Ltd. with effect from 1 May 2016.
20-Apr-2016
(Official Notice)
On a quarterly basis the Standard Bank disclosed to ICBC sufficient information to enable ICBC to equity account the group's results. Accordingly, the following consolidated financial information, prepared on an International Financial Reporting Standards basis, is being provided to ICBC for the three months ended 31 March 2016.
03-Mar-2016
(C)
24-Feb-2016
(Official Notice)
Standard Bank Group will announce its results for the year ended 31 December 2015 (?the results?) on Thursday, 3 March 2016. The group has established that a reasonable degree of certainty exists that these results will differ, as set out below, from those reported for the year ended 31 December 2014 (?the comparable period?).



In considering the improvement in earnings reflected below, shareholders are reminded that headline earnings in the comparable period included the impact of losses incurred in the outside Africa discontinued operation of R3.7 billion, which losses have reduced meaningfully in 2015. Furthermore, there are gains recorded outside of headline earnings in 2015 related to the disposal of the abovementioned discontinued operation, which gains were not present in the comparable period. These gains were explained in detail in the Stock Exchange News Service of the JSE (?SENS?) announcement of the group?s interim results to 30 June 2015, dated 14 August 2015. We further draw attention to the SENS announcement dated 30 November 2015 regarding settlement agreements reached by Standard Bank Plc (now known as ICBC Standard Bank Plc) with certain authorities.



The final effect of all these items on the results will be fully explained in the group?s results announcement on 3 March 2016, which shareholders should consider in order to gain a full appreciation of the group?s financial performance. The expected range of earnings for the year ended 31 December 2015 as compared to the group?s earnings as reported for the comparable period is set out below on both an International Financial Reporting Standards (?IFRS?) and a normalised basis. The ?normalised? earnings measures are presented in accordance with the definition as set out on pages 70 to 72 of the group?s 2014 annual integrated report.



The group?s earnings for the year ended 31 December 2015 are expected to exceed the relevant earnings for the comparable period by:

- between 25% and 35% in the case of both IFRS earnings per share (EPS) (both undiluted and fully diluted) and of IFRS headline EPS (HEPS) (both undiluted and fully diluted);

- between 25% and 35% in the case of both undiluted and fully diluted normalised EPS; and

- between 20% and 30% in the case of both undiluted and fully diluted normalised HEPS.
20-Jan-2016
(Official Notice)
Standard Bank Group (?SBG?) announced Dr Arno Daehnke as Group Financial Director Designate. Arno will carry out the function of Chief Financial Officer of SBG with effect from 1 May 2016 to succeed Simon Ridley, who will retire from the group on 30 April 2016, having reached the group?s executive retirement age.
11-Dec-2015
(Official Notice)
Standard Bank Group is pleased to announce the appointment of Dr Martin Oduor-Otieno as a non-executive director to its board and the board of The Standard Bank of South Africa Ltd. with effect from 1 January 2016.
30-Nov-2015
(Official Notice)
26-Nov-2015
(Official Notice)
Shareholders of the Group are advised that on Monday 30 November 2015 the United Kingdom (?UK?) Serious Fraud Office and Standard Bank Plc (now known as ICBC Standard Bank Plc) ("the Bank") will appear before the Crown Court at Southwark, London (sitting in the Royal Courts of Justice, London, UK) to seek approval for the terms of a Deferred Prosecution Agreement (?DPA?). A DPA is an agreement between a prosecutor and a defendant whereby the prosecution of an alleged offence is suspended for an agreed period of time and then withdrawn if during that time the defendant complies with the terms of the agreement.



Aggregate agreed payments to be made by the Bank in order to resolve matters in relation to the relevant events dating from 2012/13 are not expected to exceed USD40 million. Standard Bank Group is not permitted to provide any further details prior to the approval hearing on 30 November 2015.



Under the terms of the completed transaction by which the Group sold 60% of the Bank?s ordinary shares in issue to the Industrial and Commercial Bank of China Ltd. (?ICBC?), effective 1 February 2015, as set out in the circular to Standard Bank Group shareholders dated 24 February 2014, the Group agreed to indemnify ICBC against the costs of such resolutions and accordingly the full cost of such resolutions will be borne by the Group.
04-Nov-2015
(Official Notice)
Further to the Group's announcement of 30 October 2015 relating to the public notification on 26 October 2015 by the FRCN of purported administrative sanctions with respect to the financial reporting of the Group's Nigerian listed subsidiary, Stanbic IBTC, Standard Bank Group has now received a copy of a letter sent by the Governor of the Central Bank of Nigeria ("CBN"), the apex regulator of the Nigerian banking sector, to the FRCN regarding this matter.



This letter, dated 2 November 2015, is critical of the substance underlying the FRCN's purported administrative sanctions, based on due diligence enquiries undertaken by the CBN; is critical of the process followed by the FRCN in making the notification; challenges the validity of the various sanctions purported to be imposed on Stanbic IBTC and certain of its directors and office-holders by the FRCN; and culminates in the CBN declining a request by the FRCN that the CBN take disciplinary action against Stanbic IBTC in support of the FRCN?s purported findings. Standard Bank Group welcomes the CBN's firm, timely and appropriate intervention in this matter. Stanbic IBTC has recently filed suit in the Nigerian courts against the FRCN in relation to these pronouncements, which lawsuit is ongoing.
30-Oct-2015
(Official Notice)
Standard Bank Group has noted the public announcement by the Financial Reporting Council of Nigeria ("FRCN") released on 26 October 2015, regarding alleged material misstatements of the 2013 and 2014 financial statements of the group's Nigerian listed 53.2% held subsidiary, Stanbic IBTC Holdings PLC ("Stanbic IBTC"). Stanbic IBTC issued a public response to this notification on 26 October 2015.



In relation to Stanbic IBTC?s financial statements, the sole material issue under dispute is whether the accruals for amounts payable to fellow Standard Bank Group subsidiaries by Stanbic IBTC for services rendered should continue to be reflected as liabilities, given the increasing difficulties in obtaining regulatory approval for cross-border payments. Stanbic IBTC believes that, notwithstanding the withholding of regulatory clearance for these cross-border payments, the associated agreements are not rendered null or void and Stanbic IBTC?s associated liabilities are not relieved. In the context of Standard Bank Group, the potential financial effect of the issue under dispute is not material.



Legal advice has been received that both the FRCN?s notification, and an associated purported FRCN fine against Stanbic IBTC of NGN 1 billion (approximately US$ 5 million), were issued without compliance with prescribed process and in a manner exceeding the FRCN?s regulatory powers. Stanbic IBTC remains firm in its position that there has been no material misstatement of the 2013 and 2014 Stanbic IBTC financial statements. Stanbic IBTC?s auditors in Nigeria, KPMG Professional Services, have issued a public statement dated 28 October 2015 confirming that they stand by their audit opinions on the relevant financial statements. Standard Bank Group fully supports Stanbic IBTC in its response to the FRCN. Both Stanbic IBTC and the group remain in close contact with the relevant banking regulators.
22-Oct-2015
(Official Notice)
On a quarterly basis Standard Bank Group discloses to Industrial and Commercial Bank of China Ltd. (ICBC) sufficient information to enable ICBC to equity account the group's results. Accordingly, the consolidated financial information, prepared on an International Financial Reporting Standards basis, being provided to ICBC for the nine months ended 30 September 2015 is detailed in the relevant SENS note.
16-Sep-2015
(Official Notice)
In terms of the Basel pillar 3 disclosure requirements, comprehensive risk and capital information is required to be disclosed on both an annual and semi-annual basis.



The semi-annual disclosure for Standard Bank Group, based on information as at 30 June 2015, is available on the Standard Bank website, at the following link: http://reporting.standardbank.com/resultsreports.php
14-Aug-2015
(C)
28-Jul-2015
(Official Notice)
28-May-2015
(Official Notice)
In compliance with section 3.59 of the Listings Requirements of the JSE Ltd., Stanbank announced the resignation of Francine-Ann du Plessis as a non-executive director of the boards of Stanbank and The Standard Bank of South Africa Ltd. (collectively 'the boards'), with effect from 28 May 2015.



The boards extend their appreciation to Ms du Plessis for her contribution to the group.
28-May-2015
(Official Notice)
Shareholders are advised that based on the voting results for the Annual General Meeting (?AGM?) of the Standard Bank Group held at 09h00 on Thursday, 28 May 2015, all resolutions were passed by the requisite majority of ordinary and preference shareholders present in person or represented by proxy at the AGM.



Retirement of Directors

Fred Phaswana and Lord Smith of Kelvin, KT retired from the boards of Stanbank and The Standard Bank of South Africa Ltd. (collectively ?the boards?) at the conclusion of each company's AGM. The boards' expressed their appreciation for the contributions that they have made during their time with the group and wished them well in their future endeavours.
28-May-2015
(Official Notice)
At the annual general meeting to be held on 28 May 2015, group chief executives Sim Tshabalala and Ben Kruger will refer to this update regarding the group's performance for the first four months of 2015 in comparison with the equivalent period for 2014.



Banking activities

Group income growth, boosted by good non-interest income, has been satisfactory in spite of the challenging economic conditions in several of the markets across the African continent in which the group operates, particularly in Nigeria. Expense growth remains within expectations but slightly higher than income growth. The credit environment in South Africa has largely been stable despite the low growth environment. Group credit impairments for the four months to April 2015 are slightly lower than in the comparative period. In summary, the results of the group?s banking operations for the year to date are in line with the required growth to achieve the group?s medium term target for return on equity of 15% to 18%.



Liberty Holdings Ltd. (?Liberty?)

Shareholders are referred to the Liberty operational update on 21 May 2015 wherein, referring to the first quarter of 2015, the following comments were included:



Basel III capital adequacy, leverage ratio and liquidity coverage ratio disclosure as at 31 March 2015

In terms of the requirements under Regulation 43(1)(e)(iii) of the regulations relating to banks and Directive 4/2014 issued in terms of section 6(6) of the Banks Act (Act No. 94 of 1990), minimum disclosure on the capital adequacy of the group and it's leverage ratio is required on a quarterly basis. This disclosure is in accordance with Pillar 3 of the Basel III accord.
07-May-2015
(Official Notice)
Stanbank announced that Thulani Sikhulu Gcabashe will be appointed chairman of the boards of Stanbank and The Standard Bank of South Africa Ltd. (SBSA) with effect from the conclusion of the Company?s Annual General Meeting (AGM) on 28 May 2015, subject to his re-election as director of the Company at the AGM. He will replace Fred Phaswana, 70, who will retire at the conclusion of each company?s AGM to be held during May 2015.



In line with the significantly increased time commitment associated with his new role, Mr Gcabashe will review his current commitments including reducing his executive day to day involvement at BuiltAfrica Holdings, the renewable energy company that he founded. Over a period of time he will also be stepping down as chairman of Imperial Holdings, chairman of MTN Zakhele and non-executive director of Togo Invest.
28-Apr-2015
(Media Comment)
Business Day reported that Standard Bank's black economic empowerment (BEE) scheme Tutuwa had created net wealth of more than R10.7 billion over the past 10 years, benefiting a broad base of participants which included 6100 of its present and former employees, 261 small black businesses and empowerment groups Safika and Shanduka.



The maturity of the deal and the value created allows its beneficiaries such as small - medium enterprises and empowerment groups Safika and Shanduka to leverage the value that has been created to expand their respective businesses or pay down whatever debt they may have incurred. Standard Bank Sim Tshabalala added that the group would continue driving transformation in areas such as empowerment financing, driving access to financial services and playing its role in building black industrialists.
24-Apr-2015
(Official Notice)
Shareholders of Stanbank (?Shareholders?) are advised that the summarised consolidated annual financial statements of the Group for the year ended 31 December 2014 as set out in the annual integrated report of the Group, will be issued to Shareholders on Friday, 24 April 2015 and contain no changes to the audited results for the year ended 31 December 2014 which were released on SENS on Thursday, 5 March 2015 and subsequently issued to Shareholders.



An electronic version of the annual integrated report, the risk and capital management report and the full annual financial statements will be included in the annual integrated report distributed to Shareholders and will also be available on the investor relations website of Standard Bank Group on Friday, 24 April 2015 during the course of the morning.



Notice of Annual General Meeting

The Annual General Meeting of Shareholders will be held in the HP de Villiers Auditorium, Ground Floor, Stanbank Centre, 6 Simmonds Street, Johannesburg on Thursday, 28 May 2015 at 09:00 to transact the business stated in the notice of the Annual General Meeting, which was issued together with the annual integrated report containing the summarised consolidated annual financial statements of the Group for the year ended 31 December 2014.



The record date for Shareholders to be entitled to receive the notice of Annual General Meeting is Friday, 17 April 2015. The record date for Shareholders to participate in and vote at the Annual General Meeting is Friday, 22 May 2015. Accordingly the last day to trade to participate in and vote at the Annual General Meeting is Friday, 15 May 2015.
17-Apr-2015
(Official Notice)
Standard Bank Group Limited has completed the sale of 100% of the shares in its Brazilian banking subsidiary, Banco Standard de Investimentos S.A. (BSI) to Banco Inbursa, S.A Institucion de Banca Multiple, Grupo Financiero Inbursa, the listed Mexican banking group (the Transaction).



The Transaction proceeds are expected to total approximately USD 50 million; the majority of which has been received. The final proceeds of the Transaction will be calculated with reference to the net asset value of BSI and remain subject to finalization. BSI will be renamed in the near future. Standard Bank Group remains committed to its model of linking Brazilian clients to investment and trade opportunities in Africa and it has opened a representative office in Brazil from which it continues to service these clients.
05-Mar-2015
(C)
25-Feb-2015
(Official Notice)
Shareholders of Stanbank ?Shareholders?) are referred to the announcement dated 2 February 2015, which included a voluntary trading statement for the year ended 31 December 2014.



Update to voluntary trading statement

The finalisation of the group?s annual financial statements for the year ended 31 December 2014 remains under way. Our analysis conducted on the effects upon the group?s Foreign Currency Translation Reserve of internal restructuring transactions relating to the simplification of the group?s international structure prior to the disposal of control of Standard Bank Plc indicates, with reasonable certainty, that there will be a positive impact on earnings per share of the group (both on a fully diluted and undiluted basis), as determined under International Financial Reporting Standards (?IFRS?) and on a normalised basis, that will result in each case in a range that differs from the range published on 2 February 2015.



It is now anticipated that earnings per share of the group (both on a fully diluted and undiluted basis) as determined on an IFRS and a normalised basis for the financial year ended 31 December 2014 will exceed those reported for the financial year ended 31 December 2013 by between 8% and 12%.



This reserve movement has no impact on headline earnings per share measures. As the group completes its year end processes, the anticipated change in headline earnings per share on both an IFRS and a normalised basis remains within the ranges previously indicated, but we are in a position with reasonable certainty to reduce the range provided, to a range of between -2% and 2%, as compared with the financial year ended 31 December 2013.



IFRS basis

Audited year ended 31 December 2013, Minimum and Maximum year ended 31 December 2014 (cents)

*Earnings per share (EPS) -- 1 034.4; 1 117.2; 1 158.5

*Headline EPS (HEPS) -- 1 084.2; 1 062.5; 1 105.9

*Diluted EPS -- 1 008.6; 1 089.3; 1 129.6

*Diluted HEPS -- 1 057.1; 1 036.0; 1,078.2
02-Feb-2015
(Official Notice)
10-Dec-2014
(Official Notice)
Stanbank announces the resignation of Kaisheng Yang as the deputy chairman and non- executive director of the board of directors of the company ('the board').



In his stead, the board has appointed Mr. Shu Gu as the deputy chairman and non-executive director with immediate effect.



This appointment is effected in terms of an agreement between Industrial and Commercial Bank of China Ltd. ('ICBC'), a 20% shareholder in the company and Stanbank, wherein ICBC is entitled to nominate two non-executive directors for appointment to the board, one of whom would serve as deputy chairman.
10-Dec-2014
(Official Notice)
08-Dec-2014
(Media Comment)
Business Day reports that Stanbank will sharpen its focus in Kenya and Nigeria based on the number of Millionaires in the two countries. Kenya, ranked fourth and Nigeria, ranked third with the number of individuals with the highest net-worth in Africa. "This is the reason and business case for launching Private Clients in Kenya" Anjali Harkoo of CfC Stanbic Bank in Kenya said. Forecasts indicate that the number of wealthy Kenyans are expected to grow 73% by 2023.
03-Dec-2014
(Official Notice)
Stanbank announces the resignation of Sakumzi J Macozoma as deputy chairman and non-executive director, with effect from 31 December 2014.
23-Oct-2014
(Official Notice)
On a quarterly basis Standard Bank Group discloses to Industrial and Commercial Bank of China Ltd. ("ICBC") sufficient information to enable ICBC to equity account the group's results. Accordingly, the following consolidated financial information, prepared on an International Financial Reporting Standards basis, is being provided to ICBC for the nine months ended 30 September 2014.
16-Oct-2014
(Media Comment)
Business Day reports that Stanbank announced that it is the only African banker currently on the Global Infrastructure Fund advisory panel. The public-private partnership will be looking for potential investors in the developing world's infrastructure in the next six years.
03-Oct-2014
(Official Notice)
In response to a media query received on 3 October 2014, Stanbank provided a reply to a set of questions from Bloomberg. The full response is provided below for clarification:

"The pressure on consumers from higher transport, food and electricity prices and higher domestic interest rates combined with subdued improvement in real incomes is likely to persist for the remainder of 2014 and into 2015. In this environment, impairments incurred on lending to our retail customers in South Africa, which have moved higher over the last year, are likely to remain at these slightly elevated levels but we are not anticipating a substantial spike in impairments. With respect to unsecured lending in the lower income segment, we reduced risk appetite substantially in late 2012 and this action has brought down our loss rates this year in unsecured lending. We are maintaining a cautious but pragmatic approach to the extension of credit into the consumer market but we have good information on our customers which we are using to price appropriately for risk. Close monitoring of accounts to identify early signs of stress and proactive action including strong communication with our customers are important components of our risk mitigation strategy. We believe that the consumer market is likely to feel the effects of high inflation and subdued economic growth until there is a balanced pick-up in the global economy and with it more stable commodity prices and domestic currency."
02-Oct-2014
(Media Comment)
Business Day reports that Stanbank has won 18 awards at the recently held Sibos conference in Boston. Two awards from EMEA Finance Magazine, 15 from Global Finance Magazine and one from The Asian Banker, an award for the strongest bank in South Africa.
22-Aug-2014
(Official Notice)
Stanbank announced the appointment of Atedo Nari Atowari Peterside as a non-executive director to its board and the board of The Standard Bank of South Africa Ltd. with effect from 22 August 2014.
14-Aug-2014
(C)
Total income for the interim period ended 30 June 2014 increased by 24% to R81.9 billion (2013: R66.1 billion). Net income before taxation jumped by 18% to R16.2 billion (2013: R13.8 billion), while profit for the period attributable to ordinary shareholders rose by 2% to R8.2 billion (2013: R8.1 billion). Furthermore, headline earnings per share from continuing operations grew by 9% to 584 cents per share (2013: 533.7 cents per share).



Dividends declared

*Ordinary shareholders are advised that the board of directors (the board) has resolved to declare an interim gross cash dividend No. 90 of 259 cents per ordinary share (the cash dividend) to ordinary shareholders.

*6.5% first cumulative preference shares (first preference shares) dividend No. 90 of 3.25 cents (gross) per first preference share.

*Non-redeemable, non-cumulative, non- participating preference shares (second preference shares) dividend No. 20 of 340.58 cents (gross) per second preference share.



Prospects

Global economic growth in 2014 is likely to improve, albeit only modestly, rising from around 3.2% in 2013 to 3.4% in 2014. Growth is expected to be influenced by developed market countries, while emerging markets are expected to struggle to match the growth rates achieved in 2013. While the US is expected to grow in 2014, momentum in the Eurozone economy is still weak. Global monetary policy is expected to tighten relative to 2013.



Sluggishness in the South African economy is expected to persist for the remainder of 2014 which is likely to hamper domestic revenue growth and may affect the confidence of our customer base. However, the group's positioning in South Africa is strong and our selected exposure to expanding economies in sub-Saharan Africa provides a robust platform on which to maintain the operational and financial momentum in our continuing operations. We remain firmly committed to delivering improved returns on equity to shareholders over the medium term while investing in our people and systems to meet the demands of a rapidly evolving environment.
06-Aug-2014
(Official Notice)
Shareholders of Stanbank and The Foschini Group Ltd. ("TFG") ("Shareholders") are referred to the announcement dated 10 April 2014 in terms of which it was advised that TFG and The Standard Bank of South Africa Ltd., a wholly owned subsidiary of Standard Bank Group, RCS Investment Holdings Ltd. ("RCS") and BNP Paribas Personal Finance S.A. ("BNPPF") (the European leader in personal loans and a subsidiary of BNP Paribas S.A.) had entered into agreements which would result in BNPPF becoming the 100% shareholder of RCS ("Proposed Transaction").



Shareholders are advised that the Proposed Transaction is now unconditional in accordance with its terms and is in the process of being implemented accordingly. The Closing Date of the transaction is 6 August 2014, with the estimated proceeds being R2.64 billion. TFG shareholders are referred to the announcement released simultaneously with this announcement on SENS on 6 August 2014.
10-Jul-2014
(Official Notice)
Further to Stanbank's voluntary announcement released on the Stock Exchange News Service of the JSE Ltd. on 5 June 2014, the group advises that Standard Bank Plc has commenced legal proceedings in Shandong Province, China, in respect of aluminium held at a bonded warehouse facility in Qingdao Port.



These legal proceedings are part of a process undertaken by the group to take all available steps to protect its position in respect of these stocks. The group's gross exposure in respect of this aluminium is equivalent to USD170 million.



The group has undertaken a review of all its base metal holdings in China and other countries and advises that it has further exposure to aluminium at other bonded warehouse facilities in Shandong Province. Stanbank is also commencing legal proceedings to secure its position with respect to this aluminium for which the related gross exposure is equivalent to USD40 million.



The financial consequences of these exposures remain subject to assessment and will be addressed in the group's interim results which will be released on 14 August 2014.
05-Jun-2014
(Official Notice)
In response to media enquiries relating to concerns regarding stocks of metal held in bonded warehouses in Qingdao Port in China, Stanbank has confirmed that it has commenced investigations into potential irregularities at the port at this time, and will be working with the local authorities as part of its investigations. Standard Bank Plc, the London based subsidiary of Stanbank, conducts commodities trading as part of its Global Markets business. Stanbank is not yet in a position to quantify any potential loss arising from these circumstances.
29-May-2014
(Official Notice)
Shareholders are advised that, at the Annual General Meeting ("AGM") of Stanbank held on 29 May 2014, all of the resolutions set out in the Notice of the AGM dated 5 March 2014 were passed by the requisite majority of shareholders. Shareholders are further advised that Doug Band and Chris Nissen retired from the boards of directors ("the Boards") of Stanbank and The Standard Bank of South Africa Ltd. at the conclusion of each company's AGM. Details of the voting results will be posted on the investor relations website of Standard Bank Group at http://reporting.standardbank.com/events- and-presentations/agm/.
29-May-2014
(Official Notice)
At the annual general meeting to be held on 29 May 2014, group chief executives Sim Tshabalala and Ben Kruger referred to this update regarding the group's performance for the first four months of 2014 in comparison with the equivalent period for 2013.



Banking activities

Good growth overall has been recorded in total income, with continued improvement in margin largely due to higher endowment benefits from increased domestic interest rates. Higher growth in fees and commissions has been offset to an extent by subdued trading conditions in fixed income, currency and equity markets resulting in steady growth in non-interest income. Credit impairments have increased moderately due mainly to a tougher domestic environment for our customers, but loss ratios remain within expectations. Non-staff cost growth continues to be impacted by the fall in the average value of the rand, but the group?s cost-to-income ratio remains broadly in line with the same period in the prior year.



Liberty Holdings Ltd. ("Liberty")

Shareholders are referred to the Liberty operational update on 23 May 2014 wherein, referring to the first quarter of 2014, the following comments were included: The performance of the group for the three months to 31 March 2014 continues to reflect the benefits of product innovation and effective distribution partnerships. Investment markets were relatively subdued for the quarter resulting in lower earnings from the Shareholder Investment Portfolio compared to the equivalent 2013 period.



Basel III capital adequacy disclosure at 31 March 2014

In terms of the Basel III requirements under Regulation 43(1)(e)(ii) of the regulations relating to banks, minimum disclosure on the capital adequacy of the group is required on a quarterly basis. This announcement is in accordance with the reporting requirement for quarterly disclosure in terms of Pillar 3 of the Basel III capital accord.



Standard Bank Group

SBG remained well capitalised as at 31 March 2014 with a total capital adequacy ratio of 15.6% and tier I capital adequacy ratio of 13.0%, exceeding minimum regulatory requirements.



The Standard Bank of South Africa Limited and its subsidiaries ("SBSA")

SBSA remained well capitalised as at 31 March 2014 with a total capital adequacy ratio of 15.6% and tier I capital adequacy ratio of 12.3%, exceeding minimum regulatory requirements.
25-Apr-2014
(Official Notice)
Shareholders of the Stanbank are advised that the summarised annual financial statements of the group for the year ended 31 December 2013 as set out in the annual integrated report of the group, will be issued to shareholders on Friday, 25 April 2014 and contain no modifications to the audited results for the year ended 31 December 2013 which were released on SENS on Thursday, 6 March 2014 and subsequently issued to shareholders. An electronic version of the annual integrated report, the risk and capital management report and the full annual financial statements will be included in the annual integrated report distributed to shareholders and will also be available on the investor relations website of Stanbank Group on Friday, 25 April 2014 during the course of the morning.



Annual General Meeting

The Annual General Meeting of shareholders will be held in the HP de Villiers Auditorium, Ground Floor, Stanbank Centre, 6 Simmonds Street, Johannesburg on Thursday, 29 May 2014 at 09:00 to transact the business stated in the notice of the Annual General Meeting, which was issued together with the annual integrated report containing the summarised annual financial statements of the Stanbank Group for the year ended 31 December 2013. The record date for shareholders to participate in and vote at the Annual General Meeting is Friday, 23 May 2014. Accordingly the last day to trade to participate in and vote at the Annual General Meeting is Friday, 16 May 2014.
10-Apr-2014
(Official Notice)
Shareholders of TFG and Stanbank are advised that TFG and The Standard Bank of South Africa Ltd. ("SBSA"), a wholly owned subsidiary of Standard Bank Group, (collectively "RCS Shareholders"), RCS and BNP Paribas Personal Finance SA ("BNPPF") (the European leader in personal loans) and a subsidiary of BNP Paribas S.A. have entered into agreements which will result in BNPPF becoming the 100% shareholder of RCS ("Proposed Transaction"). The effective date of the Proposed Transaction is expected to be on or about 31 July 2014 ("Effective Date").



The consideration received by the RCS Shareholders in terms of the Proposed Transaction is an amount equal to the aggregate of:

* R2.3 billion; based on a net asset value of R1.7 billion as at 31 July 2013;

* the increase or decrease (as the case may be) of the tangible net asset value of RCS during the period from 31 July 2013 to the Effective Date; and

* interest calculated at the prime rate on the aggregate of the amounts referred to above from the Effective Date to the closing date of the Proposed Transaction expected to be on or about 1 September 2014;



The total consideration is expected to be approximately R2.65 billion (collectively, R350 million is assumed as the NAV increase and interest) and will be settled in cash.
28-Mar-2014
(Official Notice)
Stanbank shareholders were referred to the announcement released on the SENS on 29 January 2014 and the circular distributed to Shareholders on 24 February 2014 ("the Circular") in respect of the Proposed Transaction. The Circular contained a notice ("the Notice") convening a general meeting ("the General Meeting") to approve the ordinary resolutions required to authorise the Group to proceed with the Proposed Transaction.



Shareholders are advised that, at the General Meeting held on 28 March 2014, both of the ordinary resolutions in the Notice were duly passed by the requisite majority of eligible Shareholders present or represented by proxy. Shareholders are reminded that implementation of the Proposed Transaction is subject to the fulfilment (or waiver) of a number of conditions precedent, as set out in the Circular, which are only expected to be fulfilled after the third quarter of 2014.
17-Mar-2014
(Official Notice)
Stanbank has reached agreement with Grupo Financiero Inbursa SAB, the listed Mexican banking group, ("Inbursa") in terms of which Inbursa will acquire Stanbank's Brazilian licensed banking subsidiary, Banco Standard de Investimentos S.A. ("BSI") for a price to be determined with reference to the closing net asset value of BSI, which is currently approximately USD45 million. The transaction is subject to regulatory approvals in South Africa, Brazil and Mexico.



Stanbank remains committed to its model of linking Brazilian clients with both Africa and China, leveraging its relationship with the Industrial and Commercial Bank of China, and will be making application for a representative office in Brazil from which it will continue to service these clients.
13-Mar-2014
(Official Notice)
Standard Bank Group Ltd announce the appointment of Francine-Ann du Plessis, Andr? Charles Parker and Bajabulile Swazi Tshabalala as non-executive directors of its board and the board of Standard Bank South Africa Ltd. with effect from 14 March 2014.
06-Mar-2014
(C)
Income from banking activities for the year ended 31 December 2013 increased by 11% to R73.4 billion (2012: R66.3 billion). Profit attributable to ordinary shareholders was slightly higher at R16.21 billion (2012: R16.05 billion), while headline earnings per share from continuing operations rose by 9% to 1 110.9 cents per share (2012: 1 019.3 cents per share).



Declaration of dividends - Ordinary shares

Ordinary shareholders are advised that the board of directors (the board) has resolved to declare a final gross cash dividend of 300 cents per ordinary share (the cash dividend) to ordinary shareholders.



Preference shares

Preference shareholders are advised that the board has resolved to declare the following distributions:

* 6.5% first cumulative preference shares (first preference shares) dividend number 89 of 3.25 cents (gross) per first preference share.

* Non-redeemable, non-cumulative, non-participating preference shares (second preference shares) dividend number 19 of 329.94 cents (gross) per second preference share.



Prospects

The global economic outlook appears somewhat brighter in recent months due to the strengthening of US growth. However, the distribution of expected growth is unbalanced with the Eurozone struggling to lift economic activity. Robust economic growth of around 6% is expected generally across sub-Saharan Africa in 2014, but only a mild improvement to 2.2% growth is expected for South Africa assuming some negative impact from higher interest rates and subdued consumer demand.



Stanbank is confident of their positioning across Africa and of the quality and dedication of their people to serve and provide value for their clients. The considerable progress Stanbank has made in realigning their available resources and intensifying their focus on the expanding markets on the African continent has delivered an enviable franchise off which the group is able to drive sustainable growth. Competition is high in all the markets Stanbank serves and business operating environments remain challenging. However, the group's capital and liquidity strength, together with their firm commitment to their strategy which includes the building of world-class information systems, provides substantial opportunity to elevate their ROE and deliver higher levels of economic value to Stanbank's shareholders over the medium term.
04-Mar-2014
(Official Notice)
The group announces the resignation of Koosum Kalyan as non-executive director, with immediate effect. She was appointed to the boards of The Standard Bank of South Africa Ltd. and Standard Bank in December 2007.
29-Jan-2014
(Official Notice)
Following the release of these full details of the proposed transaction concerning the disposal of 60% of Standard Bank Plc, caution is no longer required to be exercised by Shareholders when dealing in their Standard Bank Group securities.
29-Jan-2014
(Official Notice)
16-Jan-2014
(Official Notice)
Stanbhank shareholders were advised that deputy chairman Hongli Zhang and Yagan Liu have retired as non-executive directors of the board of directors of the company ("the board").



In their stead, the company has appointed Messrs Yang Kaisheng and Wang Wenbin as non- executive directors with immediate effect. Mr Yang Kaisheng has also been appointed as Deputy Chairman. These appointments were effected in terms of an agreement between the Industrial and Commercial Bank of China Ltd. ("ICBC"), a 20% shareholder in the company and Stanbank, wherein ICBC is entitled to nominate two non-executive directors for appointment to the board, one of whom would serve as deputy chairman.
20-Dec-2013
(Official Notice)
Shareholders were referred to the cautionary announcement dated 8 November 2013 and are advised that Stanbank remains engaged in discussions relating to the potential disposal of a controlling stake in its global markets business outside Africa which, if successfully concluded, may have an effect on the price of the group's securities. Accordingly, shareholders are advised to continue to exercise caution when dealing in the group?s securities until a further announcement in this regard is made.
20-Nov-2013
(Media Comment)
Business Day reported that Standard Bank will consider setting up a bank in Ivory Coast within the next two years as it seeks to expand into French speaking west Africa. Standard Bank has operations in Ghana and Nigeria, while Paris-based Societe Generale's local unit is the largest bank in Ivory Coast. The South African bank will target infrastructure projects including roads and airports, energy and mining in the region.
08-Nov-2013
(Official Notice)
Shareholders were advised that Stanbank is engaged in discussions relating to the potential disposal of a controlling stake in its global markets business outside Africa. The principal legal entity that would form part of a transaction is Standard Bank Plc, the group's London banking operation. Such a transaction, should it be concluded, would result in the Stanbank retaining a minority shareholding interest sufficient to maintain the continuity of access to this business for the group's African network and clients. These negotiations, if successfully concluded, may have an effect on the price of the group's securities. Accordingly, shareholders are advised to exercise caution when dealing in the group's securities until a further announcement is made.
15-Aug-2013
(C)
Total income for the interim period ended 30 June 2013 increased by 5% to R67.4 billion (2012: R64.2 billion). Net income before taxation jumped by 14% to R13.6 billion (2012: R12 billion), while profit for the period attributable to ordinary shareholders shot up by 14% to R8.1 billion (2012: R7.1 billion). Furthermore, headline earnings per share from continuing operations grew by 16% to 520.1 cents per share (2012: 448.1 cents per share).



Dividends declared

* Ordinary shareholders are advised that the board of directors (the board) has resolved to declare an interim gross cash dividend of 233 cents per ordinary share to ordinary shareholders.

* 6.5% first cumulative preference shares (first preference shares) dividend number 88 of 3.25 cents per first preference share

* Non-redeemable, non-cumulative, non-participating preference shares (second preference shares) dividend number 18 of 324.56 cents per second preference share.



Prospects

The global economic recovery remains weak and operating conditions across Africa are being influenced by softer commodity prices and uncertainty over economic stability in developed economies as well as lower expected growth in large emerging market economies. Stanbank continues to build their franchises and invest in their people and robust operating systems for long-term benefit.



While Stanbank expects that cost pressures will continue in the second half of the year given the weaker rand, the group remains confident in their ability to grow revenues in the challenging environment. Substantial progress has been made in increasing their presence and profile in their main business lines on the African continent but Stanbank continues to be mindful of difficult conditions affecting their clients and price appropriately for risk. Stanbank is adequately capitalised in terms of the Basel III requirements and their strong liquidity profile reflects the confidence that depositors and counterparties have in them. The group remains focused on improving returns and delivering economic value to shareholders through the remainder of 2013.
14-Aug-2013
(Official Notice)
Standard Bank Group announces the resignation of Mr Peter Wharton-Hood as an executive director of the Group with immediate effect. Peter will take up another senior appointment in the financial services industry in September 2013.

12-Jul-2013
(Media Comment)
Business Day noted that Stanbank was named the best bank in South Africa and the best investment bank in Africa by Euromoney. Stanbank also won awards for best equity house and best risk manager in Africa.
11-Jul-2013
(Media Comment)
According to Business Day, Stanbank is expecting to put its human resources application in the cloud as a low-risk exercise before contemplating moving core banking services into cloud computing. Willie Stegmann, Stanbank's executive for core banking transformation was quoted saying that the bank was working with SAP to put its human resources application in the cloud in the next six months. He added that based on the success of this venture, Stanbank would move other services into the cloud quite quickly.
30-May-2013
(Official Notice)
Shareholders are advised that, at the Annual General Meeting ("AGM") of Stanbank held on 30 May 2013, all of the resolutions set out in the Notice of the AGM dated 6 March 2013 were passed by the requisite majority of shareholders. Shareholders are further advised that Mr Cyril Ramaphosa retired from the boards of directors ("the Boards") of Stanbank and The Standard Bank of South Africa Ltd. at the conclusion of each company's AGM.
30-May-2013
(Official Notice)
26-Apr-2013
(Media Comment)
Business Day reported that Stanbank are examining mobile technology alternatives to assist companies manage their fleets of vehicles, according to the bank's head of fleet management, David Molapo. He added that a good way of regulating the increasing costs associated with vehicle fleets was to evaluate meticulously any inefficiencies in fleet operation. Mr Molapo said the use of pioneering technology is revolutionising the industry as customers are controlling risk better.
26-Apr-2013
(Official Notice)
Shareholders of the Standard Bank Group (shareholders) are advised that the summarised annual financial statements of the group for the year ended 31 December 2012 as set out in the annual integrated report of the group, will be issued to shareholders on Friday, 26 April 2013 and contain no modifications to the audited results for the year ended 31 December 2012 which were released on the Stock Exchange News Service of the JSE Limited on Thursday, 7 March 2013 and subsequently issued to shareholders. An electronic version of the annual integrated report, the risk and capital management report and the full annual financial statements will be included in the annual integrated report distributed to shareholders and will also be available on the investor relations website of Standard Bank Group on Friday, 26 April 2013 during the course of the morning.



The Annual General Meeting of shareholders will be held in the HP de Villiers Auditorium, Ground Floor, Standard Bank Centre, 6 Simmonds Street, Johannesburg on Thursday, 30 May 2013 at 09:00 to transact the business stated in the notice of the Annual General Meeting, which was issued together with the annual integrated report containing the summarised annual financial statements of the Standard Bank Group for the year ended 31 December 2012.The record date for shareholders to participate in and vote at the Annual General Meeting is Friday, 24 May 2013. Accordingly the last day to trade to participate in and vote at the Annual General Meeting is Friday, 17 May 2013.



22-Apr-2013
(Official Notice)
Stanbank shareholders were referred to the announcement released on SENS on Friday, 5 April 2013 and published in the press on Monday, 8 April 2013, regarding the capitalisation issue ratio with respect to the election to receive capitalisation shares in terms of a capitalisation issue instead of a cash dividend.



As set out in that announcement, the number of Capitalisation Shares to which Shareholders participating in the Capitalisation Issue would become entitled was determined in the ratio of 2.04838 new Standard Bank Group ordinary shares ("Ordinary Shares") for every 100 Ordinary Shares held. Where a Shareholder's entitlement to Capitalisation Shares calculated in accordance with the above ratio gave rise to a fraction of a new Ordinary Share, such fraction of a new Ordinary Share was rounded up to the nearest whole number where the fraction was greater than or equal to 0.5 and rounded down to the nearest whole number where the fraction was less than 0,5.



10 281 204 new Ordinary Shares were issued today to Shareholders who elected to receive Capitalisation Shares in terms of the Capitalisation Issue, resulting in a capitalisation out of the share premium of the company of R1 028 120.40. This represents a rate of election to receive Capitalisation Shares of 31.2% of the total shares in issue recorded in the register of the Company at the close of business on Friday, 19 April 2013 ("the Record Date"). Shareholders recorded in the register of the company on the Record Date holding 1 106 262 099 Ordinary Shares were paid the gross Cash Dividend of 243 cents per Ordinary Share, from which applicable taxes were withheld. The total gross Cash Dividend of R2 688 216 900.57 was paid out of the profits of the company
05-Apr-2013
(Official Notice)
03-Apr-2013
(Media Comment)
Business Day reported that Standard Bank has committed R20 billion towards funding identified renewable energy projects and yesterday,3 April 2013, declared that it had resources to fund more initiatives for the new Renewable Energy Power Producer(REIPP) procurement programme allocations. This was after Standard Bank and the Industrial and Commercial Bank of China (ICBC) signed an agreement to fund R20 billion worth of renewable energy projects.
07-Mar-2013
(C)
07-Mar-2013
(Official Notice)
Jacko Maree is stepping aside as Group Chief Executive of Standard Bank Group after more than 13 years at the helm of Africa's largest bank. Following a carefully planned management succession process, Mr Maree will retire as chief executive on 7 March 2013, and resign from the boards of directors of Standard Bank Group, The Standard Bank of South Africa (SBSA) and Liberty Holdings. He will remain employed by the group as a senior banker focusing on key client relationships while not performing an executive or managerial role.



Sim Tshabalala (45) and Ben Kruger (53) have been appointed joint Chief Executives of Standard Bank Group with immediate effect. Mr Tshabalala and Mr Kruger will be held accountable and responsible, both jointly and severally, for the management and performance of SBG.
06-Mar-2013
(Media Comment)
According to Financial Mail, Stanbank has increased its retail market share from when it revealed its growth strategy last year. The bank has strengthened its leading position in the mortgages market and is gaining market share in the unsecured lending and credit card sectors. Funeka Montjane, Stanbank's CEO of SA's retail operation said that the bank was targeting acquiring transactional customers and then cross-selling additional products. This is to a certain extent why Stanbank went into the unsecured lending market, as this is normally the initial step before a customer acquires a credit card or mortgage.
21-Feb-2013
(Official Notice)
Stanbank will be releasing its financial results for the year ended 31 December 2012 on the Stock Exchange News Service on Thursday, 7 March 2013.



Shareholders were advised that Stanbank's earnings per share on an International Financial Reporting Standards and on a normalised basis are expected to be between 19% and 23% higher than the comparative figures for the year ended 31 December 2011. This growth is largely as a result of the profit realised on the divestiture of a majority stake in Standard Bank Argentina during the year, recognised in attributable earnings but excluded from headline earnings. The group anticipates that normalised headline earnings per share for the year ended 31 December 2012 will be between 8% and 12% higher than the previous year.



Normalised earnings reflect the legal and economic substance of the group's Black Ownership Initiative and of deemed treasury shares held for the benefit of Liberty Holding Ltd. policyholders and to facilitate client trading activities.
04-Feb-2013
(Media Comment)
According to Business Report, chief executive of Stanbank's bank unit in Angola, Pedro Pinto Coelho, said Stanbank looks to open seven branches in Angola this year but with no acquisitions there. The bank at present has 20 branches in the country.
25-Jan-2013
(Media Comment)
Business Day reported that Stanbank was ranked 98th on the Global 100 Most Sustainable Corporations in the World List released in Davos, Switzerland. Canadian financial information products company, Corporate Knights, compiles the list by selecting companies with a market a capitalisation of more than USD2 billion and ranks them by 12 "clean capitalism" measurements. Stanbank is one of only nine banks and the only African company to appear on the list. Stanbank believes it made the least due to the multitude of efforts it has made on its part, such as the bank's significant investments in renewable energy.
14-Jan-2013
(Official Notice)
Standard Bank Group and The Standard Bank of South Africa Ltd. announced the appointment of Peter David Sullivan as a non-executive director to their boards with effect from 15 January 2013.
13-Dec-2012
(Official Notice)
06-Dec-2012
(Official Notice)
07-Nov-2012
(Official Notice)
In terms of the Basel II requirements under Regulation of regulations relating to banks, minimum disclosure on the capital adequacy of the group is required on a quarterly basis. This announcement meets the ongoing reporting requirement for quarterly disclosure in terms of Pillar 3 of the Basel II capital accord.



Standard Bank Group

Standard Bank Group remained well capitalised as at 30 September 2012 with a total capital adequacy of 13.7% and primary capital adequacy of 11.2%, significantly exceeding minimum regulatory requirements.
01-Nov-2012
(Media Comment)
Business Day reported that Stanbank has created a new role for Peter Schlebusch, appointing him as group CE for personal and business banking. The move is an attempt to increase the bank's retail banking profile and earnings outside South Africa. Group deputy CEO, Ben Kruger, said operations outside South Africa contributed about 10% of revenue and earnings, but that the aim was for Africa's contribution to more than double to 25% by 2017/2018.
30-Oct-2012
(Official Notice)
As announced earlier in the year Loren Wulfsohn, group secretary of Standard Bank Group and The Standard Bank of South Africa Ltd. has resigned. Zola Stephen, B.Proc Llb has been appointed as group secretary of Standard Bank Group and SBSA with effect from 1 November 2012, having joined the group in August 2012.
04-Oct-2012
(Media Comment)
Business Report noted that the capital adequacy ratio at the bank's local unit would be above 10% by the end of 2012 after the company injected R2.5 billion to meet regulations. CFO Simon Ridley said the bank made the transfer on 31 July 2012.
18-Sep-2012
(Official Notice)
In terms of the pillar three disclosure requirements under Basel II, comprehensive risk and capital information is required to be disclosed on both an annual and semi-annual basis. The semi-annual disclosure for the Stanbank, based on information as at 30 June 2012, will be published on 18 September 2012 on the StanBank website, at the following link: http://reporting.standardbank.com/financial- information/latest-reports/.
17-Sep-2012
(Official Notice)
Stanbank ordinary shareholders (''shareholders'') were referred to the announcement released on the Securities Exchange News Service of the JSE Limited on Friday, 31 August 2012 and published in the press on Monday, 3 September 2012, regarding the capitalisation issue ratio with respect to the election to receive capitalisation shares (''Capitalisation Shares'') in terms of a capitalisation issue (''the Capitalisation Issue'') in lieu of a cash dividend (''the Cash Dividend'').



As set out in that announcement, the number of Capitalisation Shares to which shareholders participating in the Capitalisation Issue would become entitled was determined in the ratio of 1.90264 new Stanbank ordinary shares (''Ordinary Shares'') for every 100 Ordinary Shares held. Where a shareholder's entitlement to Capitalisation Shares, calculated in accordance with the above ratio, gave rise to a fraction of a new Ordinary Share, such fraction of a new Ordinary Share was rounded up to the nearest whole number where the fraction was greater than or equal to 0,5 and rounded down to the nearest whole number where the fraction was less than 0.5.



12 041 298 new Ordinary Shares were issued today to the 39.8% of Shareholders who elected to receive Capitalisation Shares in terms of the Capitalisation Issue, resulting in a capitalisation out of the share premium of the company of R 1 204 129.80. Shareholders recorded in the register of the company at the close of business on 14 September 2012 holding 960 292 054 Ordinary Shares received the gross Cash Dividend of 212 cents per Ordinary Share, resulting in a total Cash Dividend of R 2 035 819 154.48, which was paid out of the profits of the company.



Share certificates and dividend cheques, where applicable, were dispatched to certificated Shareholders at their own risk, and the Central Securities Depository Participant/broker accounts of dematerialised Shareholders were credited, today.
31-Aug-2012
(Official Notice)
16-Aug-2012
(C)
Total income grew 33% to R63.5 billion (R47.9 billion). Net attributable profit rose 9% to R7.2 billion (R6.6 billion). In addition, headline earnings from continuing operations was up 7% to 452.8cps (423.8cps).



Dividends

An interim ordinary dividend of 212cps has been declared. In addition, a dividend of 3.25c per 6.5% first cumulative preference share has been declared, as well as a dividend of 345.55c per non-redeemable, non-cumulative, non-participating preference share.



Outlook

Macroeconomic uncertainties are expected to continue to weigh on investor sentiment and client activity in the second half of 2012 and we therefore expect revenue growth to be subdued in CIB in the second half. The second half of 2012 is also expected to be a more difficult environment for revenue generation for PBB, given the anticipated endowment impact of the recently announced rate cut and the full year impact of price cuts in South Africa. The upward pressure placed on costs as a result of being on an accelerated growth path in certain of our operations, having to overhaul legacy IT systems and increasing regulatory and compliance pressures will remain challenging.



Stanbank is in good health and our core businesses have good momentum. The bank has maintained a strong liquidity and funding profile, asset quality is good and strict capital and risk discipline means the group is on track to comply with Basel III in 2013. Management is mindful of the external challenges but believes that Stanbank's healthy foundation and broad product and client base will stand the group in good stead
30-Jul-2012
(Media Comment)
StanBank on 27 July 2012 said its appointment as the joint lead manager in the USD1 billion bond issue driven by government logistics company Transnet reflected local banks had matured and could challenge international competitors. StanBank's head of debt capital markets, Andrew Costa, said the success of the bond issue revealed that foreign investors seeking better returns were confident about South Africa's medium-term outlook.
06-Jul-2012
(Media Comment)
According to Business Day, Standard Bank has once again been ranked by The Banker magazine as Africa's largest bank by assets and core capital for 2012.Standard Bank is also ranked as the 112th largest bank in the world. Deputy CEO, Sim Tshabalala commented that "the ranking highlights the overall health of the group."
31-May-2012
(Official Notice)
Shareholders are advised that, at the annual general meeting ("AGM") of Stanbank held on 31 May 2012, all of the resolutions set out in the notice of the AGM dated 7 March 2012 were passed by the requisite majority of shareholders. Sir Paul Judge and Sir Sam Jonah retired from the boards of Stanbank and The Standard Bank of South Africa Ltd. at the conclusion of each company's AGM.
31-May-2012
(Official Notice)
At the annual general meeting, chief executive Jacko Maree will refer to this update regarding the group's performance for the first four months of 2012 in comparison with the same period for 2011.



Banking activities

Net interest income for the first four months of 2012 benefited from good loan growth towards the end of 2011 and the ongoing improvement in new business lending margins. Non-interest revenue was boosted by good growth in trading revenues albeit off a lower base in the prior year. As anticipated, credit impairment charges reflect some increase as portfolio provisions are created in line with book growth and a more normal charge has been incurred in Corporate - Investment Banking compared to a net recovery in the prior period. The cost-to-income ratio for the four months was slightly higher than that achieved for the 2011 year but the group remains focused on reducing this ratio.



Basel II capital adequacy disclosure at 31 March 2012

In terms of the Basel II requirements under Regulation 43(1)(e)(ii) of regulations relating to banks, minimum disclosure on the capital adequacy of the group is required on a quarterly basis. This announcement meets the ongoing reporting requirement for quarterly disclosure in terms of Pillar 3 of the Basel II capital accord.
25-Apr-2012
(Official Notice)
Shareholders of the group ("shareholders") are advised that the annual financial statements of the group for the year ended 31 December 2011 as set out in the group's annual integrated report, will be issued to shareholders on Wednesday, 25 April 2012 and contain no modifications to the audited results for the year ended 31 December 2011 which were published on Thursday, 8 March 2012 and subsequently issued to shareholders. The annual integrated report will be available on the investor relations website of Standard Bank Group on Wednesday, 25 April 2012 during the course of the morning.



Annual general meeting

The annual general meeting of shareholders will be held in the HP de Villiers Auditorium, Ground Floor, Standard Bank Centre, 6 Simmonds Street, Johannesburg on Thursday, 31 May 2012 at 09:30 to transact the business stated in the notice of the annual general meeting, which was issued together with the integrated report containing the annual financial statements of the group for the year ended 31 December 2011. The record date for shareholders to participate in and vote at the Annual General Meeting is Friday, 25 May 2012. Accordingly, the last day to trade to participate in and vote at the annual general meeting is Friday, 18 May 2012.
23-Mar-2012
(Media Comment)
According to Business Report, non-interest revenue growth will slow at Standard Bank as banking fees for consumers shrank and competition grew. Peter Schlebusch, CE of personal and business banking, said the bank will cut some its retail banking charges by as much as 50% from the start of April 2012. The cuts will lower income by about R500 million for 2012.
08-Mar-2012
(Official Notice)
Sir Paul Judge and Sir Sam Jonah are, in terms of the Memoranda of Incorporation of Standard Bank Group and The Standard Bank of South Africa Ltd. (collectively referred to as "the companies"), due to retire from office at the companies' next annual general meetings. Both directors will not be standing for re-election.
08-Mar-2012
(C)
06-Mar-2012
(Media Comment)
According to Business Report, Stanbank planned to have the largest South African retail customer base and the most profitable consumer banking business in the country by 2015. Leon Barnard, the director of inclusive banking, said the lender would add 200 low-cost outlets by the end of this year. The group would start making a profit from its inclusive banking business aimed at lower-income earners from as early as 2014. It would invest R120 million in the operation in 2012 and could expand it into Nigeria and Kenya.
29-Feb-2012
(Official Notice)
Notice was given that the following dividends have been declared:

* 6.5% first cumulative preference shares (first preference shares) dividend number 85 of 3.25 cents per first preference share (share code: SBKP, ISIN: ZAE000038881), payable on Monday, 26 March 2012, to holders of first preference shares recorded in the books of the company at the close of business on the record date, Friday, 23 March 2012. The last day to trade to participate in the dividend is Thursday, 15 March 2012. First preference shares will commence trading exdividend from Friday, 16 March 2012; and

* Non-redeemable, non-cumulative, non-participating preference shares (second preference shares) dividend No. 15 of 317.59 cents per second preference share (share code: SBPP, ISIN: ZAE000056339), payable on Monday, 26 March 2012, to holders of second preference shares recorded in the books of the company at the close of business on the record date, Friday, 23 March 2012. The last day to trade to participate in the dividend is Thursday, 15 March 2012. Second preference shares will commence trading ex-dividend from Friday, 16 March 2012.
23-Feb-2012
(Media Comment)
Business Day reported that Standard Bank has signed a business co-operation agreement with Japan's Mizuho Corporate Bank under which the two banks will partner to assist Japanese companies in Africa. Standard Bank wants to use its dominant position in Africa to provide financial services to Japanese companies that want to use South Africa as a base for African expansion. This is Standard Bank's first agreement of this kind with a Japanese bank.
23-Feb-2012
(Official Notice)
Stanbank will be releasing its financial results for the year ended 31 December 2011 on SENS on Thursday, 8 March 2012. The group anticipates that normalised headline earnings for the year ended 31 December 2011 will be approximately 20% higher than the previous corresponding period. With respect to results on an International Financial Reporting Standards basis, shareholders are advised that Standard Bank Group's earnings per share, headline earnings per share ("HEPS") and diluted HEPS are expected to be between 18% and 22% higher than the comparative figures for the year ended 31 December 2010. Normalised earnings reflect the legal and economic substance of the group's Black Ownership Initiative and of deemed treasury shares held for the benefit of Liberty Holding Ltd. policyholders and to facilitate client trading activities.
20-Feb-2012
(Media Comment)
Business Day mentioned that, Japan's Mizuho Financial Group will sign an agreement to co-operate with SA's Standard Bank in corporate lending as early as this week, according to two people familiar with the matter. The nonexclusive agreement will focus on bringing more of Mizuho's Japanese clients to African and Standard Bank's clients to Japan, said one of the sources, both of whom declined to be identified because the information is not public. A Mizuho spokesman declined to comment and a Standard Bank spokesman said it would "not be appropriate" to comment. The tie-up could be a sign that Mizuho - Japan's second-largest lender by assets - is becoming more serious about doing business in Africa.
07-Feb-2012
(Official Notice)
Loren Wulfsohn, group secretary for Stanbank and The Standard Bank of South Africa Ltd has advised the group that she will be leaving the group on 30 September 2012. Loren joined the group in 1998 after practising as an attorney. She was appointed group secretary in 2002. An announcement will be made in due course with regard to the replacement of the group secretary.
03-Feb-2012
(Media Comment)
Business Day noted that Stanbank's brand was valued by The 2012 Global Top 500 Banking Brands report at USD2.17 billion. The ranking makes Stanbank the most valuable banking brand in Africa for the second year running. The latest report saw the bank move from 76th position in 2011 to 73 in the world in 2012.
25-Nov-2011
(Media Comment)
Business Day reported that Stanbank's Kenyan subsidiary, CFC Stanbic, has announced its intention to undertake a rights issue in early 2012 to raise money for the expansion of the bank's financial services business. The rights issue will require the approval of shareholders and regulators. Stanbank owns 60% of CFC Stanbic.
16-Nov-2011
(Official Notice)
Stanbank announced its Basel II disclosure, and is available on its website.
17-Oct-2011
(Media Comment)
Business Day reported that, Standard bank's global board has made an unprecedented declaration of its commitment to investing in Nigeria as part of a planned aggressive organic and acquisitive expansion into Africa. Group chairman Fred Phaswana, his joint deputies Saki Macozoma and Hongli Zhang, and Group CEO Jacko Maree all spoke of the importance of Nigeria and the opportunities it presented to the bank. They spoke on Friday after emerging from a week-long global board meeting and strategy session in Lagos, where a refined business strategy for Standard would have been one of the key topics, including its plans for Nigeria. This is the first time that such a high-powered combined voice representing its global board has spoken of the importance of an African market to Standard, which is the continent's largest bank by assets.
10-Oct-2011
(Media Comment)
Standard Bank has been voted the best investment bank in SA this year in the annual EMEA Finance magazine awards. Standard also won EMEA awards as the best investment bank in Africa, as well in Nigeria, Botswana, Ghana, Kenya, Malawi, Swaziland and Tanzania. It won best bank in Malawi and Zimbabwe and best broker in Nigeria.
07-Sep-2011
(Official Notice)
The semi-annual disclosure for the Stanbank, based on information as at 30 June 2011, will be published on 7 September 2011 on the Stanbank website, at the following link: http://www.standardbank.co.za/site/investor/int2011_analysis.html.
26-Aug-2011
(Media Comment)
The Financial Mail reported that Stanbank is going to scale back its London operations. Analyst Johann Scholtz says that the bank is reducing its London balance sheet and that this may help improve its Tier 1 capital ratio. Stanbank CEO Jacko Maree has indicated that at least USD1.5 billion dollars will be returned to South Africa as "the capital base is too big and the costs are too high". The group employs 1 000 people in London and no large scale retrenchments are planned despite about 110 contact positions being cut in 2010.
11-Aug-2011
(C)
Total income for the interim period ended 30 June 2011 increased by 12% to R49.6 billion (2010: R44.3 billion). Income from banking activities rose by 2% to R29.7 billion (2010: R29 billion), profit for the period climbed by 13% to R7.8 billion (2010: R6.9 billion), while profit attributable to ordinary shareholders grew by 12% to R6.6 billion (2010: R5.9 billion). Furthermore, headline earnings per share improved by 10% to 435 cents per share (2010: 396 cents per share).



Declaration of dividends

* Ordinary dividend number 84 of 141 cents per ordinary share;

* 6.5% first cumulative preference shares (first preference shares) dividend number 84 of 3.25 cents per first preference share;

* Non-redeemable, non-cumulative, non-participating preference shares (second preference shares) dividend number 14 of 312.41 cents per second preference share.



Prospects

Current global economic uncertainty shows little sign of abating and, indeed, the events of the last few weeks point to further volatility and softer prospects for global economic growth. Consumers remain vulnerable and, despite Stanbank's expectation that interest rates will remain on hold for the remainder of the year, the group expect only moderate credit growth. While the group's improved performance towards the end of the reporting period in Corporate - Investment Banking is a positive sign, Stanbank will need to compete aggressively for client mandates to maintain this momentum. Pipelines across their core sectors remain strong and are growing. The group will continue to focus on acquiring good quality new customers and assets and needs to maintain their vigilance around levels of expenditure while investing in key growth areas that underpin the group's long-term strategy. Stanbank's strong capital position and sharpened focus on cost discipline will enable them to build further on the progress they have made in the first half of the year. The board anticipates that the banking group's total operating expenses for 2011 will be at the same level as 2010. Stanbank will continue their efforts to grow their client franchises and improve returns to shareholders.
05-Aug-2011
(Official Notice)
25-Jul-2011
(Media Comment)
According to Business Day, standard bank on Friday said it was experiencing market share growth following last year's drastic cost-cutting exercise. Without giving figures as the bank is in a closed period, the CEO of Standard Bank, Sim Tshabalala, told Business Day the restructuring had created a bank that was more agile to compete and it was already seeing its benefits. "Accordingly, many of our market shares are rising," he said. Standard's trading performance - including actual market share figures for the six months to the last month - are due for release on August 11. The will cover both its domestic and international operations. Mr Tshabalala said Standard had enough capital to fund its growth. "We're rock solid. And we are standing on our strong foundation to compete fiercely and successfully in every part of (the local) financial services (sector),' said Mr Tshabalala.
14-Jul-2011
(Media Comment)
Business Day noted that The Banker magazine's 2011 rankings of the world's top banks by their tier 1 capital, placed Stanbank in 94th place among the world's to 1 000 banks. Stanbank is up 12 spots from its previous ranking of 106. According to the magazine, Stanbank has increased its tier 1 capital by 26% to USD12 billion.
27-Jun-2011
(Media Comment)
The Sunday Times Business Times reported that Stanbank is finalising its strategy to leave Argentina. However, Stanbank said it would not respond to speculation despite CFO Simon Ridley telling the Financial Times that the bank could sell its offshore operations if it received "suitable offers". Analysts think that Stanbank is also likely to further reduce or offload its UK operations. Argentine newspapers reported that the group's 20% shareholder, Industrial and Commercial Bank of China, is interested in acquiring 80% of its operations in that country for a possible USD800 million.
21-Jun-2011
(Media Comment)
Business Day reported that Stanbank announced that it again expects record growth in personal and business advances this year, and that shows that the appetite for credit is returning. The announcement also shows that despite the high ratio of household debt to disposable income of almost 80%, banks are starting to succeed in growing advances. The advances are for personal, vehicle, and mortgage loans, which attract higher fee income than other financial products. Stanbank announced that it would beat the three-year record it broke last year when it granted the highest value of loans of about R50 billion.
13-Jun-2011
(Media Comment)
Business Day reported that Stanbank's head of power finance Alastair Campbell announced plans to commit more than R10 billion to green energy projects in SA. Campbell said there was significant appetite from both local and foreign power producers for investing in SA's renewable energy sector, despite the government's delays in finalising related subsidies. "The bank is committed and has appetite to fund as many megawatts as is possible, upwards of R10 billion for SA alone," Mr Campbell said, adding that it would go mostly to wind and solar projects.
27-May-2011
(Media Comment)
Business Day reported that Stanbank's chairman, Fred Phaswana, and its CEO, Jacko Maree, have admitted that the bank's performance has disappointed shareholders. As a result, the two have pledged to push ahead with a revised strategy to restore growth. Stanbank has stated it will cut costs and focus on Africa.
26-May-2011
(Official Notice)
Shareholders are advised that, at the Annual General Meeting of Standard Bank Group held on 26 May 2011, all of the resolutions set out in the Notice of the Annual General Meeting dated 2 March 2011 were passed by the requisite majority of shareholders.
26-May-2011
(Official Notice)
21-Apr-2011
(Official Notice)
Shareholders were advised that the annual financial statements of the group for the year ended 31 December 2010 will be posted to shareholders on 21 April 2011 and contain no modifications to the audited results for the year ended 31 December 2010 which were published on 3 March 2011 and subsequently posted to shareholders. The annual report will be available on the investor relations website of Stanbank on 21 April 2011 from 12h00.



Annual general meeting

The annual general meeting of shareholders will be held in the HP de Villiers Auditorium, Ground Floor, Standard Bank Centre, 6 Simmonds Street, Johannesburg on 26 May 2011 at 09:30.
24-Mar-2011
(Media Comment)
The Financial Mail noted that South African newspapers are reporting that Stanbank might soon be leaving Argentina. If true, it would confirm year-long rumours that the bank was finally selling its Argentine assets. With Stanbank's new Africa-centric strategy and focus on cost rationalisation, it makes sense for Stanbank to dispose of its Argentine operations, since the retail business in that country costs more to keep it open than its actual returns.
11-Mar-2011
(Official Notice)
04-Mar-2011
(Media Comment)
According to Business Day, Stanbank has given up on its strategy to be a global player in emerging markets to concentrate on its investments in Africa. CEO Jaco Maree says he is confident in the banking group's strategy. The move signals the growing influence of its 20% shareholder, the Industrial and Commercial Bank of China, which wants Stanbank to concentrate on Africa.
03-Mar-2011
(C)
Total income for the year ended December 2010 increased by 3% to R109.9 billion (2009: R106.3 billion), and net income before taxation rose by 6% to R19.5 billion (2009: R18.4 billion), while profit attributable to ordinary shareholders fell by 3% to R10.8 billion (2009: R11.1 billion). Furthermore, headline earnings per shares decreased by 5% to 735.2cps (2009: 771.1cps).



Declaration of dividends

Notice was given that the following final dividends have been declared:

* ordinary dividend number 83 of 245 cents per ordinary share;

* 6.5% first cumulative preference shares (first preference shares) dividend number 83 of 3.25 cents per first preference share

* non-redeemable, non-cumulative, non-participating preference shares (second preference shares) dividend number 13 of 337.90 cents per second preference share.



Prospects

Signs are that the global economy will continue to recover slowly, but the combined threats of increasing inflation in developing economies and budget deficits in Europe pose risks to economic growth. In Sub-Saharan Africa, we expect domestic demand to remain strong given rising real incomes and sustained private and public investment. In addition, exports are expected to benefit from the reorientation of trade toward the faster-growing markets in Asia. Africa is firmly in the company of the emerging markets outperforming the global economy in the medium term. However, growth will remain contingent on the improving health of the global economy and while there is certainly appetite for investment-led growth, there are a number of African countries facing significant political risk in the coming year. Strategically the group is well positioned and their capital adequacy is strong. After two extremely difficult years the group is focusing on improving their ROE through revenue generation and cost containment. Stanbank has taken decisive action to address their cost base, improve operational efficiency and close poorly performing business lines. They believe these initiatives, combined with an ongoing decline in credit impairments, will have a positive impact on their financial performance and that they are well positioned to resume growth in earnings.
04-Feb-2011
(Official Notice)
It is with regret that the board accepts the resignation of Rick Menell with immediate effect. He was appointed to the boards of The Standard Bank of South Africa Limited in 1995 and Standard Bank Group in 1997. Mr Menell has accepted a role within the financial services sector which would result in conflicts of interest.
23 Nov 2010 11:07:36
(Media Comment)
According to the Financial Mail, amid all the furore over Stanbank's retrenchments, there has been a subtle change in the bank's strategy. Whereas, the group previously aimed to be the leading emerging markets bank, Stanbank's focus is to now service clients and "where appropriate, connecting them globally." The bank's focus is now on Africa and CEO Jacko Maree says that Stanbank no longer has "ambitions to set up a universal bank in other continents, such as Brazil, Russia or Turkey." As an example, Maree said that despite Stanbank's original intention of buying a commercial bank in Russia to complement its 33%-held Troika merchant bank in that country, no such foray is now contemplated.
19 Nov 2010 16:51:18
(Official Notice)
In terms of the Basel II requirements of regulations relating to banks, minimum disclosure on the capital adequacy of the group is required on a quarterly basis. This announcement meets the ongoing reporting requirement for quarterly disclosure in terms of pillar three of the Basel II capital accord. Standard Bank Group remained well capitalised as at 30 September 2010 with a total capital adequacy of 15.2% and tier one capital adequacy of 12.4%, significantly exceeding minimum regulatory requirements.

September - June ("R000"):

* Ordinary share capital and premium : 17 445 - 17 435

* Ordinary shareholders' reserves : 68 944 - 70 590

* Minority interest : 10 315 - 10 478

* Regulatory deductions against primary capital : (18 518) - (18 792)

* Regulatory exclusions from primary capital : (8 271) - (11 731)

* Unappropriated profits : (10 821) - (11 693)

* Preference share capital and premium : 5 495 - 5 495

* Primary capital : 64 589 - 61 782

* Subordinated debt : 23 665 - 23 395

* Secondary unimpaired reserve funds : 1 005 - 1 122

* Regulatory deductions against secondary capital : (7 497) - (7 563)

* Secondary capital : 17 173 - 16 954

* Tertiary capital - subordinated debt : 478 - 491

* Total qualifying capital : 82 240 - 79 227

* Total minimum regulatory capital requirement : 60 119 - 60 545

* Total capital adequacy ratio (%) : 15.2 - 14.6

* Primary capital adequacy ratio (%) : 12.4 - 11.8



Standard Bank of South Africa remained well capitalised as at 30 September 2010 with a total capital adequacy of 13.9% and tier one capital adequacy of 10.6%, significantly exceeding minimum regulatory requirements.

September - June ("R000")

* Primary capital : 40 135 - 38 921

* Secondary capital : 12 022 - 12 138

* Tertiary capital - Subordinated debt : 300 - 300

* Total qualifying capital : 52 457 - 51 359

* Total minimum regulatory capital requirement : 37 418 - 37 128

* Total capital adequacy ratio (%) : 13.9 - 13.5

* Primary capital adequacy ratio (%) : 10.6 - 10.2
17 Nov 2010 10:10:20
(Official Notice)
In terms of a court order made on Friday 12 November 2010, Standard Bank Group was required to supply SASBO, the recognised union for Standard Bank employees in South Africa, certain information relating to the current rationalisation process being undertaken by the group in Johannesburg and London. South African law requires the disclosure of pertinent financial information in order for SASBO to meaningfully represent its members in the rationalisation process. The calculation of the impact of this process is at an early stage and the following information should therefore be regarded as preliminary and should not be viewed by shareholders as a comprehensive and final announcement of the financial impact thereof. It is currently estimated that the cost rationalisation process being undertaken in Johannesburg and London will result in non-recurring rationalisation costs of approximately R490 million, a portion of which relates to consultations between affected employees and the group that remain in progress as of this date and, accordingly, this figure may decrease. These costs will be accrued in full in the current financial year which ends on 31 December 2010.



It is currently estimated that the costs that have so far been eliminated from the group's 2011 budget as a consequence of the rationalisation process in Johannesburg and London amount to a total of approximately R2.3 billion. The estimated costs to be eliminated comprise:

*a reduction in direct staff costs of approximately R770 million

*a reduction in other operating costs

*reduced expenditure on sponsorships and other marketing costs of R350 million

*Information technology (IT) projects cancelled, deferred or scaled-back at this preliminary stage in our budget process, amounting to approximately R585 million. This number may increase as the budget process is being completed

*reductions in travel and entertainment costs of R25 million

*optimisation of training centres yielding cost reductions of approximately R60 million

*reduced costs relating to contractors whose contracts will not be renewed of approximately R480 million.

15 Nov 2010 09:03:23
(Media Comment)
Business Day reported that, the Labour Court has allowed Standard Bank to go ahead with a plan cut about 4% of its workforce after a union sought to halt the process, the bank said at the weekend. "Standard Bank has welcomed the Labour Court ruling and believes that it vindicates the Bank's actions relating to the retrenchment process", the bank said.
05 Nov 2010 09:05:35
(Media Comment)
The Financial Mail reported that Standard Bank SA head Sim Tshabalala admitted the bank has too many managers and executives. Managers and executives make up 31% of staff compared to a global average of less than 20%. At the executive level 65 people will be let go according to the group's recently announced retrenchment plan. In addition, 470 managers, or 7% of the total of managers and executives, will be retrenched.
22 Oct 2010 09:24:14
(Media Comment)
Business Day reported that Standard Bank has confirmed it is retrenching more than 2 000 staff members as part of a major cost-cutting drive, after a bank review revealed its revenue would remain under pressure well into next year. The cuts include 1 200 staff in SA, another 300 in the bank's London operations in a further 600 contractor's roles. In a staff update, CEO Jacko Maree and his deputy, Sim Tshabalala, said the bank had no choice but to cut costs through retrenchment. Standard is retrenching two months after Mr Maree told Business Day the economy was moving sideways, and that there were no prospects for immediate recovery after last year's recession.
21 Oct 2010 07:53:57
(Official Notice)
Stanbank is required to disclose to ICBC sufficient information to enable ICBC to equity account the group's results on a quarterly basis. Consolidated financial information, prepared on an IFRS basis, has now being provided to ICBC for purposes of ICBC's equity accounting of Stanbank's results for the nine months ended 30 September 2010.
11 Oct 2010 17:42:15
(Official Notice)
Stanbank announced the resignation of deputy chairman Kaisheng Yang, who was nominated to the board by the Industrial and Commercial Bank of China ("ICBC") in 2008. The board announced the appointment of Hongli Zhang (45) as director and deputy chairman with immediate effect.
20 Sep 2010 09:10:32
(Media Comment)
Business Report said that, Standard Bank plans to establish "a leading" African equity offering in Nigeria and Kenya and would refine its equity strategy beyond Africa in the next year. This emerged after international financial services group Credit Suisse and Africa's biggest bank by assets last week said they would end their four year-old brokerage joint venture in South Africa. Standard Bank would buy 100 percent of the shares of the joint brokerage and rename it Standard Securities, the bank said. The growth in the Nigerian and Kenyan economies and interest in their corporates meant that a pipeline of primary offerings is building up. The head of equities at Standard Bank, Ian Carton, said this would expand both the market capitalisations and liquidity, "It will also raise the profiles of the markets internationally," Carton said. Head of global markets at Standard Bank, Marc van der Spuy, said the bank had realised that its existing offering was not integrated in terms of research and distribution platforms.
13 Sep 2010 09:55:41
(Media Comment)
According to Business Day, Standard Bank on Friday said it would enhance its black empowerment credentials by concentrating on initiatives that made a visible difference to the country's previously disadvantaged communities. The lender said it was moving away from merely complying with government codes on black empowerment. It was investing millions in projects such as financing small and large black businesses, accelerating training and deployment of black people into middle and senior ranks within the bank, and funding grassroots projects to uplift the poor. "Standard Bank is trying to move away from a mindset of transformation being all about ticking the compliance boxes," Standard Bank SA CEO Sim Tshabalala said when he addressed a meeting of the Black Management Forum (BMF).
02 Sep 2010 14:41:42
(Official Notice)
In terms of the Pillar 3 disclosure requirements under the Basel II Public Disclosure Report, comprehensive semi-annual and annual risk and capital information is required to be disclosed. The semi-annual disclosure for Stanbank, based on information as at 30 June 2010, will be published on 2 September 2010 on the Stanbank website, at the following link: http://www.standardbank.co.za/site/investor/int2010_analysis.html.
20 Aug 2010 15:33:01
(Official Notice)
A reminder notice was given that the interest rate, being the three-month JIBAR rate plus 0.15%, in relation to the retail deposit note SBR002 for the interest period 15 June 2010 up to but excluding 15 September 2010 has been set at 6.775% which equates to 171c per R100 unit.

* Last date to trade cum interest : Friday, 03 September 2010

* Ex-interest date : Monday, 06 September 2010

* Record date : Friday, 10 September 2010

* Payment date : Wednesday, 15 September 2010
12 Aug 2010 10:03:17
(C)
05 Aug 2010 18:14:11
(Official Notice)
Trading statement in respect of the six months ended 30 June 2010 Standard Bank Group will be releasing its interim results on 12 August 2010 on the Stock Exchange News Service (SENS). The group's subsidiary, Liberty Holdings Ltd ("Liberty"), reported interim results on SENS earlier today. Given the large turnaround in Liberty's earnings for the period, and the effect this has on the group's results, a voluntary trading statement for the group is provided below. Shareholders are advised that Standard Bank Group's EPS,HEPS and diluted HEPS are expected to be between 6% and 12% higher than June 2009, calculated on a normalised basis. On an IFRS basis, Standard Bank Group's EPS, HEPS and diluted HEPS are expected to be between 9% and 15% higher than June 2009 Normalised earnings reflect the legal and economic substance of the group's black ownership initiative and deemed treasury shares held for the benefit of Liberty policyholders and to facilitate client trading activities. The financial information on which this trading statement is based has not been reviewed or reported on by the group's external auditors.
05 Aug 2010 14:16:53
(Official Notice)
The interest rate, being the three-month JIBAR rate plus 0.30%, in relation to the retail deposit note SBR003 for the interest period 5 August 2010 up to but excluding 5 November 2010 has been set at 6.885% which equates to 174c per R100 unit.

*Last date to trade cum interest -- Friday, 22 October 2010

*Ex-interest date -- Monday, 25 October 2010

*Record date -- Friday, 29 October 2010

*Payment date -- Friday, 5 November 2010
18 Jun 2010 10:57:24
(Official Notice)
Notice was given that the interest rate, being the three-month JIBAR rate plus 0.15%, in relation to the Retail Deposit Note SBR002 for the interest period 15 June 2010 up to but excluding 15 September 2010 has been set at 6.775% which equates to 171c per R100 unit.

* Last date to trade cum interest: Friday, 03 September 2010

* Ex-interest date: Monday, 06 September 2010

* Record date: Friday, 10 September 2010

* Payment date: Wednesday, 15 September 2010
10 Jun 2010 09:24:39
(Media Comment)
According to Business Report, Standard Bank was reported to be in talks with several "interested parties" about offers for its unit in Argentina. But the bank denied the claims and reaffirmed its commitment to growing its operations in the country. Deputy chief executive Wharton-Hood commented that Standard Bank remained firmly committed to its business in Argentina. "We have a profitable, sustainable and stable operation in Argentina. Any interest shown by third parties in the business is confirmation of our success".
27 May 2010 13:56:40
(Official Notice)
At the annual general meeting all of the resolutions were passed by the requisite majority of shareholders. In addition, chairman Derek Cooper, retired at the conclusion of the meeting. Derek Cooper thanked Martin Shaw, who also retired at the conclusion of the meeting, for his contribution and the pivotal role he played as an independent non-executive director. Fred Phaswana has now been appointed as chairman of Stanbank.
24 May 2010 08:55:56
(Official Notice)
A reminder notice is hereby given that the interest rate, being the three-month JIBAR rate plus 0.15%, in relation to the Retail Deposit Note SBR002 for the interest period 15 March 2010 up to but excluding 15 June 2010 has been set at 7.295% which equates to 184c per R100 unit.

*Last date to trade cum interest -- Friday, 4 June 2010

*Ex-interest date -- Monday, 7 June 2010

*Record date -- Friday, 11 June 2010

*Payment date -- Tuesday, 15 June 2010
05 May 2010 13:35:48
(Official Notice)
The interest rate, being the three-month JIBAR rate plus 0.30%, in relation to the Retail Deposit Note SBR003 for the interest period 5 May 2010 up to but excluding 5 August 2010 has been set at 6.915% which equates to 175c per R100 unit.

*Last date to trade cum interest -- Friday, 23 July 2010

*Ex-interest date -- Monday, 26 July 2010

*Record date -- Friday, 30 July 2010

*Payment date -- Thursday, 5 August 2010
26 Apr 2010 12:01:07
(Official Notice)
In the announcement of the company's annual results for the year ended 31 December 2009 released on the Securities Exchange News Service of the JSE Limited ("SENS") on Thursday, 4 March 2010 and published in the South African and Namibian press on Friday, 5 March 2010, Standard Bank Group ordinary shareholders were advised that the directors of Standard Bank Group had resolved to issue fully paid ordinary shares of 10 (ten) cents each in the Company as a scrip distribution, payable to Standard Bank Group ordinary shareholders recorded in the register of the Company on the record date, being Friday, 23 April 2010.



In terms of the announcement Standard Bank Group ordinary shareholders would be entitled, in respect of all or part of their shareholding, to elect to receive a cash dividend of 245 cents per Standard Bank Group ordinary share in lieu of the scrip distribution, failing which they would receive the scrip distribution. The last day to trade to participate in the scrip distribution was Friday, 16 April 2010. The number of Standard Bank Group ordinary shares to which Standard Bank Group ordinary shareholders participating in the scrip distribution would become entitled, was determined in the ratio that 245 cents multiplied by 1,05 bears to 11 565 cents which equates to 22,24384 new ordinary shares per every 1 000 shares held, being the volume weighted average price of the company's ordinary shares on the exchange operated by the JSE Limited during the five-day trading period ended Thursday, 8 April 2010. The rounding principle was applied to fractions.



Standard Bank Group ordinary shareholders holding 664 336 001 Standard Bank Group ordinary shares elected to receive the cash dividend of 245 cents per Standard Bank Group ordinary share, resulting in a total cash dividend of R 1 627 623 202.45 being paid out of the profits of the Company. Accordingly, 19 979 912 Standard Bank Group ordinary shares were issued to Standard Bank Group ordinary shareholders in terms of the scrip distribution resulting in a capitalisation out of the share premium of the company of R 1 997 991.20. Share certificates and dividend cheques, where applicable, were dispatched to certificated shareholders at their risk, and the Central Securities Depository Participant/broker accounts of dematerialised shareholders were credited, today.

26 Apr 2010 10:01:09
(Media Comment)
Business Report highlighted that Standard Bank used 72% of its capital in Africa as the continent proffered opportunities to form links with emerging markets such as Brazil, India and China. This means that Africa is at the heart of the company?s emerging markets strategy, which would enable the bank to provide services to countries with ties to the continent. Standard Bank SA chief executive officer Sim Tshabalala said the group expected to generate higher levels of growth outside of South Africa in the medium term, adding this was the reason some of its capital had been channelled there.
21 Apr 2010 16:58:29
(Official Notice)
Shareholders are advised that the annual financial statements of the group for the year ended 31 December 2009 will be posted to shareholders on 21 April 2010 and contain no modifications to the audited results for the year ended 31 December 2009 which were published on 4 March 2010 and subsequently posted to shareholders. An online version of the annual report will be available on the investor relations website of Standard Bank Group on 21 April 2010.



The Annual General Meeting of Standard Bank Group shareholders will be held in the HP de Villiers Auditorium, Ground Floor, Standard Bank Centre, 6 Simmonds Street, Johannesburg on 27 May 2010 at 09:30 to transact the business stated in the notice of the Annual General Meeting, which was issued together with the annual report containing the annual financial statements of the group for the year ended 31 December 2009.
20 Apr 2010 17:39:41
(Official Notice)
ICBC acquired a 20% shareholding in Standard Bank group in March 2008. Consequently Standard Bank group is required to disclose to ICBC sufficient information to enable ICBC to equity account the group's results on a quarterly basis. The following consolidated financial information, prepared on an IFRS basis, has been disclosed to ICBC for purposes of ICBC's equity accounting of Standard Bank group's results for the quarter ended 31 March 2010.
09 Apr 2010 11:07:05
(Official Notice)
Further to the announcement of the company's annual results for the year ended 31 December 2009, as released on the Securities Exchange News Service of the JSE Ltd ("SENS") on Thursday, 4 March 2010 and published in the South African and Namibian press on Friday, 5 March 2010, in which Stanbank ordinary shareholders were notified of the payment of a scrip distribution, shareholders were advised that the volume weighted average price ("VWAP") of the company's ordinary shares on the JSE Ltd ("JSE") during the five-day trading period ended Thursday, 8 April 2010 was 11 565 cents.



Accordingly, the number of Stanbank ordinary shares to which Stanbank ordinary shareholders participating in the scrip distribution will be entitled, is determined in the ratio that 245 cents multiplied by 1.05 bears to 11 565 cents which equates to 22.24384 new ordinary shares per every 1 000 ordinary shares held. Trading in the Strate Ltd environment does not permit fractions and fractional entitlements. Accordingly, where a Stanbank ordinary shareholder's entitlement to new Stanbank ordinary shares, calculated in accordance with the above formula, gives rise to a fraction of a new Stanbank ordinary share, such fraction of a new ordinary share will be rounded up to the nearest whole number where the fraction is greater than or equal to 0.5 and rounded down to the nearest whole number where the fraction is less than 0.5.



Stanbank ordinary shareholders who wish to receive the cash dividend of 245 cents per ordinary share in respect of all or part of their shareholding must elect to do so in accordance with the provisions of the circular and form of election which was posted to Stanbank ordinary shareholders on Monday, 8 March 2010. A further announcement will be made on or about Monday, 26 April 2010 in respect of the results of the scrip distribution.
08 Apr 2010 14:51:39
(Official Notice)
A reminder notice was given that the interest rate, being the three-month JIBAR rate plus 0.30%, in relation to the retail deposit note SBR003 for the interest period 05 February 2010 up to but excluding 05 May 2010 has been set at 7.490% which equates to 183c per R100 unit.

* Last date to trade cum interest: Thursday, 22 April 2010

* Ex-interest date: Friday, 23 April 2010

* Record date: Friday, 30 April 2010

* Payment date: Wednesday, 05 May 2010
15 Mar 2010 15:43:10
(Official Notice)
Notice was given that the interest rate, being the three-month JIBAR rate plus 0.15%, in relation to the retail deposit note SBR002 for the interest period 15 March 2010 up to but excluding 15 June 2010 has been set at 7.295% which equates to 184c per R100 unit.

* Last date to trade cum interest: Friday, 04 June 2010

* Ex-interest date: Monday, 07 June 2010

* Record date: Friday, 11 June 2010

* Payment date: Tuesday, 15 June 2010
08 Mar 2010 11:53:03
(Media Comment)
An article in The Sunday Times Business Time said that Stanbank looks set to keep Jacko Maree as CEO. In addition, deputy CE, Sim Tshabalala, said there were no plans to change what was working well, and that executive team was behind Maree. Maree is credited with turning Stanbank around after Nedbank Group Ltd's failed bid showed the group's flaws. Nevertheless, the fact that Stanbank has not substantially reshuffled its management team, means that the bank is out of sync in this regard with respect to its major competitors.
04 Mar 2010 09:04:32
(C)
01 Mar 2010 09:13:33
(Media Comment)
Business Report indicated that Standard Bank is backing another housing project that will give families, who earn too much to qualify for government subsidies and too little to get bank loans, a chance to own a home. Kevin Duncan, the head of Standard Bank's integrated residential development division said middle-income families earning between R3000 and R9000 a month are at risk of being stranded in a position where they earn too much to qualify for a state housing subsidy, but not enough to qualify for a traditional bank loan. Duncan further added that it was a major challenge for South Africa to develop affordable housing on a significant scale. There are several projects that Standard Bank is working on to provide middle income families with housing. These include developments in Woodmead, north of Durban, Nellmapius in Gauteng, and Blueberry Hill in the Western Cape.
19 Feb 2010 09:47:39
(Official Notice)
A reminder notice is hereby given that the that the interest rate, being the three-month JIBAR rate plus 0.15%, in relation to the retail deposit note SBR002 for the interest period 15 December 2009 up to but excluding 15 March 2010 has been set at 7.379% which equates to 182c per R100 unit.

* Last date to trade cum interest: Friday, 05 March 2010

* Ex-interest date: Monday, 08 March 2010

* Record date: Friday, 12 March 2010

* Payment date: Monday, 15 March 2010
18 Feb 2010 08:23:35
(Official Notice)
Trading statement in respect of the year ended 31 December 2009 Standard Bank Group's results for the year ended 31 December 2009 will be released on 4 March 2010. The group expects that headline earnings per share (HEPS), diluted HEPS and basic earnings per share (EPS) on a normalised basis for the year ended 31 December 2009 are likely to be approximately 20% lower than the comparable period in 2008. HEPS, diluted HEPS and basic EPS calculated on an IFRS basis for the year ended 31 December 2009 are likely to be between 20% and 25% lower than the comparable period in 2008. Results are normalised to reflect the legal and economic substance of the group's Black Ownership Initiative; and deemed treasury shares held for the benefit of Liberty policyholders and to facilitate client trading activities. The above information has not been reviewed or reported on by the group's external auditors.
15 Jan 2010 08:41:19
(Media Comment)
Business Day reported that Stanbank has registered with Nigeria's central bank to investigate buying distressed lenders in the west African country. The timetable for buying any of the Nigerian institutions will be determined by the central bank. Ten of the institutions failed an audit in 2009. Stanbank may use acquisitions to bolster expansion even though it already operates as Stanbic IBTC in Nigeria after buying a Lagos-based bank in 2007. Clive Tasker, CEO of the bank's African unit, commented that Stanbank sees further growth opportunities in Nigeria, both organically on the back of a well established local business, as well as through select acquisitions.
18 Dec 2009 08:44:21
(Media Comment)
According to Business Report, portfolio managers have selected Stanbank as their top pick among banks for 2010, believing the group has a "great" track record and resilient offshore operations. Sanlam Private Investments' director of investments, Alwyn van der Merwe, commented that the bank possessed a well-diversified income stream spread across emerging markets and a highly regarded management team.
11 Dec 2009 09:50:15
(Media Comment)
Business Day reported that Stanbank has signed a USD130 million two-year term loan facility in Taiwan. This was Stanbank's first direct borrowing in the Taiwanese market. Casper Troskie, Stanbank's CFO, said the money will be used for general corporate purposes, including trade-related finance.
10 Dec 2009 17:16:52
(Official Notice)
Standard Bank has proposed to the trustees and representatives of the black ownership initiative that it will permit dividends paid on Standard Bank ordinary shares and received by the black ownership structures to flow through to the participants in those structures, subject to:

*A minimum two times ordinary share price cover being maintained on the outstanding preference share funding obligation at the date of declaration of each ordinary dividend

*The term of the preference share funding provided by Standard Bank being reduced from the original agreed 20 years to a maximum 15 years.



It is Standard Bank's view that these amendments will provide scheme participants access to a limited portion of the initiative?s built up value, whilst not exposing Standard Bank to undue risk on the outstanding preference share funding provided. The financial impact on Standard Bank's shareholders due to the delayed repayment of the preference share debt will not be significant and will partially be compensated for by the reduction of the term of the preference share funding.



These amendments are subject to the approval of the trustees or shareholders of the respective black ownership structures and certain administrative steps, but are expected to be completed in the first quarter of 2010, with the first flow- through of ordinary dividends expected to occur with respect to the final dividend for the financial year ended 31 December 2009, which is scheduled to be paid in early April 2010.
03 Dec 2009 16:54:27
(Official Notice)
Standard Bank group and The Standard Bank of South Africa Ltd announced the appointment of Fred Phaswana and Richard Dunne to their boards with immediate effect.

23 Nov 2009 07:55:36
(Media Comment)
According to Finweek, investors should be worried about two issues when comes to Stanbank. The first concerns the banks 20% shareholder, Industrial and Commercial Bank of China ("ICBC"), which might want to up its stake in the group in order to use Stanbank as its personal gateway into South Africa and Africa. The reason is that there looks to be a looming banking crisis in China, which could encourage ICBC to offset some of its losses in Africa. The second issue concerns Liberty Group Ltd, the assurer it controls. This business is not doing well and shareholders are suffering.
20 Nov 2009 11:13:59
(Official Notice)
A reminder notice is hereby given that the interest rate, being the three- month JIBAR rate plus 0.15%, in relation to the Retail Deposit Note SBR002 for the interest period 15 September 2009 up to but excluding 15 December 2009 has been set at 7.171% which equates to 179c per R100 unit.

*Last date to trade cum interest -- Friday, 4 December 2009

*Ex-interest date -- Monday, 7 December 2009

*Record date -- Friday, 11 December 2009

*Payment date -- Tuesday, 15 December 2009
13 Nov 2009 09:51:00
(Official Notice)
Derek Cooper, who has been chairman of Standard Bank since January 2001, reaches retirement age and will be stepping down from the board of directors of Standard Bank Group ("the board") after the annual general meeting in May 2010. Mr Tshamano Mohau Frederik ("Fred") Phaswana has agreed to accept the chairmanship of the Standard Bank Group subject to regulatory approval, be joining the Standard Bank Group and The Standard Bank of South Africa Ltd boards. Both Saki Macozoma and Kaisheng Yang will continue as joint deputy chairmen of the group.
05 Nov 2009 13:20:40
(Official Notice)
The interest rate, being the three-month JIBAR rate plus 0.30%, in relation to the Retail Deposit Note SBR003 for the interest period 5 November 2009 up to but excluding 5 February 2010 has been set at 7.500% which equates to 190c per R100 unit. Salient dates:

*Last date to trade cum interest: Friday, 22 January 2010

*Ex-interest date: Monday, 25 January 2010

*Record date: Friday, 29 January 2010

*Payment date: Friday, 5 February 2010
09 Oct 2009 13:16:31
(Official Notice)
A reminder notice was given that the interest rate, being the three-month JIBAR rate plus 0.30%, in relation to the Retail Deposit Note SBR003 for the interest period 5 August 2009 up to but excluding 5 November 2009 has been set at 7.975% which equates to 202c per R100 unit.

*Last date to trade cum interest -- Friday, 23 October 2009

*Ex-interest date -- Monday, 26 October 2009

*Record date Friday, 30 October 2009

*Payment date Thursday, 5 November 2009
28 Sep 2009 07:36:32
(Official Notice)
Further to the announcement dated 6 March 2009, regarding the strategic partnership with Troika Dialog group Ltd, the leading independent Russian investment bank, shareholders are advised that all conditions precedent to the transaction whereby Standard Bank will acquire 33.33% of Troika Dialog have been fulfilled. The transaction was implemented on 25 September 2009 and ownership of Standard Bank's Russian subsidiary, ZAO Standard Bank, was transferred to Troika Dialog on this date.
21 Sep 2009 09:21:51
(Official Notice)
In terms of the Pillar 3 disclosure requirements under Basel II Public Disclosure Report, comprehensive semi-annual and annual risk and capital information is required to be disclosed. The semi-annual disclosure for Standard Bank Group, based on information as at 30 June 2009, will be published on 21 September 2009 on the Standard Bank website.
14 Sep 2009 08:49:46
(Media Comment)
According to Business Day, Stanbank has raised USD1 billion of loan funding from Chinese Banks for the first time. The four banks are Industrial and Commercial Bank of China (Macau), Bank of China, China Development Bank and China Citic Bank. CEO Jacko Maree called the funding a "coup". The facility will help support transactions in Africa.
21 Aug 2009 11:25:15
(Official Notice)
A reminder notice is that the interest rate, being the three-month JIBAR rate plus 0.15%, in relation to the Retail Deposit Note SBR002 for the interest period 15 June 2009 up to but excluding 15 September 2009 has been set at 7.504% which equates to 190c per R100 unit.

*Last date to trade cum interest -- Friday, 4 September 2009

*Ex-interest date -- Monday, 7 September 2009

*Record date -- Friday, 11 September 2009

*Payment date -- Tuesday, 15 September 2009
13 Aug 2009 08:16:53
(C)
11 Aug 2009 09:40:05
(Media Comment)
The Sunday Times Business Times wrote that Stanbank holds the key to the future of cash-strapped English Premier League club Portsmouth. It emerged that Stanbank had loaned the soccer club GBP27 million to keep it afloat but the bank was unwilling to lend it more. Stanbank was also in the process of calling in administrators to get the money back. This would force the club to go into liquidation.
07 Aug 2009 08:39:08
(Media Comment)
Stanbank's Nigerian unit, Stanbic IBTC Bank, said second quarter net income declined to NGN5.5 billion (R281.2 million) from NGN8.2 billion for the prior comparative period. Business Report wrote that revenue fell from NGN29.9 billion to NGN27.1 billion.
05 Aug 2009 13:08:15
(Official Notice)
The interest rate, being the three-month JIBAR rate plus 0.30%, in relation to the retail deposit note SBR003 for the interest period 5 August 2009 up to but excluding 5 November 2009 has been set at 7.975% which equates to 202c per R100 unit. Salient dates:

*Last date to trade cum interest -- Friday, 23 October 2009

*Ex-interest date -- Monday, 26 October 2009

*Record date -- Friday, 30 October 2009

*Payment date -- Thursday, 5 November 2009
30 Jul 2009 17:08:46
(Official Notice)
Standard Bank Group's results for the six months ended 30 June 2009 will be released on 13 August 2009.



The group expects that normalised headline earnings will be between 20% and 25% lower when compared with the corresponding period in 2008. Normalised headline earnings of the group's banking activities are expected to be 10% to 15% lower than the corresponding period. With respect to the group's investment management and life insurance operation, shareholders are referred to Liberty Holdings Ltd recent trading statement wherein it was stated that "Liberty Holdings Ltd expects to report a total and headline loss for the six months ended 30 June 2009 of between R1 100m and R1 300m". Headline earnings per share, diluted headline earnings per share and basic earnings per share on a normalised basis for the six months ended 30 June 2009 are likely to be between 25% and 30% lower than the corresponding period. Headline earnings per share, diluted headline earnings per share and basic earnings per share calculated on an IFRS basis are likely to be between 30% and 35% lower than the corresponding period. Results are normalised to reflect the legal and economic substance of the group's black ownership Initiative and deemed treasury shares held for the benefit of Liberty policyholders.
10 Jul 2009 15:30:21
(Official Notice)
Interest Rate announcement in relation to the Retail Deposit Note SBR003 for the Interest Period 05 May 2009 up to but excluding 05 August 2009. A reminder notice is hereby given that the Interest Rate, being the three-month JIBAR rate plus 0.30%, in relation to the Retail Deposit Note SBR003 for the Interest Period 05 May 2009 up to but excluding 05 August 2009 has been set at 8.333% which equates to 211c per R100 unit.

Last date to trade cum interest - Friday, 24 July 2009

Ex-interest Date - Monday, 27 July 2009

Record Date - Friday, 31 July 2009

Payment Date - Wednesday,05 August 2009

29 Jun 2009 16:40:09
(Official Notice)
Standard Bank Group is pleased to announce the appointment of Simon Ridley, Group Financial Director, to the board of Standard Bank Group with effect from 30 June 2009.
12 Jun 2009 08:47:41
(Media Comment)
The number of Stanbank's joint projects with its major Chinese shareholder, Industrial and Commercial Bank of China ("ICBC") already stands at 65. ICBC chairman Jiang Jianqing was quoted in Business Day as saying that the list keeps getting "longer and longer". Stanbank aims to raise the value of the deals that it has done with ICBC to USD50 million. Stanbank has a 20-person office in Beijing.
11 Jun 2009 14:44:30
(Official Notice)
This SENS announcement corrects the interest rate amount payable on the retail deposit note SBR003 for the interest period 5 May 2009 up to but excluding 5 August 2009. The interest rate, being the three-month JIBAR rate plus 0.30%, in relation to the retail deposit note SBR003 for the interest period 5 May 2009 up to but excluding 5 August 2009 has been set at 8.333% which equates to 211c per R100 unit.
08 Jun 2009 09:30:01
(Media Comment)
Business Report quoted Stanbank CE, Jacko Maree, as saying that expansion in India is a priority for the bank. Maree also said that another focus was the development of Stanbank's business in Nigeria.
01 Jun 2009 09:09:40
(Media Comment)
Business Report noted that Stanbank's Kenyan unit, CFC Stanbic Bank, expected to post improved earnings for 2009 after cutting provisions for bad debts and as customer numbers have risen. The managing director of the Kenyan unit, Mike du Toit, commented that loan-loss provisions were expected to drop to 400 million shillings (R42.6 million) in 2009, from 600 million shillings previously.
29 May 2009 09:16:54
(Media Comment)
Business Report noted that Yang Kaisheng, the president of Industrial and Commercial Bank of China ("ICBC"), which owns 20% of Stanbank, failed to attend two board meetings and numerous committee meetings in 2008. Shareholder activist, Theo Botha, said he was disappointed in this behaviour. However, another ICBC director, Yagan Liu, has attended most of the meetings.
28 May 2009 15:40:59
(Official Notice)
Shareholders are advised that, at the annual general meeting of Standard Bank Group held on 28 May 2009, all of the resolutions set out in the notice of the annual general meeting dated 4 March 2009 were passed by the requisite majority of shareholders.



Standard Bank Group and The Standard Bank of South Africa Ltd announced the retirement of Elisabeth Bradley as a director of the group. Elisabeth was originally appointed to the Standard Bank Group's board in 1986 and to the Standard Bank of South Africa Limited board in 1997.
26 May 2009 09:36:23
(Media Comment)
According to Business Report, Stanbank has paid R1.8 billion in dividends to the Industrial and Commercial Bank of China ("ICBC") since the Chinese bank acquired its stake in the local bank in 2008. The return on ICBC's investment amounts to 7.7%. ICBC and Stanbank have co-operated on 65 projects.
22 May 2009 12:14:32
(Official Notice)
A reminder notice is hereby given that the interest rate, being the three-month JIBAR rate plus 0.15%, in relation to the retail deposit note SBR002 for the interest period 16 March 2009 up to but excluding 15 June 2009 has been set at 9.871% which equates to 247c per R100 unit.

*Last date to trade cum interest -- Friday, 5 June 2009

*Ex-interest date -- Monday, 8 June 2009

*Record date -- Friday, 12 June 2009

*Payment date -- Monday, 15 June 2009
13 May 2009 09:28:05
(Media Comment)
Business Report quoted Stanbank's head of local business, Sim Tshabalala as saying that this year was proving "tougher than anybody expected". Tshabalala expects bad debts to continue throughout 2009, but said conditions will start stabilising from 2010.
28 Apr 2009 10:01:09
(Media Comment)
Business Report quoted Stanbank CE, Jacko Maree, as saying that the bank expects "extremely difficult" conditions to continue in 2009. Maree added that global confidence in faltering financial markets is unlikely to improve in the short term. Stanbank's board says that producing results for 2010 that are similar to those for 2009 will be acceptable.
24 Apr 2009 10:20:15
(Official Notice)
Shareholders are advised that the annual financial statements of the group for the year ended 31 December 2008 will be posted to shareholders on 24 April 2009 and contain no modifications to the audited results for the year ended 31 December 2008 which were published on 5 March 2009 and subsequently posted to shareholders. An online version of the annual report will be available on the investor relations website of Standard Bank Group on 24 April 2009.



The 40th annual general meeting of Standard Bank Group shareholders will be held in the HP de Villiers Auditorium, Ground Floor, Standard Bank Centre, 6 Simmonds Street, Johannesburg on 28 May 2009 at 09:30 to transact the business stated in the notice of the annual general meeting, which was issued together with the annual report containing the annual financial statements of the group for the year ended 31 December 2008. As is customary, the group will provide an update on trading conditions at the annual general meeting and the update will be released on the SENS of the JSE Ltd on the same date. The group's interim results for the period ended 30 June 2009 will be released on 13 August 2009.
21 Apr 2009 07:34:05
(Official Notice)
ICBC acquired a 20% shareholding in Stanbank in March 2008, consequently Stanbank is required to disclose to ICBC sufficient information to enable ICBC to equity account the group's results on a quarterly basis, as has been done. As is customary, a trading update regarding the group's performance for the first four months of 2009 will be provided at the group's annual general meeting to be held on 28 May 2009 and will be released on SENS on the same date.
09 Apr 2009 13:48:00
(Official Notice)
Notice was given that The Standard Bank of South Africa Lt (a wholly owned subsidiary of Stanbank) has issued R1.8 billion of ten year subordinated unsecured CPI Linked Notes listed on the Bond Exchange of South Africa ("BESA") from 9 April 2009. The issue was done through a private placement and priced to return a yield to investors of 575 basis points above CPI (as set out in the pricing supplement dated 7 April 2009 posted on the BESA website). The notes qualify as Tier II capital in terms of the regulations relating to South African banks.
07 Apr 2009 13:09:54
(Official Notice)
The interest rate, being the three-month JIBAR rate plus 0.30%, in relation to the Retail Deposit Note SBR003 for the interest period 5 February 2009 up to but excluding 05 May 2009 has been set at 11.008% which equates to 269c per R100 unit.

*Last date to trade cum interest -- Tuesday, 21 April 2009

*Ex-interest date -- Thursday, 23 April 2009

*Record date -- Thursday, 30 April 2009

*Payment date -- Tuesday, 5 May 2009
06 Apr 2009 15:44:00
(Official Notice)
06 Apr 2009 09:59:40
(Official Notice)
Ben Kruger (49), Simpiwe (Sim) Tshabalala (41), and Peter Wharton-Hood (43) have been appointed Deputy Chief Executives of the Standard Bank Group.Tshabalala is currently Chief Executive of Standard Bank of South Africa (SBSA), while Kruger and Wharton-Hood are Group Chief Operating Officers. Apart from the Group Chief Executive Jacko Maree (53), Kruger, Wharton-Hood and Tshabalala are the most senior executives in the group. Kruger joined Standard Bank in 1985, Wharton-Hood in 1997 and Tshabalala in 2000.
03 Apr 2009 08:46:23
(Media Comment)
Stanbank has been granted a USD400 million (R3.7 billion) loan facility by the World Bank's International Finance Corporation ("IFC") in a bid to inject trade finance in sub-Saharan Africa. Business Report noted that this is not the first time the two have worked together. Stanbank CE, Jacko Maree, said the IFC has previously worked with Stanbank in other parts of Africa, where it has put shareholder funds in some of the banks.
20 Mar 2009 14:45:57
(Official Notice)
16 Mar 2009 13:42:06
(Official Notice)
In the event that the South African national elections are confirmed for 22 April 2009, a public holiday may be declared and the dividend timetable above would be impacted. In such instance, Stanbank would likely bring the register dividend dates forward by one day to Tuesday, 21 April 2009 with respective ex dividend dates being changed to Thursday, 23 April 2009. The record and payment dates would remain as stated above.



The interest rate, being the three-month JIBAR rate plus 0.30%, in relation to the Retail Deposit Note SBR003 for the interest period 05 February 2009 up to but excluding 5 May 2009 has been set at 11.008% which equates to 269c per R100 unit.

*Last date to trade cum interest -- Wednesday, 22 April 2009

*Ex-interest date -- Thursday, 23 April 2009

*Record date -- Thursday, 30 April 2009

*Payment date -- Tuesday, 5 May 2009
16 Mar 2009 13:38:47
(Official Notice)
Notice is hereby given that the interest rate, being the three-month JIBAR rate plus 0.15%, in relation to the Retail Deposit Note SBR002 for the interest period 16 March 2009 up to but excluding 15 June 2009 has been set at 9.871% which equates to 247c per R100 unit.

*Last date to trade cum interest -- Friday, 5 June 2009

*Ex-interest date -- Monday, 8 June 2009

*Record date -- Friday, 12 June 2009

*Payment date -- Monday, 15 June 2009
10 Mar 2009 11:45:09
(Media Comment)
UBS analyst Stephan Potgieter was quoted in Business Report as saying that Stanbank's plan to acquire 33% of Russian investment bank Troika Dialog, and combine the firm with its Russian operations made for a "good fit". In addition, Potgieter said that the USD200 million Stanbank is paying for the stake is a modest investment.
06 Mar 2009 08:26:44
(Official Notice)
Standard Bank is entering into a strategic partnership with Troika Dialog group Ltd, the most established and largest independent investment bank in Russia, in terms of which Standard Bank intends, subject to regulatory approvals, becoming a 33% shareholder in Troika Dialog. The deal will initially comprise a USD200 million convertible loan extended by Standard Bank's international operations to the Troika Dialog group. Subject to the required regulatory approval process, this loan, together with the acquisition by Troika Dialog of Standard Bank's existing operation in Russia, ZAO Standard Bank, is convertible into a 33% equity stake in the merged entity. The combined operation will have a capital base in excess of USD850 million and will be strongly positioned to compete in the Russian financial services sector and to pursue banking consolidation opportunities in Russia. The transaction is subject to the approval of the Central Bank of the Russian Federation and the Russian antitrust authorities and the South African Registrar of Banks.
05 Mar 2009 10:05:48
(C)
Turnover decreased by 13% from R97 130 million to R84 725 million in 2008.Profit before taxation decreased by 5% to R22 568 million (2007:R23 634 million). Profit attributable to ordinary shareholders increased to R13 932 million (R13 651 million). In addition, headline earnings on a per share basis decreased to 1 002.0cps (1 033.4cps).



Dividends per share

Ordinary shares - payment of a scrip distribution with a cash dividend election.

6.5% first cumulative preference shares dividend declared of 3.25 cps for the period under review.

Non-redeemable, non-cumulative, non-participating preference shares dividend declared of 545.04 cps for the period under review.



Prospects

The group expects the extremely difficult operating conditions to continue, posing significant challenges for their customers and their industry. Global confidence in financial markets is unlikely to improve in the short term. Operations outside of South Africa should continue to benefit from synergies with the South African operations and opportunities in local markets. In South Africa it is likely that consumers will remain under pressure as unemployment and lower economic growth exacerbate financial stresses despite the relief provided by the current downward trend in interest rates. Lower commodity prices and a slowdown in activity will pose challenges for South African corporates. The group is committed to continue deepening our client relationships and staying alert to opportunities as they arise. The group does not underestimate the challenges of the external environment but the group believes our businesses are resilient and we are pursuing our focused strategy with strength and confidence. We continue judiciously to seek growth opportunities in our chosen markets to enhance the group's long-term prospects. In light of the prevailing volatility of financial markets, the group has not published financial objectives for 2009. In these tough global economic conditions the group will continue to exercise caution and to ensure that sound risk management practices are maintained and enhanced. In light of the above circumstances, the board considers that producing similar results in 2009 to those achieved in 2008 would be an acceptable outcome.
20 Feb 2009 08:04:10
(Official Notice)
Standard Bank's results for the year ended 31 December 2008 will be released on 5 March 2009. Given the prevailing volatility of financial markets and in order to keep investors informed in these unusual circumstances, a voluntary trading statement is provided below. In October 2008, Standard Bank provided the market with financial results for the 9 months ended 30 September 2008. Despite the fourth quarter being extremely challenging the results for the year are nevertheless expected to be broadly in line with what was anticipated at that stage. The group expects that normalised headline earnings for the year ended 31 December 2008 will be between 5% and 10% higher than the previous corresponding period. Headline earnings per share and diluted headline earnings per share on a normalised and IFRS basis for the year ended 31 December 2008 are likely to be between 0% and 5% lower than the previous corresponding period, as a result of the additional shares issued to Industrial and Commercial Bank of China Ltd in March 2008. Basic earnings per share, calculated on a normalised and IFRS basis is likely to range between 8% and 12% lower than the previous corresponding period. Normalised earnings reflect the legal and economic substance of the group's Black Ownership Initiative and deemed treasury shares held for the benefit of Liberty Life policyholders.
13 Feb 2009 13:15:14
(Official Notice)
The Standard Bank of South Africa Ltd intends redeeming, in full, the entire issuing of SBR001 Retail Deposit Notes due on 17 February 2009.

Details of the redemption of SBR001 Retail Deposit Notes are as follows:

*Last Date to Trade in respect of the redemption: 6 February 2009

*Suspension of listing: 9 February 2009

*Payment date:17 February 2009
05 Feb 2009 15:11:15
(Official Notice)
The interest rate, being the three-month JIBAR rate plus 0.30%, in relation to the Retail Deposit Note SBR003 for the interest period 5 February 2009 up to but excluding 5 May 2009 has been set at 11.008% which equates to 269c per R100 unit.

*Last date to trade cum interest -- Wednesday, 22 April 2009

*Ex-interest date -- Thursday, 23 April 2009

*Record date -- Thursday, 30 April 2009

*Payment date -- Tuesday, 05 May 2009
23 Jan 2009 13:37:37
(Official Notice)
Notice was given that the interest rate, being the three-month JIBAR, in relation to the Retail Deposit Note SBR001 for the interest period 17 November 2008 up to but excluding 17 February 2009 has been set at 12.325%, which equates to 311c per R100 unit.

*Last date to trade cum interest -- Friday, 6 February 2009

*Ex-interest date -- Monday, 9 February 2009

*Record date -- Friday, 13 February 2009

*Payment date -- Tuesday, 17 February 2009
17 Dec 2008 10:57:01
(Official Notice)
Notice was given that the interest rate, being the three-month JIBAR rate plus 0.15%, in relation to the Retail Deposit Note SBR002 for the interest period 15 December 2008 up to but excluding 16 March 2009 has been set at 11.542% which equates to 288c per R100 unit.

*Last date to trade cum interest -- Friday, 6 March 2009

*Ex-interest date -- Monday, 9 March 2009

*Record date -- Friday, 13 March 2009

*Payment date -- Monday, 16 March 2009
01 Dec 2008 17:14:18
(Official Notice)
In terms of the Basel II requirements under Regulation 43(1)(e)(ii) of regulations relating to banks, minimum disclosure on the capital adequacy of the group is required on a quarterly basis. This announcement meets the ongoing reporting requirement for quarterly disclosure in terms of Pillar 3 of the Basel II capital accord. Stanbank remained well capitalised as at 30 September 2008 with a total capital adequacy of 13.6% and Tier 1 capital adequacy of 11%, significantly exceeding minimum regulatory requirements.
21 Nov 2008 13:39:52
(Official Notice)
Notice was given that the interest rate, being the three-month JIBAR rate plus 0.15%, in relation to the Retail Deposit Note SBR002 for the Interest Period 15 September 2008 up to but excluding 15 December 2008 has been set at 12.292% which equates to 307c per R100 unit.

*Last date to trade cum interest -- Friday, 5 December 2008

*Ex-interest date -- Monday, 8 December 2008

*Record date -- Friday, 12 December 2008

*Payment date -- Monday, 15 December 2008
17 Nov 2008 15:17:39
(Official Notice)
Notice is hereby given that the interest rate, being the three-month JIBAR, in relation to the Retail Deposit Note SBR001 for the interest period 17 November 2008 up to but excluding 17 February 2009 has been set at 12.325%, which equates to 311c per R100 unit.

*Last date to trade cum interest -- Friday, 6 February 2009

*Ex-interest date -- Monday, 9 February 2009

*Record date -- Friday, 13 February 2009

*Payment date -- Tuesday, 17 February 2009
05 Nov 2008 13:22:02
(Official Notice)
The interest rate, being the three-month JIBAR rate plus 0.30%, in relation to the Retail Deposit Note SBR003 for the interest period 5 November 2008 up to but excluding 5 February 2009 has been set at 12.625% which equates to 319c per R100 unit. Salient dates:

*Last date to trade cum interest -- Friday, 23 January 2009

*Ex-interest date -- Monday, 26 January 2009

*Record date -- Friday, 30 January 2009

*Payment date -- Thursday, 5 February 2009
05 Nov 2008 07:36:38
(Official Notice)
Notice is hereby given that Stanbank has issued a 5 Year Retail Deposit Note SBR003 which shall yield a floating quarterly coupon of 3-month Jibar plus 0.30%. The retail deposit note is listed on the JSE Ltd effective from 5 November 2008 under the Other Securities Sector.
24 Oct 2008 13:45:16
(Official Notice)
Notice was given that the interest rate, being the three-month JIBAR, in relation to the Retail Deposit Note SBR001 for the interest period 18 August 2008 up to but excluding 17 November 2008 has been set at 12.075%, which equates to 302c per R100 unit.

*Last date to trade cum interest -- Friday, 7 November 2008

*Ex-interest date -- Monday, 10 November 2008

*Record date -- Friday, 14 November 2008

*Payment date -- Monday, 17 November 2008
24 Oct 2008 08:33:33
(Media Comment)
According to Business Report, Stanbank will slow lending in Argentina as the economy weakened and after the country's government announced plans to seize pension funds from private money managers. CE Jacko Maree said that Stanbank will not "growing our business dramatically there. It's going to be much more of a containment and defensive strategy".
23 Oct 2008 09:16:26
(Official Notice)
10 Oct 2008 17:55:32
(Official Notice)
Standard Bank Group was required to comply with Basel II from 1 January 2008. In terms of the disclosure requirements under Basel II, comprehensive semi-annual and annual disclosures are required. The semi-annual disclosure for Standard Bank Group, based on June 2008 information, will be published on 10 October 2008 on the Standard Bank website.
16 Sep 2008 10:36:13
(Official Notice)
Notice is hereby given that the Interest Rate, being the three-month JIBAR rate plus 0.15%, in relation to the Retail Deposit Note SBR002 for the Interest Period 15 September 2008 up to but excluding 15 December 2008 has been set at 12.292% which equates to 307c per R100 unit.
04 Sep 2008 08:37:34
(Official Notice)
Further to the cautionary announcement released by Libhold on 21 July 2008, the shareholders of Liberty, Libhold and Standard Bank are advised that Libhold has agreed with Liberty to propose a scheme of arrangement between Liberty and all of its members in terms of which Libhold will acquire all the shares in the issued share capital of Liberty, other than those already held by Libhold and the Liberty shares owned by Liberty's wholly-owned subsidiary Lexshell 615 (Pty) Ltd, in exchange for an issue of ordinary shares in Libhold.



Subject to the grant by the Court of an order convening the scheme meeting, further announcements will be made on or about Tuesday, 23 September 2008 setting out :

* the salient dates of the scheme. Following that announcement, a circular providing further information on the scheme and containing, inter alia, a notice of the scheme meeting, a form of proxy and a form of surrender, is expected to be posted to Liberty shareholders on or about Friday, 26 September 2008; and

* the date of the Libhold EGM and the dates of implementation of the subdivision. Following that announcement, a circular containing, inter alia, a notice of the Libhold EGM, a form of proxy and a form of surrender, is expected to be posted to Libhold shareholders on or about Friday, 26 September 2008.

These times and dates are subject to change. Any change will be announced on SENS and published in the press.

27 Aug 2008 09:40:03
(Media Comment)
Stanbank was investing USD370 million in Brazil, according to the bank's CEO of Brazilian operations, Fabio Solferini. According to Business Day, USD120 million will be committed to the local unit and USD250 million to a private equity fund.
22 Aug 2008 11:15:19
(Official Notice)
A reminder notice is hereby given that the interest rate, being the three-month JIBAR rate plus 0.15%, in relation to the retail deposit note SBR002 for the interest period 17 June 2008 up to but excluding 15 September 2008 has been set at 12.379% which equates to 306c per R100 unit.

*Last date to trade cum interest -- Friday, 5 September 2008

*Ex-interest date -- Monday, 8 September 2008

*Record date -- Friday, 12 September 2008

*Payment date -- Monday, 15 September 2008
21 Aug 2008 10:54:37
(Media Comment)
The Financial Mail reported that Stanbank still has USD1 billion left to spend out of the R15.9 billion Industrial and Commercial Bank of China injected into the bank. The plan seems to be to use the money to add muscle to its existing banks, particularly in Nigeria, Brazil and Russia, but CEO Jacko Maree will not rule out acquiring a bank in Nigeria. Maree also added that talk of an acquisition been made in North Africa is unlikely.
19 Aug 2008 09:58:08
(Official Notice)
Notice is hereby given that the Interest Rate, being the three-month JIBAR, in relation to the Retail Deposit Note SBR001 for the Interest Period 18 August 2008 up to but excluding 17 November 2008 has been set at 12.075%, which equates to 302c per R100 unit.
13 Aug 2008 09:00:19
(C)
The period was characterised by turbulence in financial markets worldwide and cyclically higher inflation and interest rates in South Africa. Against this backdrop, the group grew headline earnings per share by 10% to 529.2 cents per share, increased net asset value per share by 44% and achieved a return on equity of 21.4% on an International Financial Reporting Standards (IFRS) basis. On a normalised basis headline earnings per share grew 7%, net asset value per share increased 40% and a return on equity of 19.8% was achieved.



Dividends

It is currently group policy to declare both interim and year-end dividends at a cover ratio of 2.5 times normalised headline earnings. This policy remained unchanged and an interim dividend of 193 cents per share was declared, an increase of 7% on the 2007 interim distribution of 181 cents per share.



Prospects

The global economy has experienced a period of rapid deterioration and the outlook remains uncertain. South Africa`s growth potential for 2008 is being restrained by the potential slowdown in global economic activity. However, strong investment spending, particularly by the South African government and public sector entities, is expected to support economic growth and should ease the impact of the slowdown. The group publishes its financial objectives annually in March. The principal financial objectives for 2008 published at that stage were normalised headline earnings per share growth of CPIX plus 5% and a return on equity of 21.0%.
07 Aug 2008 10:31:48
(Media Comment)
The global credit crunch and a likely slowdown in China are delaying an early return from Stanbank's tie-up with China's Industrial and Commercial Bank ("ICBC"). The Financial Mail quoted a Financial Times report that had Stanbank's top executives admitting that building the relationship with ICBC was "proving more difficult than anticipated". However, Craig Bond, the head of Stanbank's team in Beijing, said that "things have taken a bit longer" than expected, but that the team is ready for the next phase of isolating business opportunities and then getting things done. Recent hints of a slowdown in China could also hamper proposed deals between China and Africa.
25 Jul 2008 11:34:18
(Official Notice)
A reminder notice was given that the interest rate, being the three-month JIBAR, in relation to the Retail Deposit Note SBR001 for the interest period 19 May 2008 up to but excluding 18 August 2008 has been set at 12.017%, which equates to 300c per R100 unit.

*Last date to trade cum interest -- Friday, 08 August 2008

*Ex-interest date -- Monday, 11 August 2008

*Record date -- Friday, 15 August 2008

*Payment date -- Monday, 18 August 2008
21 Jul 2008 17:45:58
(Official Notice)
14 Jul 2008 15:27:41
(Official Notice)
Further to the announcements dated 26 June 2008 and 7 July 2008 regarding Stanbank's unconditional offer to acquire the remaining ordinary shares in the issued ordinary share capital of Liberty Holdings Ltd ("Libhold") which it did not own (the "offer shares") by means of an offer, Stanbank hereby announces the interim acceptances received in respect of the offer after 12:00 on Friday, 4 July 2008, but prior to 12:00 on Friday, 11 July 2008. The offer remains open for acceptance until 12:00 on Friday, 18 July 2008.



Interim acceptances received

Interim acceptances were received after 12:00 on Friday, 4 July 2008 but prior to 12:00 on Friday, 11 July 2008 in respect of 1 301 716 offer shares, representing 7.25% of the total offer shares and 2.65% of the aggregate number of Libhold ordinary shares in issue. Accordingly, Stanbank's aggregate direct shareholding in Libhold after these acceptances is 45 783 950 ordinary shares, representing 93.26% of the aggregate number of Libhold ordinary shares in issue. Settlement of the aggregate consideration of R285 401 233 in respect of the offer shares tendered after 12:00 on Friday, 4 July 2008, but prior to 12:00 on Friday, 11 July 2008 will be effected today, Monday 14 July 2008.



Final settlement date

The final settlement date will be Monday, 21 July 2008, which will be in respect of the acceptances received by the transfer secretaries after 12:00 on Friday, 11 July 2008, but before 12:00 on Friday, 18 July 2008.



Important dates and times

The important dates and times of the offer are set out below:

*Liberty Holdings ordinary shares trade "ex" the offer -- Monday, 14 July 2008

*Record date in order to participate in the offer -- Friday, 18 July 2008

*The offer closes at 12:00 on -- Friday, 18 July 2008

*Results of the offer released on SENS -- Monday, 21 July 2008

*Final settlement date -- Monday, 21 July 2008
07 Jul 2008 15:49:09
(Official Notice)
Further to the announcement dated 26 June 2008 confirming the opening of Stanbank's unconditional offer to acquire the remaining ordinary shares in the issued ordinary share capital of Liberty Holdings Ltd ("Libhold") which it did not own Stanbank announced the acceptances received in respect of the offer prior to 12:00 on Friday, 4 July 2008. The offer remains open for acceptance until 12:00 on Friday, 18 July 2008.



Interim acceptances received

Interim acceptances were received prior to 12:00 on Friday, 4 July 2008 in respect of 13 334 023 offer shares, representing 74.3% of the total offer shares and 27.2% of the aggregate number of Libhold ordinary shares in issue. Accordingly, Stanbank's aggregate direct shareholding in Libhold after these acceptances is 44 482 234 ordinary shares, representing 90.6% of the aggregate number of Libhold ordinary shares in issue. No further Libhold ordinary shares are held by Stanbank's subsidiaries after these acceptances. Settlement of the aggregate consideration of R2 923 484 543 in respect of the offer shares tendered prior to 12:00 on Friday, 4 July 2008 will be effected today, Monday 7 July 2008.



Next settlement date

The next settlement date will be Monday, 14 July 2008, which will be in respect of further acceptances received by the transfer secretaries after 12:00 on Friday, 4 July 2008, but before 12:00 on Friday, 11 July 2008.



Important dates and times

The important dates and times of the offer are set out below:

*Last day to trade Libhold ordinary shares on the JSE to accept the offer -- Friday, 11 July 2008

*Libhold ordinary shares trade ex the offer -- Monday, 14 July 2008

*Record date in order to participate in the offer -- Friday, 18 July 2008

*The offer closes at 12:00 on Friday, 18 July 2008

*Results of the offer released on SENS -- Monday, 21 July 2008

*Remaining settlement dates -- Monday, 14 July 2008 and Monday, 21 July 2008
26 Jun 2008 07:43:34
(Official Notice)
Further to the announcement released on SENS on 27 May 2008 and published in the press on 29 May 2008, in which Stanbank confirmed having notified the board of directors of Liberty Holdings Ltd ("Libhold") of its firm intention to make an offer to acquire the remaining shares of the issued ordinary share capital of Libhold which Stanbank does not already own ("the offer shares") by means of an offer, ordinary shareholders of Libhold ("offerees") are advised that the offer, which is unconditional, opens at 09:00 on Thursday, 26 June 2008. The offer is not made to the holders of Libhold listed cumulative preference shares, which shares are not convertible into Libhold ordinary shares and will continue to be listed on the JSE.



Posting of the offer document

The document detailing the offer by Stanbank to the offerees ("the offer document") will be posted to the offerees today, Thursday, 26 June 2008. Electronic copies of the offer document can be downloaded at www.standardbank.co.za/site/investor/LibHold_offer.html.



Terms of the offer

Offer price

The consideration payable to the offerees in terms of the offer is a cash payment of R219.25 per offer share.



Settlement of the offer price

To expedite the settlement to offerees of the consideration for their offer shares, Stanbank will settle on each Monday, commencing on 7 July 2008, the consideration in respect of offer shares tendered prior to 12:00 on the preceding Friday. The procedures for the acceptance of the offer, and payments of consideration, are further detailed below.



Important dates and times

The important dates and times of the offer are set out below:

*The offer opens at 09:00 on Thursday, 26 June 2008

*Last day to trade Libhold ordinary shares on the JSE to accept the offer on Friday, 11 July 2008

*Libhold ordinary shares trade "ex" the offer on Monday, 14 July 2008

*Record date in order to participate in the offer on Friday, 18 July 2008

*The offer closes at 12:00 on Friday, 18 July 2008

*Results of the offer released on SENS on Monday, 21 July 2008

*Payment dates from Monday, 7 July 2008
17 Jun 2008 11:59:20
(Official Notice)
Interest rate announcement in relation to the Retail Deposit Note SBR002 for the Interest Period 17 June 2008 up to but excluding 15 September 2008. Notice is hereby given that the interest rate, being the three-month JIBAR rate plus 0.15%, in relation to the Retail Deposit Note SBR002 for the Interest Period 17 June 2008 up to but excluding 15 September 2008 has been set at 12.229% which equates to 302c per R100 unit.
11 Jun 2008 10:06:48
(Official Notice)
Stanbank has advised that it purchased 40 000 ordinary shares of Liberty Holdings Ltd on 10 June 2008 for R214.55 per share.
10 Jun 2008 10:42:56
(Official Notice)
Stanbank announced that it has purchased 3 542 Liberty Holdings ordinary shares on 9 June 2008 for R214.07 per share.
09 Jun 2008 11:04:05
(Official Notice)
Stanbank has advised that they have purchased 14 660 ordinary shares at a price of R214.50 on 6 June 2008.
09 Jun 2008 07:47:34
(Official Notice)
Business Day quoted Stanbank CE Jacko Maree as saying that the prices of banking assets in Russia and Brazil "are still very high". This meant that Stanbank would wait for the price of potential takeover targets in those countries to drop.
06 Jun 2008 12:09:07
(Official Notice)
Stanbank announced that it has purchased 6 534 ordinary shares in Liberty Holdings Ltd for R213.83 per share.
05 Jun 2008 12:37:24
(Official Notice)
Stanbank disclosed that on 4 June 2008, it purchased 19 474 ordinary shares in Liberty Holdings Ltd for a price of R213.47 per share.
05 Jun 2008 12:02:18
(Media Comment)
According to Finweek, Stanbank's offer for Liberty Holdings Ltd ("Libhold") may be rejected by some minorities. Canon Asset Management director Adrian Saville says that he is considering retaining his shares in Libhold, as he believes them to be worth more than Stanbank's offer of R219.25 per share. Others are in favour of the buyout, including shareholder activist Theo Botha. However, Botha finds it suspicious that Stanbank's CEO, Jacko Maree, has not been clear on whether or not Libhold will be delisted if minorities accept the offer. Botha says he does not understand why they want to continue controlling Liberty Group Ltd and thinks that Stanbank has something to hide.
04 Jun 2008 08:12:11
(Media Comment)
Business Day noted that Stanbank's Kenyan unit completed the acquisition of CFC Bank after providing security to the country's commercial court to meet legal obligations. Clive Tasker, CE of the group's African operations said: "We are pleased the merger has been concluded".
29 May 2008 15:19:42
(Official Notice)
Stanbank announced the retirement of Buddy Hawton.
29 May 2008 07:38:16
(Official Notice)
Shareholders are advised that, at the Annual General Meeting of the company held on 28 May 2008, all of the resolutions set out in the notice of the Annual General Meeting dated 29 April 2008 were passed by the requisite majorities of shareholders.
28 May 2008 08:36:54
(Official Notice)
At the annual general meeting to be held later today, chief executive Jacko Maree will make the following comments regarding the group?s performance for the first four months of 2008 in comparison with the same period for 2007:



"At the release of the group?s 2007 results on 5 March 2008, we cautioned that the outlook for global economic growth had deteriorated and that growth rates in the market in which we operate are expected to slow in 2008. In South Africa, the impact of a further 50 basis point increase in interest rates in April, electricity outages and fuel and food price inflation have contributed to a more challenging operating environment than we had anticipated. In the group?s international investment banking operations, the global credit and liquidity crisis has significantly reduced revenue opportunities in its credit related businesses.



The most significant shift from expectations is further increases in early arrears and non-performing loans in our personal and business banking division in South Africa. The level of consumers` disposable income available to cover increasing debt instalments has been materially impacted by sharply increasing inflation. The annualised group credit loss ratio for the first four months of the year has exceeded our published objective. Although there is typically a seasonal increase in arrears in the first quarter of the year, the April interest rate increase and ongoing inflationary pressures are causing persistence in arrears experience.



On the positive side, net interest income is benefiting from the additional capital received from ICBC and from strong loan growth achieved in prior periods. Fee and commission income retained momentum and trading revenues enjoyed good volumes in foreign exchange and commodity trading. Cost efficiency is receiving closer than usual attention and the positive gap between revenue and cost growth has widened, improving the cost-to-income ratio for the period under review.



Shareholders are referred to the Liberty Group market update on 14 May 2008 wherein it was stated that "the group?s return on embedded value for the first three months of 2008 remains in line with market guidance of 14.5% to 15.5%. Group indexed new business remained firm but growth levels were lower than those enjoyed in the 2007 year."
27 May 2008 17:57:38
(Official Notice)
Stanbank has notified the board of directors of Liberty Holdings Ltd ("Libhold") of its firm intention to acquire the remaining 20 044 474 shares (40.83%) of the issued ordinary share capital of Libhold which Stanbank does not already own ("the offer shares") ("the offer"). The consideration payable in terms of the offer will be 21 925 cents per ordinary share in cash. If all Libhold shareholders accept the offer, the aggregate maximum consideration will amount to R4.4 billion in cash.



Mechanism for the offer

The offer will be implemented by way of an unconditional offer by Stanbank to the shareholders of Libhold other than Stanbank ("the offerees") in terms of Chapter XVA of the Companies Act, 1973. It is currently expected that the circular containing further details in respect of the offer will be posted on or about 30 June 2008 and that the offer will close for acceptances on or about 25 July 2008.



Terms of the offer

The consideration payable in terms of the offer, which will be unconditional as to acceptances, will be a cash payment of 21 925 cents per offer share. The consideration represents a premium of 23.2% to the closing price of Libhold ordinary shares on 26 May 2008.



Cash confirmation

Goldman Sachs International has, as required in terms of the Securities Regulation Code and the Rules of the Securities Regulation Panel, provided a cash confirmation to the Securities Regulation Panel confirming that Stanbank has sufficient cash resources available to satisfy the full cash consideration payable in terms of the offer.
23 May 2008 10:49:17
(Official Notice)
The interest rate, being the three-month JIBAR rate plus 0.15%, in relation to the Retail Deposit Note SBR002 for the interest period 17 March 2008 up to but excluding 17 June 2008 has been set at 11.475% which equates to 290c per R100 unit.

*Last date to trade cum interest on Friday, 06 June 2008

*Ex-interest date on Monday, 09 June 2008

*Record date on Friday, 13 June 2008

*Payment date on Tuesday, 17 June 2008
23 May 2008 08:25:15
(Media Comment)
Stanbank's Africa CE Clive Tasker was quoted in Business Day as saying that the integration of IBTC Chartered Bank in Nigeria was progressing well. As a result, the group expects its revenue to grow there substantially. Nigeria already accounts for 13% of Stanbank's African revenues.
19 May 2008 12:12:54
(Official Notice)
Notice is hereby given that the interest rate, being the three-month JIBAR, in relation to the Retail Deposit Note SBR001 for the interest period 19 May 2008 up to but excluding 18 August 2008 has been set at 12.017%, which equates to 300c per R100 unit.

*Last date to trade cum interest Friday, 08 August 2008

*Ex-interest Date Monday, 11 August 2008

*Record Date Friday, 15 August 2008

*Payment Date Monday, 18 August 2008
09 May 2008 10:27:40
(Media Comment)
Business Day reported that Stanbank's Kenyan subsidiary Stanbic Bank Kenya's merger with CFC Bank has been temporarily halted until a case brought by former employees is heard. The entity will be known as CFC/Stanbic Holdings if the deal ultimately goes ahead.
08 May 2008 09:59:09
(Media Comment)
The Financial Mail reported that in a letter that Stanbank was forced to release addressing the Liberty shareholding structure, the banking group said it had "an excellent and mutually beneficial relationship" with the Liberty Group Ltd ("Liberty") and that it did not want this relationship to be "frustrated by uninvolved third parties". In the letter, Stanbank CEO Jacko Maree commented that "should Liberty Holdings Ltd ("Libhold") be liquidated, and Liberty become a 29% investment of the bank" then Stanbank would be forced to re-examine its current relationship with Liberty. However, Chris Logan of Opportune Investments questions the need to re-examine arrangements if they are really "mutually beneficial". Roy McAlpine, former head of Liberty's investment business says that "minority shareholders are obviously been oppressed" and that this "value trap" should be dismantled. Shares in Libhold are trading at 17% below those of Liberty.
29 Apr 2008 16:57:24
(Official Notice)
The transaction through which ICBC acquired a 20% shareholding in Stanbank was implemented on Monday, 3 March 2008. ICBC`s results for the quarter ended 31 March 2008 include equity-accounted earnings of Stanbank for the month of March 2008.



Shareholders are advised that the annual financial statements of the group for the year ended 31 December 2007 will be posted to shareholders on 29 April 2008 and contain no modifications to the audited results which were published on 5 March 2008 and subsequently posted to shareholders. PricewaterhouseCoopers Inc. and KPMG Inc. audited the results and the annual financial statements of the group and their reports remain available for inspection at the registered office of Standard Bank. An online version of the annual report will be available on our website on 29 April 2008.



Notice is hereby given that the 36th Annual General Meeting of Stanbank shareholders will be held at HP de Villiers Auditorium, Ground Floor, Standard Bank Centre, 6 Simmonds Street, Johannesburg on 28 May 2008 at 09:30 to transact the business stated in the notice of the Annual General Meeting, which was issued together with the annual report containing the annual financial statements of the group for the year ended 31 December 2007.
29 Apr 2008 08:13:06
(Official Notice)
Stanbank announced the appointment of two new board members representing the Industrial and Commercial Bank of China Ltd. In terms of the transaction concluded with ICBC which was completed on 3 March 2008, ICBC is entitled to appoint two directors to the board, one of whom would serve as deputy chairman. Mr Yang Kaisheng, currently president and vice chairman of ICBC, has been appointed as a non-executive director and deputy chairman to the board. Mr Liu Yagan, currently deputy general manager of Corporate Strategy and Investor Relations Department of ICBC, has been appointed to the board as a non- executive director. Both of these appointments will be with immediate effect.
25 Apr 2008 11:11:39
(Official Notice)
Interest Rate announcement in relation to the Retail Deposit Note SBR001 for the Interest Period 18 February 2008 up to but excluding 19 May 2008 A reminder notice is hereby given that the Interest Rate, being the three-month JIBAR, in relation to the Retail Deposit Note SBR001 for the Interest Period 18 February 2008 up to but excluding 19 May 2008 has been set at 11.175%, which equates to 279c per R100 unit.

*Last date to trade cum interest Friday, 09 May 2008

*Ex-interest Date Monday, 12 May 2008

*Record Date Friday, 16 May 2008

*Payment Date Monday, 19 May 2008
08 Apr 2008 08:47:32
(Media Comment)
Business Report noted that Stanbank's takeover of Kenya's CFC Bank has been approved by regulators. Stanbank will control 60% of the merged company and its Stanbic unit would combine its Kenyan business with CFC Bank. The deal is worth R2.5 billion.
28 Mar 2008 08:34:00
(Media Comment)
Business Day reported that BHP Billiton plc ("BHPBill") has decided to terminate R2.4 billion worth of annual business with Stanbank. The decision came after a high-ranking Stanbank executive suggested at a recent business and government meeting that BHPBill's Hillside aluminium smelter be shut to save electricity. Neither party would name the person who made the comment.
17 Mar 2008 13:39:23
(Official Notice)
Notice is hereby given that the Interest Rate, being the three-month JIBAR rate plus 0.15%, in relation to the Retail Deposit Note SBR002 for the Interest Period 17 March 2008 up to but excluding 17 June 2008 has been set at 11.475% which equates to 290c per R100 unit.

*Last date to trade cum interest Friday, 06 June 2008

*Ex-interest Date Monday, 09 June 2008

*Record Date Friday, 13 June 2008

*Payment Date Tuesday, 17 June 2008
05 Mar 2008 08:47:15
(C)
Despite the worsening environment, Standbank continued to perform strongly, building on the excellent financial results achieved in the first half of the year. For the full year to 31 December 2007, headline earnings per share grew by 23.4% to 1 033.4 cents per share (2006: 837.4cps) and the group achieved a return on equity of 26.7% on an IFRS basis. Net interest income increased to R22.5m (2006: R16.6m) and the profit for the year increased to R16.5m (2006: R12.5m).



Dividends

A final dividend of 205 cents per share (2006: 176 cents) has been declared, an increase of 16% on last year?s final dividend. The total amount distributed to shareholders in respect of the 2007 financial year was 21% higher than in the prior year.



Prospects

The outlook for global economic growth has deteriorated significantly in the past six months. Dislocations in developed financial markets have inevitably had a knock-on effect in developing markets and South Africa has not been immune. Growth rates in the markets in which we operate are expected to slow in 2008. Operating conditions will however create both risks and opportunities across the group?s diverse financial services operations. The board is confident that with our skilled and passionate people, and highly disciplined approach to risk management, the group is well positioned to manage these risks and capitalise on the opportunities. Over the next few years the group will focus on identifying suitable capital deployment opportunities for the capital inflow arising from the transaction with ICBC to ensure appropriate shareholder returns.
03 Mar 2008 13:07:20
(Official Notice)
Stanbank announced that the transaction in terms of which the Industrial and Commercial Bank of China Limited (ICBC) was to acquire a 20% stake in Stanbank, has been completed. In terms of the transaction, Stanbank issued to ICBC 152 505 805 ordinary shares at a price of R104.58 per share, for a total cash subscription price of R15 949 057 087.
22 Feb 2008 11:38:37
(Official Notice)
A reminder notice is hereby given that the interest rate, being the three-month JIBAR rate plus 0.15%, in relation to the Retail Deposit Note SBR002 for the interest period 18 December 2007 up to but excluding 17 March 2008 has been set at 11.375%, which equates to 281c per R100 unit.

*Last date to trade cum interest Friday, 07 March 2008

*Ex-interest Date Monday, 10 March 2008

*Record Date Friday, 14 March 2008

*Payment Date Monday, 17 March 2008
22 Feb 2008 08:24:32
(Official Notice)
20 Feb 2008 08:37:10
(Official Notice)
The group expects that growth in headline earnings per share and fully diluted headline earnings per share on a normalised basis for the year ended 31 December 2007 is likely to be between 18% and 22% over the previous corresponding period. Growth in basic earnings per share, calculated on a normalised basis, as well as growth in headline earnings per share, fully diluted headline earnings per share and basic earnings per share calculated on an IFRS basis, is likely to range between 22% and 28%.
18 Feb 2008 15:50:12
(Official Notice)
Notice is hereby given that the interest rate, being the three-month JIBAR, in relation to Retail Deposit Note SBR001 for the interest period 18 February 2008 up to but excluding 19 May 2008 has been set at 11.175%, which equates to 279c per R100 unit. Salient dates:

*Last date to trade cum interest -- Friday, 9 May 2008

*Ex-interest date -- Monday, 12 May 2008

*Record date -- Friday, 16 May 2008

*Payment date -- Monday, 19 May 2008
14 Feb 2008 15:59:36
(Official Notice)
Further to the announcement released on SENS of the JSE Ltd and published in the press on Monday, 4 February 2008 and Tuesday, 5 February 2008, respectively, Standard Bank Group announces that the outstanding conditions precedent to the scheme of arrangement proposed by Industrial and Commercial Bank of China Ltd ("ICBC"), between Standard Bank Group and its ordinary shareholders, and the specific issue of shares for cash to ICBC have now been fulfilled. Accordingly, the dates and times for the implementation of the transaction are as follows:

*Effective date of the transaction -- Friday, 15 February 2008

*Last day to trade Standard Bank Group ordinary shares on the JSE in order for ordinary shareholders to be eligible to receive the scheme consideration -- Friday, 22 February 2008

*Standard Bank Group ordinary shares will trade under the new ISIN number ZAE000109815 from the commencement of trading on the JSE -- Monday, 25 February 2008

*Record date -- Friday, 29 February 2008

*Operative date of the Scheme, at the commencement of trading on the JSE -- Monday, 3 March 2008
05 Feb 2008 07:08:10
(Official Notice)
Stanbank shareholders are advised that the China Banking Regulatory Commission has granted its unconditional approval of the acquisition by ICBC of 20% of the ordinary shares in Stanbank. Stanbank will make an announcement to shareholders in relation to:

* the fulfilment of the remaining conditions precedent to the transaction as set out in the scheme document dated 16 November 2007; and

* the further details of the implementation of the transaction, by no later than the close of business on 14 February 2008.
01 Aug 2006 08:31:46
(Official Notice)
Standard Bank's results for the six months ended 30 June 2006 will be released on 16 August 2006. Indications are that growth in headline earnings per share (and normalised headline earnings per share) for the six months ended 30 June 2006 is likely to be between 15% and 20%. Growth in earnings per share (and normalised earnings per share) for the six months ended 30 June 2006 is likely to be between 25% and 30%. Results are normalised to reflect the legal and economic substance of the group's Black Ownership Initiative and deemed treasury shares held for the benefit of Liberty Life policyholders.
28 Jul 2006 11:04:14
(Official Notice)
28 Jul 2006 08:45:30
(Media Comment)
Fitch has downgraded Standard Bank's outlook. Business Day noted that the reason for the downgrade was that rising interest rates may affect nonperforming loans.
30 May 2006 08:53:36
(Official Notice)
The Standard Bank of South Africa Ltd ("Standard Bank"), a major subsidiary of Standard Bank Group today announced its decision to give African Bank Investments 12 months notice on their joint venture in respect of low income lending.



The joint venture, originally established in late 2000 was developed in order to leverage the respective expertise of the two parties, both of whom had a significant franchise in the mass market. The joint venture which was originally intended to run for a minimum of four years, has to date disbursed in excess of 582 000 loans with a value of R2.1 billion over the five and half years in operation. Whilst the joint venture has performed well over the period, Standard Bank has decided to terminate the joint venture in order to drive its strategy in the mass market independently.



The termination of the joint venture is not expected to have a material impact on the financial projections and financial results of Standard Bank.
29 May 2006 15:15:48
(Official Notice)
Dr Conrad Strauss retired as a member of the board at the close of the company's annual general meeting.
24 May 2006 12:12:44
(Official Notice)
All of the resolutions proposed at the annual general meeting, including the special resolution, were passed by the requisite majorities of shareholders.
24 May 2006 10:23:16
(Official Notice)
Standard Bank's Chief Executive Jacko Maree made the following comments regarding key features of the group's performance for the first four months of 2006 in comparison with the same period for 2005:



Revenues across the group show healthy growth, both in net interest income and non-interest revenue. Net interest income reflects the benefit of the continued momentum of strong growth in loans and advances which is more than compensating for margin compression. All categories of non-interest income are growing strongly and in particular trading revenues from international sources reflect a substantial improvement.



With respect to credit impairment charges, a substantial increase is evident. This is not due to any noticeable deterioration in credit quality, but arises from the non-recurrence of the 2005 credit recoveries in corporate and investment banking portfolios, combined with normal performing portfolio provisions on a fast growing mortgage book and a higher proportion of credit card advances which typically incur higher credit losses. All of these changes are as anticipated by the group.



Shareholders are referred to the Liberty Life market update on 22 May 2006 wherein it was stated that "good operational performance together with buoyant investment markets to the end of the first quarter had a positive impact on BEE normalised headline earnings per share and BEE normalised embedded value per share" and provisional results from Liberty Life for this period reflect an improved contribution to group earnings.



The group's financial objectives for 2006 are a normalised return on equity of 24%, growth in normalised* headline earnings per share of inflation (CPIX) plus 10 percentage points, a credit loss ratio within 0.75% and a cost-to-income ratio of 55.5% or better. All of these objectives were achieved for the first four months of 2006.
22 May 2006 11:39:41
(Official Notice)
Shareholders are referred to the announcement dated 5 May 2006 relating to the proposed private placement of the preference shares amounting to between R1 billion and R2 billion during May 2006. The group said that, in terms of the private placement, 13 157 895 preference shares at an aggregate value of R1.5 billion, were placed with institutional investors at a price of R114 ps, at an effective 63% of prime. The JSE has granted the group a listing of the 13 157 895 additional preference shares in the Specialist Securities - "Preference Shares" sector with effect from Tuesday, 23 May 2006.



05 May 2006 11:20:16
(Official Notice)
Standard Bank proposes to privately place non-redeemable, non-cumulative preference shares during May 2006 and has commenced a process to assess market demand in this regard. The company aims to raise between R1 billion and R2 billion of preference share capital at an effective cost of 63% of prime. The preference share capital which qualifies as tier I capital is being raised to maintain a cost effective, prudent capital base for the group.
26 Apr 2006 08:31:15
(Official Notice)
The annual financial statements of the group for the year ended 31 December 2005 will be posted to shareholders on 26 April 2006 and contain no modifications to information previously published in the preliminary report issued to shareholders and the audited results which were published on 9 March 2006. The annual general meeting will be held at Standard Bank Centre on Wednesday 24 May 2006 at 09:30.
05 Apr 2006 15:46:33
(Official Notice)
Standard Bank, on 5 April 06, launched two subordinated unsecured bonds callable on 10 April 2013 and 10 April 2018 totalling R3 billion. Both bonds which qualify as regulatory Tier II capital were issued to maintain SBSA's capital adequacy at a prudent level considering robust growth in assets. The bonds were placed by Standard Bank Corporate and Investment Banking and Deutsche Bank and will be listed on the Bond Exchange of South Africa.
23 Mar 2006 09:57:40
(Official Notice)
Standard Bank has entered into a memorandum of understanding with Credit Suisse to jointly develop a South African institutional agency stock broker, to be named Credit Suisse Standard Securities. The joint venture will incorporate the current institutional agency stockbroking business of Standard Bank (currently operating through Andisa Securities (Pty) Ltd) and in addition will have access to and be able to offer its clients, inter alia, Credit Suisse's global research portfolio and equity distribution platform. Standard Bank and Credit Suisse plan to co-operate on major equity capital markets transactions in the future. The equity on-line share trading and private client businesses of the Standard Bank group will remain separate from the proposed joint venture but will benefit from the resources and products of the proposed joint venture. The proposed joint venture will be subject, inter alia, to the approval of all applicable regulatory authorities.

22 Mar 2006 09:00:25
(Official Notice)
The Standard Bank of South Africa Ltd ("SBSA") has mandated Standard Bank Corporate and Investment Banking and Deutsche Bank to lead manage a Tier II capital bond issue. A roadshow to assess investor demand for this bond issue commences today. This bond issue aims to maintain SBSA's level of capital adequacy at prudent levels considering current robust growth in assets. Application will be made to list the bond on the Bond Exchange of South Africa.
09 Mar 2006 09:35:07
(C)
21 Feb 2006 15:38:11
(Official Notice)
Standard Bank's results for the year ended 31 December 2005 would be released on 9 March 2006. In terms of International Financial Reporting Standards (IFRS), Standard Bank and Liberty Holdings shares held by Liberty Life on behalf of policyholders are deemed to be treasury shares. Accordingly, any fair value adjustments on these shares are eliminated from the group's income statement without a corresponding elimination in policyholder liabilities, resulting in a mismatch in the group's income statement. The weighted average number of Standard Bank shares in issue is reduced by approximately 50 million shares for the period under review. As reported in 2004, shares held by the participants in the group's Black Ownership Initiative are also deemed treasury shares, which further reduces the weighted average number of shares in issue by approximately 100 million shares. The adjustments required to arrive at normalised headline earnings per share reverse these IFRS consequences and ensure the results reflect the legal and economic substance of the Black Ownership Initiative concluded in October 2004 and, from 2005, group shares held for the risk and reward of Liberty policyholders.
01 Feb 2006 13:58:19
(Official Notice)
Standard Bank has appointed Sir Sam Jonah to the boards of Standard Bank Group and The Standard Bank of South Africa Ltd with immediate effect. Sir Sam has an associateship in Mining Engineering from the Camborne School of Mines in Cornwall, England and an MSc in Mine Management from the Imperial College of Science and Technology in London. He was awarded an honorary Doctor of Science (D.Sc) degree awarded jointly by the Camborne School of Mines and the University of Exeter (UK). He has received many awards and honours. He currently serves on the International Investment advisory councils of President Thabo Mbeki (South Africa), President Kufuor (Ghana) and President Obasanjo (Nigeria). His other directorships include Anglogold Ashanti Ltd (where he was previously Executive President), Anglo American Corporation of South Africa, Anglo American Platinum Corporation, Transnet and various other resource companies.
19 Jan 2006 09:27:09
(Official Notice)
On 15 July 2004, Standard Bank announced a transaction involving the acquisition of an effective 10% interest in its South African banking operations by a broad-based grouping of black entities. The black ownership initiative was approved by the ordinary shareholders of Standard Bank in the general meeting on 13 September 2004 and implemented on 4 October 2004. While the strategic partners and the black employees received the participation rights in the entities that own the Standard Bank ordinary shares immediately following the black ownership initiative becoming unconditional, the participation rights relating to the Standard Bank ordinary shares due to the regional business and community groupings were retained in the Tutuwa Community Trust as such beneficiary groupings had not yet been identified.

Standard Bank is currently in the process of identifying and selecting the regional business and community groupings that would be the beneficiaries of the 20.1 million Standard Bank ordinary shares owned by the Tutuwa Community Trust. A decision was made to allocate the participation rights in the Tutuwa Community Trust as follows:

*50% to regional businesses that are owned and controlled by black people operating in the small and medium sized enterprises sector; and

*50% to community development groupings whose activities benefit black people.



Indicative value and terms of the preference shares

The 20.1 million Standard Bank ordinary shares effectively held by Tutuwa Community Trust were valued at approximately R1.52 billion based on the closing share price of Standard Bank on the JSE on 31 December 2005 of R75.81. CommCo received preference funding of approximately R814 million from Standard Bank to acquire the 20.1 million Standard Bank ordinary shares at a price of R40.50 per share and has a preference share obligation of approximately R814 million to Standard Bank. The value of the effective interest owned by Tutuwa Community Trust is estimated at approximately R710 million. The term of the preference shares is 20 years. All dividends paid to CommCo in respect of the Standard Bank ordinary shares it holds, less the costs necessary for the administrative functions of the Tutuwa Community Trust, would be used to pay the preference dividend and to redeem the preference shares.
13 Dec 2005 16:14:37
(Official Notice)
Shareholders of Standard Bank are referred to the Liberty Life announcement made on 13 December 05 relating to the statements issued by the Ministry of Finance concerning minimum standards in respect of values for savings products (Retirement Annuities, Endowments and other savings products).



Liberty Life stated that it has been advising all its stakeholders on an on- going basis that a resolution was anticipated that may result in a once off reduction in the group's embedded value. Until now it has been impossible to determine what the cost of the resolution would be, as many plausible scenarios existed. As a general understanding has now been reached with the Ministry of Finance regarding the scope and level of the resolution, it is likely that Liberty Life will make a provision in the 2005 year end financial statements for this cost, should a final resolution be reached. The resolution is subject to finalisation of new commission regulations along the lines of the LOA's proposals, approval by Liberty Life's board of directors and the fulfilment of certain other conditions precedent.



Standard Bank is an approximately 30% effective shareholder of Liberty Life, and consequently, based on the Liberty Life estimations, its share of the reduction in Liberty Life's BEE normalised embedded value will be in the range of R165 million - R180 million post tax. The extent to which the adjustment to embedded value will impact the normalised net asset value and normalised headline earnings of the group will only be resolved as part of the group's 2005 year end process.
07 Nov 2005 11:40:24
(Media Comment)
Standard Bank had confirmed that it was negotiating to buy a minority stake in Nigeria's Oceanic Bank International. In order to comply with new capital requirements that would come into force in Nigeria on December 05, the deal could see Oceanic taking over Stanbic, Standard Bank's Nigerian unit. According to Business Day, the transaction would be contingent on the approval by the South African Reserve Bank as well as Nigeria's central bank.
25 Oct 2005 12:26:16
(Media Comment)
Standard Bank had launched a R4.5 billion home-loan securitisation issue known as Blue Granite Investments No1. Mike Brunke, manager of securitisation, told Business Day that the bonds would be issued at a weighted average spread of Jibar plus 0.36%. Fitch and Moody had assigned ratings to the bond of respectively AAA and Aaa.

10 Oct 2005 08:23:02
(Official Notice)
On 01 December 2000 Standard Bank issued R1.5 billion subordinated callable bonds qualifying as secondary capital ("SBK2"). These bonds are subject to terms and conditions as set out in the offering circular dated 28 November 2000. In terms of the Offering Circular, the stated maturity of the bonds is 2 December 2010. The SBK2 bonds are however redeemable at the option of SBSA on 2 December 2005, subject to the prior written approval of the Registrar of Banks. Pursuant to condition 6.2 of the terms and conditions of the SBK2 bonds set out in the Offering Circular and having obtained the requisite prior written approval from the Registrar of Banks, SBSA will redeem the R1.5 billion SBK2 bonds on 2 December 2005 at face value together with any interest accrued to that date.
03 Oct 2005 16:25:57
(Media Comment)
Standard Bank had applied to the competition commission to approve the merger between the bank's global markets division and Andisa Securities. Business Report noted that this decision was largely based on expectations that growth in the local banking market had subsided, and that acquisitions in Africa and offshore markets made business sense.

09 Sep 2005 11:31:41
(Media Comment)
Standard Bank is looking at the possibility of buying a stake in the National Bank of Kenia in order to expand their consumer base in the east.

26 Aug 2005 11:02:52
(Media Comment)
Standard Bank told Business Report on 25 August 05 that it secured a USD400 million loan to refinance debt at the group`s UK investment banking division. The loan was financed through 35 banks.
23 Aug 2005 10:06:08
(2)
Edcon, in a joint venture with Standard Bank, will issue master cards to qualifying Edcon clients. The credit card would be the first with no annual fees. Ian Wood, Edcon`s Financial Services Executive, told Sunday Times, `We are pleased to be able to extend our service offering to our customers with a strong record of managing their finances, but who currently have not obtained a credit card through normal banking channels,`
17 Aug 2005 09:35:58
(C)
05 Aug 2005 09:23:59
(Official Notice)
Standard Bank`s interim results for the six months ended 30 June 2005 will be released on 17 August 2005 and will be presented in compliance with International Financial Reporting Standards (IFRS) for the first time. As reported at the company`s Annual General Meeting on 25 May 2005, Domestic Banking is enjoying strong retail asset growth and lower than expected credit losses. Africa`s earnings continue to grow satisfactorily while International has been negatively affected by pricing and margin pressure in most of its businesses. In a trading update issued on 21 July 2005, Liberty Life reported, inter alia, satisfactory investment returns, good operational performance and the inclusion for the first time of earnings generated by Capital Alliance. These are all expected to add to an increased contribution from Liberty Life. Taking these factors into account, indications are that growth in normalised headline earnings per share for the six months to 30 June 2005 is likely to range between 15% and 25%. Growth in earnings per share and headline earnings per share before normalised adjustments is likely to be range between 25% and 35%. Normalised adjustments account for the legal substance of the Black Ownership Initiative concluded in October 2004 and, from 2005, the legal substance of group shares held for the risk and reward of Liberty policyholders. In terms of IFRS, Standard Bank and Liberty Holdings shares held by Liberty Life on behalf of policyholders are deemed to be treasury shares and the investment in these shares is accordingly set off against equity in the group`s financial statements. The weighted average number of Standard Bank shares in issue is therefore reduced by approximately 50 million shares for the period under review. As reported in 2004, shares held by the participants in the group`s Black Ownership Initiative are also treated as treasury shares, which further reduces the weighted average number of shares in issue by approximately 100 million shares. The reinstatement of these shares is the main reason for the difference in the above mentioned earnings per share growth rates. The impact of IFRS on the group will be dealt with comprehensively in the interim results announcement.

04 Aug 2005 18:02:42
(Official Notice)
The Standard Bank of South Africa Ltd (`SBSA`) SBSA announces the resignation of Mr M J D Ruck (chief executive, Liberty Life) and the appointment of Mr S P Ridley (chief financial officer) to the board of The Standard Bank of South Africa Ltd. Mr Ruck remains an executive director of Standard Bank Group Ltd and a member of the Standard Bank Group Executive Committee. These changes will be effective from 5 August 2005.

12-Jul-2017
(X)
Standard Bank Group Ltd. is the ultimate holding company for the group?s interests and is a leading African financial services group with South African roots. The group is South Africa?s largest banking group by assets and currently operates in 20 countries in sub-Saharan Africa. Our strategic position enables us to connect Africa to other selected emerging markets and pools of capital in developed markets.


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