SBK - Standard Bank Group - Basel II Capital Adequacy Disclosure As At

SBK - Standard Bank Group - Basel II Capital Adequacy Disclosure As At          
30 September 2009                                                               
Standard Bank Group Limited                                                     
(Incorporated in the Republic of South Africa)                                  
(Registration number 1969/017128/06)                                            
South African Share Code: SBK                                                   
Namibian Share Code: SNB                                                        
ISIN: ZAE000109815                                                              
("Standard Bank Group" or "the group")                                          
STANDARD BANK GROUP - BASEL II CAPITAL ADEQUACY DISCLOSURE AS AT 30 SEPTEMBER   
2009                                                                            
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.                                                              
STANDARD BANK GROUP                                                             
Standard Bank Group remained well capitalised as at 30 September 2009 with a    
total capital adequacy of 14.4% and Tier 1 capital adequacy of 11.9%,           
significantly exceeding minimum regulatory requirements.                        
                                                        September       June    
                                                             2009       2009    
                                                               Rm         Rm    
Ordinary share capital and premium                          17 149     17 100   
Ordinary shareholders` reserves (note)                      62 847     63 070   
Minority interest                                           3  741      3 958   
Regulatory deductions against primary capital             (16 414)   (15 079)   
Regulatory exclusions from primary capital:                                     
    Foreign currency translation reserve                        -       (10)    
    Other                                                 (3 249)    (3 381)    
Preference share capital and premium                         5 495      5 495   
Primary capital                                             69 569     71 153   
Subordinated debt                                           16 656     17 067   
Secondary unimpaired reserve funds                           1 215        832   
Regulatory deductions against secondary capital            (5 754)    (5 866)   
Secondary capital                                           12 117     12 033   
Tertiary capital - Subordinated debt                         2 045      2 040   
Total qualifying capital                                    83 731     85 226   
Total minimum regulatory capital requirement                56 842     57 711   
Total capital adequacy ratio (%)                              14.4       14.4   
Primary capital adequacy ratio (%)                            11.9       12.0   
Note:                                                                           
Ordinary shareholders` reserves include unappropriated profits net of dividends 
paid during the period.                                                         
STANDARD BANK OF SOUTH AFRICA (the company)                                     
Standard Bank of South Africa remained well capitalised as at 30 September 2009 
with a total capital adequacy of 13.6% and Tier 1 capital adequacy of 10.2%,    
significantly exceeding minimum regulatory requirements.                        
                                                         September     June     
                                                              2009     2009     
                                                                Rm       Rm     
Primary capital  (note)                                      36 499   36 352    
Secondary capital                                            11 671   11 640    
Tertiary capital - Subordinated debt                            300      300    
Total qualifying capital                                     48 470   48 292    
Total minimum regulatory capital requirement                 34 872   35 721    
Total capital adequacy ratio (%)                               13.6     13.2    
Primary capital adequacy ratio (%)                             10.2      9.9    
Note:                                                                           
Primary capital includes unappropriated profits net of dividends paid during the
period.                                                                         
The information contained in this announcement has not been reviewed by or      
reported on by Standard Bank Group`s external auditors.                         
Johannesburg                                                                    
10 November 2009                                                                
Sponsor                                                                         
Standard Bank                                                                   
Independent sponsor                                                             
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 10/11/2009 17:05:02 Supplied by www.sharenet.co.za                     
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