STANDARD BANK GROUP LIMITED - Completion of transaction relating to RCS - SBK/SNB/TFG

Completion of transaction relating to RCS - SBK/SNB/TFG

The Foschini Group Limited                                         Standard Bank Group Limited
(Incorporated in the Republic of South Africa)     (Incorporated in the Republic of South Africa)
(Registration number: 1937/009504/06                      (Registration number 1969/017128/06)
Share codes: TFG                                                South African Share Code: SBK
ISIN codes: ZAE000148466                                                    ISIN: ZAE000109815
("TFG”)                                                              Namibian Share Code: SNB
                                                                           ISIN: ZAE000109815
                                                                        ("Standard Bank Group")

                   COMPLETION OF TRANSACTION RELATING TO RCS

Shareholders of TFG and Standard Bank Group (“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 Limited, a wholly owned subsidiary of Standard Bank Group, RCS
Investment Holdings Limited (“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 the Securities Exchange News Service of the JSE Limited today.


6 August 2014

Joint Investment Banks to            Legal advisor to TFG             Transaction Sponsor for
TFG and                               and Standard Bank                  Standard Bank Group
Standard Bank Group                         Group
                                                                    The Standard Bank of South
Investec Bank Limited and The              ENS Africa                            Africa Limited
Standard Bank of South Africa
Limited

Sponsor to TFG                                                       Independent sponsor for
                                                                       Standard Bank Group

UBS South Africa Proprietary                                           Deutsche Securities (SA)
Limited                                                                     Proprietary Limited

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