THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN585?

New Financial Instrument Listing Announcement - “CLN585”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN585”

Stock Code: CLN585
ISIN Code: ZAG000159948

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN585 Senior Unsecured Floating Rate
Credit Linked Notes due 31 May 2024 - sponsored by The Standard
Bank of South Africa Limited (acting through its Corporate and
Investment Banking Division), under its Structured Note
Programme.

Authorised Programme size           ZAR60,000,000,000
Total notes issued
(including current issue)           ZAR36,533,108,202.43

Full Note details are as follows:

Issue Date:                         31 May 2019
Nominal Issued:                     ZAR500,000,000

Coupon Rate:                        In respect of each Interest
                                    Period       from,       and
                                    including:(i) the Issue Date
                                    up    to,   but   excluding,
                                    31 May 2022:     three-month
                                    ZAR-JIBAR-SAFEX plus 1.60%;
                                    (ii) 31 May 2022 up to, but
                                    excluding,   the   Scheduled
                                    Maturity Date: three-month
                                    ZAR-JIBAR-SAFEX plus 1.975%,
                                    per the Applicable Pricing
                                    Supplement
Coupon Indicator:                   Floating
Interest Determination Dates:       Each 28 February, 31 May,
                                    31 August and 30 November of
                                    each year commencing on the
                                    Interest Commencement Date
                                    until the Maturity Date
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      31 May 2024
Interest Commencement Date:         Issue Date
First Interest Payment Date:        31 August 2019
Interest Payment Dates:             Each 28 February, 31 May,
                                    31 August and 30 November of
                                    each year until the Maturity
                                    Date
Business Day Count/Convention:     Actual/365     (Fixed)    and
                                   Following Business Day
Books Close:                       Each 18 February, 21 May,
                                   21 August and 20 November,
                                   of each year, until the
                                   applicable Interest Payment
                                   Date
Last day to register:              17h00    on    17   February,
                                   20 May,     20   August   and
                                   19 November of each year, or
                                   if such day is not a Business
                                   Day, the Business Day before
                                   each books closed period
Placement Agent:                   The Standard Bank of South
                                   Africa Limited
Debt Security subject
to guarantee; security
or credit enhancement:             Not Applicable

Additional Terms and Conditions: Investors should study the
Pricing Supplement for full details of the specific terms and
conditions applicable to this specific issuance.

Notes will be deposited in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.

Dated 30 May 2019
Sponsor – The Standard Bank of South Africa Limited
For further information on the Notes issued please contact:
Johann Erasmus           SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za

Date: 30/05/2019 10:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.