STANDARD BANK GROUP LIMITED - Basel III capital adequacy disclosure at 30 September 2013

Basel III capital adequacy disclosure at 30 September 2013

Standard Bank Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1969/017128/06)
South African Share Code: SBK
ISIN: ZAE000109815
SBKP ZAE000038881 (First preference shares)
SBPP ZAE000056339 (Second preference shares)
Namibian Share Code: SNB
ISIN: ZAE000109815
JSE bond codes: SBS, SBK, SBN, SBR, ETN series SSN series and CLN series (all JSE listed
bonds issued in terms of The Standard Bank of South Africa Limited’s Domestic Medium Term
Note Programme and Credit Linked Note Programme)
("Standard Bank Group" or "the group")



Basel III capital adequacy disclosure at 30 September 2013

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)


SBG remained well capitalised as at 30 September 2013 under Basel III rules with a total capital adequacy
of 16.0% and tier I capital adequacy of 12.9%, exceeding minimum regulatory requirements.

                                                                 September
                                                                        2013
                                                                         Rm
Ordinary share capital and premium                                    18 243
                                   1
Ordinary shareholders' reserves                                     105 047
Qualifying common equity tier I non-controlling interest               3 604
Regulatory deductions against common equity tier I
                                                                    (25 073)
capital
Common equity tier 1 capital                                         101 821
Unappropriated Profit                                                (6 318)

Common equity tier 1 capital excluding unappropriated
                                                                      95 503
profit
Perpetual preference shares                                            4 945
Qualifying tier I non-controlling interest                                44

Tier I capital excluding unappropriated profit                       100 492

Tier II subordinated debt                                             24 351
General allowance for credit impairments                                 753

Tier II capital                                                        25 104

Total qualifying capital excluding unappropriated profit              125 596

Total minimum regulatory capital requirement2                          78 556
Credit Risk                                                            51 009
Counterparty credit risk                                                4 724
Equity Risk                                                             1 315
Market Risk                                                             5 943
Operational Risk                                                       10 437
Other risk                                                              5 128

Capital Adequacy Ratio (excl unappropriated profit)
Total capital adequacy ratio (%)                                         15.2
Tier I capital adequacy ratio (%)                                        12.2

Capital Adequacy Ratio (incl unappropriated profit)
Total capital adequacy ratio (%)                                          16.0
Tier I capital adequacy ratio (%)                                          12.9

Note:

1
    Ordinary shareholders' reserves include
unappropriated profits.
2
    Total minimum capital requirement calculated at 9.5% is comprised of Pillar 1 at 8% and Pillar 2a at 1.5%
and excludes bank specific add-ons.



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

SBSA remained well capitalised as at 30 September 2013 with a total capital adequacy of 15.6% and tier I
capital adequacy of 11.8%, exceeding minimum regulatory requirements.

                                                                  September
                                                                        2013
                                                                         Rm

Tier I capital1                                                       54 289
Tier II capital                                                       18 352

Total qualifying capital                                              72 641

Unappropriated Profit                                                  4 097

Total minimum regulatory capital requirement2                         46 859
Credit Risk                                                           35 302
Counterparty credit risk                                               1 361
Equity Risk                                                            1 057
Market Risk                                                            1 624
Operational Risk                                                       5 861
Other risk                                                             1 654

Capital Adequacy Ratio (excl unappropriated profit)
Total capital adequacy ratio (%)                                        14.7
Tier I capital adequacy ratio (%)                                       11.0

Capital Adequacy Ratio (incl unappropriated profit)
Total capital adequacy ratio (%)                                        15.6
Tier I capital adequacy ratio (%)                                       11.8
Note:

1
    Tier I capital excludes unappropriated profits.
2
    Total minimum capital requirement calculated at 9.5% is comprised of Pillar 1 at 8% and Pillar 2a at 1.5%
and excludes bank specific add-ons.



The information contained in this announcement has not been reviewed by or reported on by Standard Bank
Group's external auditors.

Johannesburg
19 November 2013

Lead sponsor
The Standard Bank of South Africa Limited

Independent sponsor
Deutsche Securities (SA) Proprietary Limited

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