THE STANDARD BANK OF SOUTH AFRICA LIMITED - The Standard Bank of South Africa Limited - First Redemption - RLN010.

The Standard Bank of South Africa Limited - First Redemption - RLN010.

The Standard Bank of South Africa Limited
Corporate Action Announcement - “RLN010”

Stock Code: RLN010
ISIN Code: ZAE000315685

The First Interim Period in respect of the RLN010 Notes ends on
23 October 2023. Due to the 5-day settlement period between the
Trade Date and the Issue Date, the First Interim Redemption
Amount           will            be           paid           on
30 October 2023 applying the same 5-day settlement period
between the First Interim Period End Date, that is 23 October
2023, and the Payment Date of the First Interim Redemption
Amount, that is 30 October 2023.

On 30 October 2023, Standard Bank will pay ZAR605.00 per Note
(“the First Interim Payment Amount”) to the holders of RLN010
Notes. Since the First Interim Payment Amount includes repayment
of 50% of the capital of the initial purchase price of the Notes,
the Issuer will on 30 October 2023 reduce the base costs of the
Notes (that is the specified denomination of the Notes) to
ZAR 500.00 per Note to account for the reduction in the initial
capital used to purchase the Notes.

First Interim Period
Payment Date                                     30 October 2023

First Interim Payment Amount per Note:           ZAR 605.00

Capital Redemption amount (ZAR500.00 Per Note)   ZAR 500.00

Interest Earned (21% Return on the Capital
Redemption amount) (ZAR105.00 Per Note)          ZAR 105.00

Last Day to Trade:                               20 October 2023

Ex-date                                          23 October 2023

Record Date:                                     25 October 2023

Payment Date:                                    30 October 2023


Dated: 19 September 2023
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: 19-09-2023 05:05:00
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