STANDARD BANK GROUP LIMITED - Financial information provided to The Industrial and Commercial Bank of China Limited (ICBC)

Financial information provided to The Industrial and Commercial Bank of China Limited (“ICBC”)

Standard Bank Group Limited
Registration No. 1969/017128/06
Incorporated in the Republic of South Africa
JSE share code: SBK
ISIN: ZAE000109815
NSX share code: SNB
NSX share code: SNB ZAE000109815
(“Standard Bank Group” or “the group”)

Financial information provided to The Industrial and Commercial Bank of China Limited (“ICBC”)

On a quarterly basis the Standard Bank Group discloses to ICBC sufficient information to enable ICBC to equity
account the group's results. Accordingly, the following consolidated financial information, prepared on an
International Financial Reporting Standards basis, is being provided to ICBC for the three months ended
31 March 2016.

Statement of changes in ordinary shareholders' equity for the three months ended 31 March 2016



                                                                 Earnings
                                        Balance at         attributable to   Other movements             Balance at
                                    1 January 2016               ordinary        for the period      31 March 2016
                                                            shareholders
       Rm

       Ordinary share capital                  162                                                             162

       Ordinary share
                                            17 784                                            6             17 790
       premium

       Foreign currency and
                                             9 099                                      (3 513)              5 586
       hedging reserves

                                                                                                 1
       Translation reserve                  10 223                                     (3 396)               6 827

       Foreign currency net
       investment and cash                  (1 124)                                       (117)             (1 241)
       flow hedging reserve

                                                                                                 2
       Retained earnings                   122 129                 5 356               (5 506)             121 979

       Empowerment reserve
                                            (1 072)                                        (63)             (1 135)
       and treasury shares

       Other                                 2 967                                         240               3 207

       Total ordinary
                                           151 069                 5 356                (8 836)            147 589
       shareholders' equity

1
    The decrease in the foreign currency translation reserve (“FCTR”) is largely as a result of the strengthening of
    the Rand against the USD and other major African currencies since December 2015. The relevant exchange
    rates were R14.71/USD at 31 March 2016 compared to R15.50/USD at 31 December 2015.
2
    Primarily comprises the ordinary dividend declared of 371 cents per share in March 2016.


The information contained in this announcement has not been reviewed and reported on by the group's auditors.

Johannesburg
20 April 2016

Lead sponsor
The Standard Bank of South Africa Limited

Independent sponsor
Deutsche Securities (SA) Proprietary Limited

Namibian sponsor
Simonis Storm Securities (Proprietary) Limited

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