STANDARD BANK GROUP LIMITED - Financial Information Provided to Industrial and Commercial Bank of China Limited

Financial Information Provided to Industrial and Commercial Bank of China Limited

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
SBKP ZAE000038881 (First preference shares)
SBPP ZAE000056339 (Second preference shares)
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”)


Financial Information Provided to Industrial and Commercial Bank of China Limited
("ICBC")


Standard Bank Group is required to disclose to ICBC sufficient information to enable ICBC to
equity account the group's results on a quarterly basis. 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 2014.


Statement of changes in ordinary shareholders' equity for the three months ended 31
March 2014


                                                Earnings
                             Balance at                               Other      Balance at
                                             attributable
                             1 January                         movements          31 March
                                              to ordinary
                                  2014                       for the period           2014
    Rm                                      shareholders
    Ordinary share
    capital                         162                                                  162
    Ordinary share
    premium                      17 964                                   35           17 999
    Foreign currency
    reserves                      6 810                                 (89)            6 721
    Translation
    reserve                       6 274                             ** (177)            6 097
    Cash flow hedging
    reserve                         536                                   88             624
    Retained earnings           103 162             4 133          * (4 946)          102 349
     Empowerment
     reserve and
     treasury shares            (2 131)                                 95          (2 036)
     Other
                                  2 969                                398            3 367
     Total ordinary
     shareholders'
     equity                    128 936             4 133            (4 507)        128 562

*        Primarily comprises the ordinary dividends declared 6 March 2014.
**       The change in translation reserve principally arises from the translation impact on
         the group’s foreign net asset value of the weakening of several other African
         currencies against the ZAR since 31 December 2013.


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


Johannesburg
24 April 2014


Lead sponsor
The Standard Bank of South Africa Limited


Independent Sponsor
Deutsche Securities (SA) Proprietary Limited

Date: 24/04/2014 08:00:00 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.