STANDARD BANK INVESTMENT CORP. LTD. - DECLARATION OF DIVIDEND NO. 61

STANDARD BANK INVESTMENT CORPORATION LIMITED
(REGISTRATION NO. 1969/017128/06)
6,5% FIRST CUMULATIVE PREFERENCE SHARES
DECLARATION OF DIVIDEND NO. 61

NOTICE IS HEREBY GIVEN THAT PREFERENCE DIVIDEND NO. 61 OF 3,25 CENTS PER SHARE
HAS BEEN DECLARED FOR THE SIX MONTHS ENDED 31 DECEMBER 1999 PAYABLE ON 20 APRIL
2000 TO SHAREHOLDERS OF THE 6,5 PERCENT FIRST CUMULATIVE PREFERENCE SHARES
REGISTERED IN THE BOOKS OF THE COMPANY AT THE CLOSE OF BUSINESS ON 31 MARCH
2000.

DIVIDENDS WILL, WHERE APPLICABLE, BE ELECTRONICALLY TRANSFERRED TO

SHAREHOLDERS' BANK ACCOUNT.  IN THE ABSENCE OF SUITABLE MANDATES, DIVIDEND
CHEQUES WILL BE POSTED.

                                         BY ORDER OF THE BOARD
                                         K D CURR

                                         GROUP SECRETARY

                                         15 MARCH 2000

SHARE TRANSFER SECRETARIES               REGISTERED OFFICE
MERCANTILE REGISTRARS LIMITED            9TH FLOOR

7TH FLOOR 11 DIAGONAL STREET             STANDARD BANK CENTRE

JOHANNESBURG                             5 SIMMONDS STREET

2001                                     JOHANNESBURG 2001

PO BOX 1053                              PO BOX 7725

JOHANNESBURG 2000                        JOHANNESBURG 2000