Standard Bank Group Limited - Directors Dealing In Securities

Standard Bank Group Limited - Directors Dealing In Securities                   
Standard Bank Group Limited                                                     
Incorporated in the Republic of South Africa)                                   
(Registration number 1969/017128/06)                                            
Share code: SBK                                                                 
Namibian Share Code: SNB                                                        
ISIN: ZAE000038873                                                              
("Standard Bank Group")                                                         
DIRECTORS DEALING IN SECURITIES                                                 
In compliance with rule 3.72 of the JSE Listing Requirements, the following     
information is disclosed:                                                       
Director:                Mr. M J D Ruck                                         
Date of Transaction:     03 and 04 April 2003                                   
Nature of transaction:   Mr. Ruck has taken delivery, of 260 000 ordinary shares
                         allocated to him in terms of the Standard Bank Group   
Share Incentive Scheme, of which 30 000 were allocated 

                         to him on 05-09-1994 at R10.80, 50 00 were allocated to
                         him on 04-09-1995 at R12.50, 30 000 were allocated to  
                         him on 31-08-1998 at R13.50 and 150 000 were allocated 
to him on 30-11-1998 at R14.15                         

Extent of interest:      Direct beneficial                                      
Director:                Mr. M J D Ruck                                         
Date of Transaction:     04 April 2003                                          
Nature of transaction:   Mr. Ruck has sold 180 000 ordinary shares              
                         at a price of R28.26.                                  
Extent of interest:      Direct beneficial