The Standard Bank Of South Africa Limited - Issue Of Stock Warrants

The Standard Bank Of South Africa Limited - Issue Of Stock Warrants             
THE STANDARD BANK OF SOUTH AFRICA LIMITED                                       
ISSUE OF STOCK WARRANTS                                                         
Underlying Instrument   Issue    Strike    Ratio    Style     Exercise  JSE     
                        Size     Price                        Date      Codes   
ISCOR LTD               100      R 42.00  15        American  12-Oct-04 ISCSBD  
                        MILLION                     Call                        
The Listings Division of The JSE Securities Exchange South Africa ("JSE") has   
approved the listing of the abovementioned warrants and trading will commence on
10 March 2004                                                                   
All members of the JSE may participate in trading which will occur according to 
normal JSE Rules. Settlement will be effected electronically through STRATE.    
Copies of the warrant program and pricing supplement are available at the       
address stated below.                                                           
3 Simmonds Street                                                               
Johannesburg                                                                    
2001                                                                            
For further information                                                         
contact :                                                                       
Standard Bank Warrants                                                          
Tel 0800 111 780                                                                
Internet :                                                                      
www.warrants.co.za                                                              
Sponsor                                                                         
Standard Corporate and                                                          
Merchant Bank                                                                   
(A division of The                                                              
Standard Bank of South                                                          
Africa Limited)                                                                 
(Registration number                                                            
1962/000738/06)                                                                 
Date: 09/03/2004 03:37:12 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department