STANDARD BANK GROUP LIMITED - AMENDMENT TO RESULTS OF: THE OFFER FOR

STANDARD BANK GROUP LIMITED - AMENDMENT TO RESULTS OF: THE OFFER FOR            
SUBSCRIPTION AND THE PRIVATE PLACEMENT                                          
STANDARD BANK GROUP LIMITED                                                     
(Incorporated in the Republic of South Africa)                                  
(Registration number 1969/017128/06)                                            
Share code: SBPP                                                                
ISIN: ZAE000056339                                                              
("Standard Bank Group" or "the Company")                                        
AMENDMENT TO RESULTS OF:                                                        
* the offer for subscription of 5 000 000 non-redeemable, non-cumulative, non-  
participating preference shares with a par value of R0,01 each ("preference     
shares") at a subscription price of R100 per preference share ("offer for       
subscription");                                                                 
and                                                                             
* a private placement of 20 000 000 preference shares ("private placement").    
It should be noted that Elisabeth Bradley, in her capacity as a trustee of a    
testamentary trust, has an indirect non-beneficial interest in 25 000 preference
shares with an aggregate value of R2 500 000 in the private placement and not   
250 000 preference shares with an aggregate value of R25 000 000 as             
previously stated.                                                              
Johannesburg                                                                    
6 July 2004                                                                     
Investment bank and joint sponsor                                               
Standard Bank                                                                
Legal adviser                                                                   
   Bowman Gilfillan Attorneys                                                   
Joint auditors                                                                  
KPMG                                                                      
PriceWaterhouseCoopers                                                          
Independent lead sponsor                                                        
   Deutsche Securities                                                          
Date: 06/07/2004 10:41:19 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department