STANDARD BANK GROUP LIMITED - DIRECTORS DEALINGS IN SECURITIES

STANDARD BANK GROUP LIMITED - DIRECTORS DEALINGS IN SECURITIES                  
Standard Bank Group Limited                                                     
Incorporated in the Republic of South Africa                                    
Registration number 1969/017128/06                                              
JSE Share code: SBK                                                             
Namibian Share Code: SNB                                                        
ISIN: ZAE000057378                                                              
("Standard Bank Group")                                                         
DIRECTORS DEALINGS IN SECURITIES                                                
In compliance with rule 3.63 to 3.74 of the JSE Listings Requirements, the      
following information is disclosed:                                             
Director:                     Mr. J H Maree                                     
Date of Transaction:          9 to 11 November 2004                             
Nature of transaction:        Mr. Maree has taken delivery of 440 000 ordinary  
                              shares allocated to him in terms of the Standard  
Bank Group Share Incentive                        

                              Scheme, the details of which are as               
                              follows:                                          
                              50 000 allocated on 01-09-1997 at R20.50          
40 000 allocated on 31-08-1998 at R13.50          

                              100 000 allocated on 14-04-1999 at R17.15         
                              250 000 allocated on 08-09-1999 at R18.00         
Value of this transaction:    R7 780 000                                        
Extent of interest:           Direct beneficial                                 
Clearance to deal:            Yes                                               
Director:                     Mr. J H Maree                                     
Date of Transaction:          9 to 11 November 2004                             
Nature of transaction:        Mr. Maree has sold 400 000 ordinary               
                              Shares, the details of which are as               
                              follows:                                          
                              80 000 sold on 09-11-2004 at a price of           
R59.00 per share                                  

                              170 000 sold on 10-11-2004 at a price             
                              of R58.63 per share                               
                              150 000 sold on 11-11-2004 at a price             
of R57.63 per share                               

Value of this transaction:    R23 331 600                                       
Extent of interest:           Direct beneficial                                 
Clearance to deal:            Yes                                               
Sponsor                                                                         
Standard Bank                                                                   
Date: 11/11/2004 01:50:58 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department