THE STANDARD BANK OF SOUTH AFRICA LIMITED - ISSUE OF WARRANTS

THE STANDARD BANK OF SOUTH AFRICA LIMITED - ISSUE OF WARRANTS                   
THE STANDARD BANK OF SOUTH AFRICA LIMITED                                       
ISSUE OF WARRANTS                                                               
Underlying     Issue size   Exercise   Ratio  Style     Exercise  JSE           
Instrument                  Price                      Date      Codes          
ANGLOGOLD      100 MILLION  R 225.00   60     American  12-Aug-05 ANGSBK        
LIMITED                                     Call                                
DIMENSION DATA 100 MILLION  R 4.75     2      American  14-Jul-05 DDTSBF        
HOLDINGS PLC                                Call                                
HARMONY GOLD   100 MILLION  R 60.00    25     American  14-Jul-05 HARSBB        
MINING COMPANY                              Call                                
LIMITED                                                                         
NASPERS        100 MILLION  R 80.00    15     American  12-Aug-05 NPNSBB        
LIMITED                                     Call                                
RICHEMONT      100 MILLION  R 21.00    5      American  12-Aug-05 RCHSBG        
SECURITIES AG                               Call                                
SASOL LIMITED  100 MILLION  R130.00    30     American  14-Jul-05 SOLSBL        
                                            Call                                
TELKOM GROUP   100 MILLION  R 105.00   25     American  14-Jul-05 TKGSBH        
LIMITED                                     Call                                
The JSE Securities Exchange SA Listings Division  has approved the listing of   
the abovementioned warrants and trading will commence on 13 January 2005.       
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       
offices stated below.                                                           
Copies of the Offering Circular may be obtained from:                           
The Standard Bank Of South Africa Limited.                                      
(Registration Number 1962/000738/06)                                            
3 Simmonds Street                                                               
Johannesburg                                                                    
2001                                                                            
For further information contact :                                               
Standard Bank Warrants                                                          
Tel 0800 111 780                                                                
Contact us : derivatives@standardbank.co.za                                     
Sponsor : Standard Bank                                                         
Date: 12/01/2005 04:27:04 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department