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     Exercise   Ratio    Style    Exercise   JSE Codes
Instrument           size      Price                       Date                 
ISPAT ISCOR LIMITED  100       R 62.00   20       American  12-Aug-05  IISSBA   
                     MILLION                      Call                          
The JSE Securities Exchange SA Listings Division  has approved the listing of   
the abovementioned warrants and trading will commence on 14 February 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: 11/02/2005 04:43:02 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department