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

The Standard Bank Of South Africa Limited - Issue Of Equity Warrants            
The Standard Bank Of South Africa Limited                                       
Issue Of Equity Warrants                                                        
Underlying        Issue size   Exercise     Ratio   Warrant    Exercise  JSE    
Instrument                    Price               Style      Date      Codes    
ANGLO AMERICAN    20 MILLION   R 140.00     40      American   14-Nov-05 AGLSBO 
PLC                                               Call                          
ANGLOGOLD LIMITED 20 MILLION   R 215.00     60      American   14-Nov-05 ANGSBL 
                                                  Call                          
BHP BILLITON PLC  20 MILLION   R 80.00      20      American   14-Nov-05 BILSBI 
                                                  Call                          
FIRSTRAND LIMITED 20 MILLION   R12.75       3       European   14-Nov-05 FSRSBS 
                                                  Put                           
HARMONY GOLD      20 MILLION   R 42.00      15      American   14-Nov-05 HARSBD 
MINING COMPANY                                    Call                          
LIMITED                                                                         
MITTAL STEEL      20 MILLION   R 57.50      15      American   14-Nov-05 MLASBA 
LIMITED                                           Call                          
RICHEMONT         20 MILLION   R20.00       4       American   14-Nov-05 RCHSBH 
SECURITIES AG                                     Call                          
SAB MILLER PLC    20 MILLION   R 96.00      20      American   14-Nov-05 SABSBC 
                                                  Call                          
SAPPI LIMITED     20 MILLION   R 66.00      20      American   14-Nov-05 SAPSBH 
Call                          

TELKOM GROUP      20 MILLION   R 115.00     30      American   14-Nov-05 TKGSBJ 
LIMITED                                           Call                          
JSE TOP40 INDEX   20 MILLION   R 12,000.00  1000    European   12-Oct-05 TOPSBI 
Call                          

The JSE Securities Exchange SA Listings Division has approved the amendment of  
the abovementioned warrants and trading will commence on 5 May 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: 05/05/2005 08:30:03 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department