Standard Bank Group - Results of annual general meeting and retirement of

Standard Bank Group - Results of annual general meeting and retirement of       
                      directors                                                 
Standard Bank Group Limited                                                     
Incorporated in the Republic of South Africa                                    
(Registration number 1969/017128/06)                                            
Share code: SBK                                                                 
Namibian share code: SNB                                                        
ISIN: ZAE000057378                                                              
("Standard Bank Group" or "the Company")                                        
Results of annual general meeting and retirement of directors                   
All of the resolutions set out in the Notice of the Annual General Meeting dated
17 March 2005 and proposed at the annual general meeting, including the special 
resolution, were passed by the requisite majorities of shareholders.            
In terms of the Company"s articles of association, Robin Plumbridge and Chris   
Stals retired at the close of the meeting.  Robin has been a member of the board
since 1980 and served as chairman of the Group Audit and Group Risk Management  
Committees.  Chris was appointed a member of the board and Group Risk Management
Committee in 2000. Robin and Chris were thanked by the chairman, Derek Cooper,  
for the invaluable contributions that they have made to the group.              
The chairman referred to recent press commentary regarding the Company"s        
shareholding in the Liberty Life group and advised that the Standard Bank Group 
board considered this issue yesterday,                                          
24 May 2005: The board reaffirmed that it remains in the best interests of the  
Company"s shareholders to maintain control of its subsidiary Liberty Life       
("LGL") through its 55% shareholding in Liberty Holdings ("LBH") which in turn  
owns more than 50% of LGL.                                                      
Sponsor                                                                         
Standard Bank                                                                   
Date: 25/05/2005 01:03:06 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department