The Standard Bank Of South Africa Limited - Adjustments To The Terms And

The Standard Bank Of South Africa Limited - Adjustments To The Terms And        
Conditions Of The Standard Bank Warrants Listed Over Edgars Consolidated Stores 
Limited                                                                         
PRESS ANNOUNCEMENT                                                              
The Standard Bank of South Africa Limited                                       
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD BANK WARRANTS LISTED    
OVER EDGARS CONSOLIDATED STORES LIMITED                                         
Prior Terms                                                                     
JSE     Exercise   Conversi  Expiry       Exercise Style                        
Code    Price      on Ratio                                                     
ECOSBC  R315.00    60 for 1  12/09/2005   American Call                         
ECOSBD  R280.00    60 for 1  03/10/2005   American Call                         
ECOSBE  R320.00    75 for 1  05/01/2006   American Call                         
ECOSBP  R270.00    50 for 1  12/09/2005   European Put                          
ECOSBQ  R275.00    60 for 1  05/01/2006   European Put                          
Following the Edgars Consolidated Stores Limited  ("ECO") announcement of a 10  
for 1 share split , the Issuer will amend the Terms and Conditions in the       
following way to ensure that the financial position of the warrant holder is    
unprejudiced.                                                                   
New Terms                                                                       
JSE Code Exercise     Conversi Expiry                     Exercise              
         Price        on Ratio                            Style                 
ECOSBC   R31.50       6 for 1  12/09/2005                 American              
Call                  

ECOSBD   R28.00       6 for 1  03/10/2005                 American              
                                                          Call                  
ECOSBE   R32.00       7.5 for  05/01/2006                 American              
1                                   Call                  

ECOSBP   R27.00       5 for 1  12/09/2005                 European              
                                                          Put                   
ECOSBQ   R27.50       6 for 1  05/01/2006                 European              
Put                   

The JSE Limited ("the JSE") Issuer Services Division has approved the adjustment
of the above-mentioned warrants, and the adjustments will be effective from 25  
July 2005.                                                                      
Date: 25/07/2005 09:34:17 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department