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The Standard Bank Of South Africa Limited - Press Announcement

Release Date: 19/09/2005 09:17
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The Standard Bank Of South Africa Limited - Press Announcement The Standard Bank of South Africa Limited ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD BANK RICHEMONT SECURITES AG WARRANT Prior Terms JSE Exercis Conversi Expiry Exercise ISIN Codes Code e Price on Ratio Style RCHSBH R20.00 4 for 1 14/11/2005 American ZAE000066957 Call RCHSBI R24.00 5 for 1 05/01/2006 American ZAE000069134 Call RCHSBP R20.00 3 for 1 05/01/2006 American ZAE000069142 Call Following the Richemont Securities AG ("RCH") announcement of a 39.09c special dividend of RCH , the Issuer will amend the Terms and Conditions in the following way to ensure that the financial position of the warrant holder is unprejudiced. After the adjustment, a holder of 1 RCHSBI Call Warrant will have the right to purchase 0.203 RCH shares at an Exercise Price of R23.64, a total cash outlay of R4.80 per warrant. New Terms JSE Exercise Conversion Expiry Exercise ISIN Codes Code Price Ratio Style RCHSBH R19.70 3.94 for 1 14/11/2005 American ZAE000066957 Call RCHSBI R23.64 4.92 for 1 05/01/2006 American ZAE000069134 Call RCHSBP R19.70 2.95 for 1 05/01/2006 American ZAE000069142 Call The JSE Limited (the JSE") Issuer Services Division has approved the adjustment of the above-mentioned warrants, and the adjustments will be effective from 19 September 2005. Date: 19/09/2005 09:17:59 AM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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