The Standard Bank Of South Africa Limited - Increase In Issue Size Announcement

The Standard Bank Of South Africa Limited - Increase In Issue Size Announcement 
In Relation To SOLSBO And SOLSBA Call Warrants                                  
SB: The Standard Bank Of South Africa Limited -Increase in issue size           
announcement in relation to the SOLSBO Call warrant                             
JSE                                                                             
THE STANDARD BANK OF SOUTH AFRICA LIMITED                                       
Share Code: SOLSBO  SOLSBA                                                      
ISIN Code: ZAE000071122 ZAE000072492                                            
INCREASE IN ISSUE SIZE ANNOUNCEMENT IN RELATION TO SOLSBO AND SOLSBA            
CALL WARRANTS                                                                   
The JSE Listings division has approved the increase in the issue size           
from 20 million to 100 million in respect of the SOLSBO and SOLSBA              
call warrants with effect from the commencement of trade on Tuesday, 6          
December 2005 due to the following reasons:                                     
The further issue represents only a small portion of the market                 
capitalisation of the company.                                                  
This is well below the limit set by the JSE.                                    
There is massive demand for the SOLSBO and SOLSBA CALL warrants at              
present and we wish to match this demand in order to satisfy the                
market and fulfill our position as market maker.                                
We need to increase the issue size in order to prevent the warrant              
from trading up above fair value and thereby jeopardising people who            
purchase the warrant at inflated levels.                                        
There are no changes to the terms and conditions of the warrant or to           
the underlying share. All documentation submitted for the initial               
listing of the warrants therefore remain relevant.                              
The terms and conditions of the warrant are as follows:                         
JSE Code                  SOLSBO                                            
    Short Name                SB SOL C0                                         
    Long Name                 SB SOL R230 C0 60:1 MAR06                         
    Underlying Share          Sasol Ltd                                         
Type                      American Call                                     
    Expiration Date           02 March 2006                                     
    Strike Price              R230.00                                           
    Cover Ratio               60 Warrants exercisable into 1 Share              
JSE Code                  SOLSBA                                            
    Short Name                SB SOL CA                                         
    Long Name                 SB SOL R270 CA 65:1 APR06                         
    Underlying Share          Sasol Ltd                                         
Type                      American Call                                     
    Expiration Date           06 April 2006                                     
    Strike Price              R270.00                                           
    Cover Ratio               65 Warrants exercisable into 1 Share              
For further information contact:                                                
Standard Bank                                                                   
Tel 0800 111 780                                                                
Email: derivatives@standardbank.co.za                                           
Sponsor: Standard Bank                                                          
Date: 05/12/2005 03:56:00 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department