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Standard Bank Group Limited - Standard Bank Of South Africa Limited:

Release Date: 22/03/2006 07:54
Code(s): SBK
Wrap Text

Standard Bank Group Limited - Standard Bank Of South Africa Limited: - Tier II Bond Issue Standard Bank Group Limited Incorporated in the Republic of South Africa Registration number: 1969/017128/06 JSE Share code: SBK Namibian Share code: SNB ISIN: ZAE000057378 STANDARD BANK OF SOUTH AFRICA LIMITED: TIER II BOND ISSUE The Standard Bank of South Africa Limited ("SBSA") has mandated Standard Bank Corporate and Investment Banking and Deutsche Bank to lead manage a Tier II capital bond issue. A roadshow to assess investor demand for this bond issue commences today. This bond issue aims to maintain SBSA"s level of capital adequacy at prudent levels considering current robust growth in assets. Application will be made to list the bond on the Bond Exchange of South Africa. For further information, please contact: Norbert Hoffmann (Director: Group Capital Management) Tel. (011) 636-3712; e- mail: norbert.noffmann@standardbank.co.za Simon Ridley (Chief Financial Officer) Tel. (011) 636-3756; e-mail: simon.ridley@standardbank.co.za Sponsor Standard Bank Date: 22/03/2006 07:54:04 AM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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