Standard Bank Group Limited - Retail Deposit Note Issue by SBSA

Standard Bank Group Limited - Retail Deposit Note Issue by SBSA                 
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                                                              
The Standard Bank of South Africa Limited ("SBSA") has mandated Standard Bank   
Corporate and Investment Banking to lead manage its second launch of a listed   
tradeable retail deposit note for the general public. A roadshow to invite      
investors to participate in the planned issue has commenced.                    
The five-year floating rate note is a term Standard Bank deposit with additional
features.  The note will be listed on the JSE Limited and the Bond Exchange of  
South Africa.  The bank intends to launch retail deposit notes from time to     
time, based on demand, to further diversify its depositor base.                 
Johannesburg                                                                    
21 August 2006                                                                  
Sponsor: Standard Bank                                                          
For further information, please contact:                                        
Graham Everett (Director Money Markets) tel 011 378 8707; e-mail:               
Graham.Everett@standardbank.co.za                                               
Date: 21/08/2006 12:17:02 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department