SBK - Standard Bank Group - Subordinated unsecured CPI linked notes listed on

SBK - Standard Bank Group - Subordinated unsecured CPI linked notes listed on   
BESA                                                                            
Standard Bank Group Limited                                                     
(Incorporated in the Republic of South Africa)                                  
(Registration number 1969/017128/06)                                            
JSE share code: SBK                                                             
NSX share code: SNB                                                             
ISIN ZAE000109815                                                               
Notice is hereby given that The Standard Bank of South Africa Limited (a wholly 
owned subsidiary of Standard Bank Group) has issued R1,8 billion of 10 year     
Subordinated Unsecured CPI Linked Notes listed on the Bond Exchange of South    
Africa ("BESA") from 09 April 2009. The issue was done through a private        
placement and priced to return a yield to investors of 575 basis points above   
CPI (as set out in the pricing supplement dated 7 April 2009 posted on the BESA 
website). The notes qualify as Tier II capital in terms of the regulations      
relating to South African banks.                                                
Details of the issue are:                                                       
* Total issued:     ZAR 1,800,000,000                                           
* Stock Code:       SBKI 11                                                     
* ISIN No. :        ZAG000066382                                                
* Settlement date:  09 April 2009                                               
* Maturity date:    09 April 2019 unless redeemed at a prior date               
* Listing:          BESA                                                        
* Trading:          BESA                                                        
* Governing Law:    South African                                               
* Sole lead manager:The Standard Bank of South Africa Limited, acting through   
                   its corporate and investment banking division                
For further information contact:                                                
Issuer: The Standard Bank of South Africa Limited                               
Ashley Pillay                                                                   
Tel (011) 636 8656                                                              
Email:ashley.pillay@standardbank.co.za                                          
Lead Manager: Standard Bank-Corporate and Investment BankingAndrew Costa        
Tel (011) 378 7008Email:andrew.costa@standardbank.co.za                         
Johannesburg                                                                    
9 April 2009                                                                    
Sponsor                                                                         
Standard Bank                                                                   
Date: 09/04/2009 12:46:01 Supplied by www.sharenet.co.za                     
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