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SBK - Standard Bank Group Limited - Trading statement in respect of the six months ended 30 June 2009 Standard Bank Group Limited (Incorporated in the Republic of South Africa) (Registration number 1969/017128/06) South African Share Code: SBK Namibian Share Code: SNB ISIN: ZAE000109815 ("Standard Bank Group" or "the group") Trading statement in respect of the six months ended 30 June 2009 Standard Bank Group`s results for the six months ended 30 June 2009 will be released on 13 August 2009. In terms of the Listings Requirements of the JSE Limited, a listed company is required to publish a trading statement as soon as a reasonable degree of certainty exists that the financial results for the next reporting period to be reported on will differ by at least 20% from those of the previous corresponding period. The group expects that normalised headline earnings will be between 20% and 25% lower when compared with the corresponding period in 2008. Normalised headline earnings of the group`s banking activities are expected to be 10% to 15% lower than the corresponding period. With respect to the group`s investment management and life insurance operation, shareholders are referred to Liberty Holdings Limited`s recent trading statement wherein it was stated that "Liberty Holdings Limited expects to report a total and headline loss for the six months ended 30 June 2009 of between R1 100m and R1 300m". Headline earnings per share, diluted headline earnings per share and basic earnings per share on a normalised basis for the six months ended 30 June 2009 are likely to be between 25% and 30% lower than the corresponding period. Headline earnings per share, diluted headline earnings per share and basic earnings per share calculated on an IFRS basis are likely to be between 30% and 35% lower than the corresponding period. Results are normalised to reflect the legal and economic substance of the group`s Black Ownership Initiative and deemed treasury shares held for the benefit of Liberty policyholders. The above information has not been reviewed or reported on by the group`s external auditors. Johannesburg 30 July 2009 Independent sponsor Deutsche Securities (SA) (Proprietary) Limited Joint sponsor Standard Bank Date: 30/07/2009 17:05:02 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
