SCIB/SBSW17 - The Standard Bank of South Africa Limited - Reset of variable

SCIB/SBSW17 - The Standard Bank of South Africa Limited - Reset of variable     
equity security - SBSW17                                                        
THE STANDARD BANK OF SOUTH AFRICA LIMITED                                       
RESET OF VARIABLE EQUITY SECURITY - SBSW17                                      
The JSE Limited ("JSE") has approved the reset in respect of the                
abovementioned Variable Equity Security on 25 February 2011                     
The abovementioned Variable Equity Security is reset per the details below:     
Underlying Instrument         "DTOP                                             
(FTSE/JSE Shareholder                                                           
Weighted TOP40 Index)"                                                          
Initial Issue size            15,000                                            
Reset Issue Size              14,779                                            
Initial Issue price           R 1,000.00                                        
VES Style                     European                                          
Reset Date                    14-Feb-13                                         
Final Delivery Date           15-Feb-16                                         
Initial Index                 5508.61                                           
Floor as a %                  137.8643%                                         
Cap as a %                    180.1622%                                         
Market Leverage               100%                                              
Averaging                     20-Dec-12; 27-Dec-12; 03-Jan-13; 10-Jan-13;       
                             17-Jan-13; 24-Jan-13; 31-Jan-13; 07-Feb-13;        
                             14-Feb-13                                          
ISIN Code                     ZAE000115861                                      
JSE Short Name                SBVES023                                          
JSE Code                      SBSW17                                            
Sector                        Other Securities                                  
Initial Listing Date          20-Feb-08                                         
All trading will occur according to normal JSE Rules. Settlement will be        
effected electronically through STRATE.                                         
Copies of the warrant program and pricing supplement are available at the       
address stated below.                                                           
3 Simmonds Street                                                               
Johannesburg                                                                    
2001                                                                            
For further information contact :                                               
Standard Bank Equity Derivatives                                                
Tel 011 378 7131                                                                
Sponsor                                                                         
Corporate and Investment Banking ("CIB")                                        
(A division of The Standard Bank of South Africa Limited)                       
(Registration number 1962/000738/06)                                            
Date: 25/02/2011 16:44:02 Supplied by www.sharenet.co.za                     
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