SBR002 - The Standard Bank of South Africa Limited - Announcement in relation to

SBR002 - The Standard Bank of South Africa Limited - Announcement in relation to
the Redemption of SBR002 Retail Deposit Notes listed on the JSE on 15 September 
2006 and due on 15 September 2011:                                              
THE STANDARD BANK OF SOUTH AFRICA LIMITED                                       
Stock Code: SBR002                                                              
ISIN Code:  ZAE000083853                                                        
Notice is hereby given to Noteholders as follows:                               
The Standard Bank of South Africa Limited intends redeeming, in full, the entire
issuing of SBR002 Retail Deposit Notes due on 15 September 2011.                
Details of the redemption of SBR002 Retail Deposit Notes are as follows:        
*    Total issue to be redeemed: ZAR 475,000,000                                
*    Total notes in issue: 4,750,000                                            
*    SBR002 Maturity date: 15 September 2011                                    
*    SBR002 Coupon: 3-month JIBAR payable quarterly                             
*    Status: Deposit (Senior unsecured)                                         
Last Date to Trade in respect of the redemption: Friday, 2 September 2011   
*    Suspension of listing: Monday, 5 September 2011                            
*    SBR002 Record Date in respect of the redemption: Friday, 9 September 2011  
*    Payment date: 15 September 2011                                            
*    SBR002 Notes expires at the close of trade on Thursday, 15 September 2011  
*    Termination of listing at commencement of trade on Friday, 16 September    
    2011                                                                        
*    Listing: JSE (Main Board)                                                  
*    Trading: JSE                                                               
*    ISIN: ZAE000083853                                                         
*    Law: South African                                                         
*    Denominations: R100                                                        
*    Redemption cash amount: ZAR100 per note                                    
*    Sole lead manager: The Standard Bank of South Africa Limited, acting       
    through its corporate and investment banking division                       
For further information contact:                                                
The Standard Bank of South Africa Limited                                       
Paul Burgoyne                                                                   
Tel +27 11 378 8200                                                             
Email: paul.burgoyne@standardbank.co.za                                         
Sponsor: Standard Bank                                                          
Date: Dated 16 August 2011                                                      
Date: 16/08/2011 11:38:02 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.