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SCIB - The Standard Bank of South Africa Limited - Adjustments to the terms and

Release Date: 10/10/2011 09:33
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SCIB - The Standard Bank of South Africa Limited - Adjustments to the terms and conditions of the Standard Bank Firstrand Limited warrants PRESS ANNOUNCEMENT The Standard Bank of South Africa Limited ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD BANK FIRSTRAND LIMITED WARRANTS Prior Terms JSE Exercise Conversion Expiry Exercise Style ISIN CODES Code Price Ratio FSRSBE R 20.50 5 02-Nov-11 American Call ZAE000155263 FSRSBF R 20.00 4 01-Feb-12 American Call ZAE000158986 FSRSBR R 19.00 5 06-Dec-11 European Put ZAE000156337 FSRSBS R 19.00 7 03-Apr-12 European Put ZAE000159505 Following the Firstrand Limited ("FSR") announcement of a 70c special dividend of FSR, the Issuer will amend the Terms and Conditions in the following way to ensure that the financial position of the warrant holder is unprejudiced. New Terms JSE Exercise Conversion Expiry Exercise Style ISIN CODES Code Price Ratio FSRSBE R 19.79 4.83 02-Nov-11 American Call ZAE000155263 FSRSBF R 19.31 3.86 01-Feb-12 American Call ZAE000158986 FSRSBR R 18.34 4.83 06-Dec-11 European Put ZAE000156337 FSRSBS R 18.34 6.76 03-Apr-12 European Put ZAE000159505 The Issuer services division of the JSE Limited has approved the adjustment of the above-mentioned warrants, and the adjustments will be effective from 10 October 2011. Date: 10/10/2011 09:33:01 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.

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