SBSA/SBK5 - The Standard Bank of South Africa Limited - Redemption of

SBSA/SBK5 - The Standard Bank of South Africa Limited - Redemption of           
SBK5 Tier II capital notes                                                      
THE STANDARD BANK OF SOUTH AFRICA LIMITED                                       
Stock Code: SBK5                                                                
ISIN Code:  ZAG000023078                                                        
On 17 November 2004, The Standard Bank of South Africa Limited                  
("Standard Bank") issued ZAR2,000,000,000 Subordinated Unsecured Notes          
which qualified as Tier II secondary capital notes (the "SBK5 Notes").          
The SBK5 Notes are subject to the terms and conditions contained in             
the Programme Memorandum dated 26 October 2004 (the "Programme                  
Memorandum") as read together with the Applicable Pricing Supplement            
issued in respect of the SBK5 Notes dated 10 November 2004 (the                 
"Applicable Pricing Supplement").                                               
In terms of the Applicable Pricing Supplement, the SBK5 Notes mature            
on 17 November 2016, however, they are redeemable at the option of              
Standard Bank on 17 November 2011, subject to the prior written                 
approval of the Registrar of Banks.                                             
Pursuant to Condition 11.3 of the Terms and Conditions set out in the           
Programme Memorandum, as read together with 47(a) of the Applicable             
Pricing Supplement and, having obtained the requisite prior written             
approval from the Registrar of Banks, Standard Bank hereby gives                
notice that it shall redeem the SBK5 Notes on 17 November 2011 at face          
value thereof, together with any interest accrued thereon up until              
that date.                                                                      
Last Day to Register               Monday, 7 November 2011                      
Books Closed from                  Tuesday, 8 November 2011                     
Payment Date                       Thursday, 17 November 2011                   
Dated 11 October 2011                                                           
For further information contact:                                                
Standard Bank                                                                   
Andrew Costa                                                                    
Tel (011) 378 7008                                                              
Email: andrew.costa@standardbank.co.za                                          
Sponsor: Standard Bank                                                          
Date: 11/10/2011 15:31:24 Supplied by www.sharenet.co.za                     
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