Sharenet Sites 
Sharenet Sites
SBK - Standard Bank Group Limited - Trading statement in respect of the year ended 31 December 2011 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 year ended 31 December 2011 In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Limited, an issuer is required to publish a trading statement as soon as it is satisfied that a reasonable degree of certainty exists that headline earnings per share and earnings per share for the next period to be reported on are expected to differ by at least 20% from those of the previous corresponding period. Standard Bank Group will be releasing its financial results for the year ended 31 December 2011 on the Securities Exchange News Service on Thursday, 8 March 2012. The group anticipates that normalised headline earnings for the year ended 31 December 2011 will be approximately 20% higher than the previous corresponding period. With respect to results on an International Financial Reporting Standards basis, shareholders are advised that Standard Bank Group`s earnings per share, headline earnings per share ("HEPS") and diluted HEPS are expected to be between 18% and 22% higher than the comparative figures for the year ended 31 December 2010. Normalised earnings reflect the legal and economic substance of the group`s Black Ownership Initiative and of deemed treasury shares held for the benefit of Liberty Holding Limited policyholders and to facilitate client trading activities. Shareholders are advised that the financial information on which this trading statement is based has not been reviewed and reported on by the group`s external auditors. Johannesburg 23 February 2012 Lead sponsor The Standard Bank of South Africa Limited Independent sponsor Deutsche Securities (SA) Proprietary Limited Namibian sponsor Simonis Storm Securities (Proprietary) Limited Date: 23/02/2012 07:50:18 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.
