SBK - Standard Bank Group Limited - Retirement of two independent board

SBK - Standard Bank Group Limited - Retirement of two independent board         
members.                                                                        
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")                                          
CHANGE IN DIRECTORATE                                                           
Sir Paul Judge and Sir Sam Jonah are, in terms of the Memoranda of              
Incorporation of Standard Bank Group and The Standard Bank of South Africa      
Limited (collectively referred to as "the companies"), due to retire from       
office at the companies` next annual general meetings.  Both directors will     
not be standing for re-election.                                                
They have been valued independent board members.  The chairman and boards       
are highly appreciative of the contributions that they have made during         
their time with the group and wish them well in their future endeavors.         
Fred Phaswana                                                                   
Chairman                                                                        
Standard Bank Group                                                             
Johannesburg                                                                    
8 March 2012                                                                    
Lead sponsor                                                                    
The Standard Bank of South Africa Limited                                       
Independent sponsor                                                             
Deutsche Securities (SA) Proprietary Limited                                    
Date: 08/03/2012 12:27:28 Supplied by www.sharenet.co.za                     
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