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

OMLSTF - The Standard Bank of South Africa Limited - Adjustments to the terms   
and conditions of The Standard Bank Old Mutual Plc Share Instalments            
The Standard Bank of South Africa Limited                                       
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD BANK OLD MUTUAL PLC     
SHARE INSTALMENTS                                                               
Following the OLD MUTUAL PLC announcement of a 7 for 8 share consolidation,     
notice is hereby given that the Issuer will amend the Terms and Conditions of   
the instalment warrant OMLSTF on ex-date, 16 April 2012.                        
The following share instalments will be affected by this corporate action:      
Existing Terms                                                                  
JSE      Exercise  Conversion    Expiry        Exercise       ISIN CODES        
Code     Price     Ratio                       Style                            
OMLSTF   R 11.05   1             01-06-2012    American Call  ZAE000156741      
New Terms                                                                       
JSE      Exercise  Conversion    Expiry        Exercise       ISIN CODES        
Code     Price     Ratio                       Style                            
OMLSTF   R12.63    0.875         01-06-2012    American Call  ZAE000156741      
The Effective Date of the adjustment shall be 16th April 2012.                  
The JSE Limited (JSE) Issuer Services Division has approved the adjustment of   
the above-mentioned share instalments.                                          
This Notice together with the Common Terms Document and Conditions Annexure     
record the terms and conditions of the agreement between the Parties.  Any terms
used in this Notice which are defined in the Common Terms Document, Conditions  
Annexure and the relevant Supplements shall bear the meaning ascribed to them   
therein, unless specifically stated otherwise herein.  Other than as set out    
herein, the terms and conditions set out in the Common Terms Document,          
Conditions Annexure and relevant Supplements remain unchanged and in full force 
and effect.                                                                     
Please note that Share Instalments are subject to selling restrictions and      
prospective purchases are referred to the relevant Conditions Annexure for      
details of such restrictions.                                                   
Date: 16/04/2012 09:31:52 Supplied by www.sharenet.co.za                     
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