Basel II Capital Adequacy Disclosure as at 30 September 2012 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") Standard Bank Group – Basel II Capital Adequacy Disclosure as at 30 September 2012 In terms of the Basel II requirements under Regulation 43(1)(e)(ii) of regulations relating to banks, minimum disclosure on the capital adequacy of the group is required on a quarterly basis. This announcement meets the ongoing reporting requirement for quarterly disclosure in terms of Pillar 3 of the Basel II capital accord. Standard Bank Group Standard Bank Group remained well capitalised as at 30 September 2012 with a total capital adequacy of 13.7% and primary capital adequacy of 11.2%, significantly exceeding minimum regulatory requirements. September June 2012 2012 Rm Rm Ordinary share capital and premium 18 050 18 002 Ordinary shareholders' reserves1 85 819 83 266 Minority interest 14 136 13 145 Regulatory deductions against primary (19 811) capital (19 070) Regulatory exclusions from primary capital (19 338) (19 540) Foreign Currency Translation Reserve 1 309 1 679 Other regulatory exclusions (15 386) (14 689) Unappropriated Profit (5 261) (6 530) Preference share capital and premium 5 495 5 495 Primary capital 84 351 81 298 Subordinated debt 23 796 24 296 Secondary unimpaired reserve funds 1 690 1 597 Regulatory deductions against secondary (6 067) capital (6 066) Secondary capital 19 419 19 827 Tertiary capital - Subordinated debt 300 300 Total qualifying capital 104 070 101 425 Total minimum regulatory capital 75 788 requirement2 75 778 Credit Risk 55 643 54 985 Equity Risk 1 836 2 170 Market Risk 7 118 7 611 Operational Risk 11 191 11 012 Capital Adequacy Ratio (excl unappropriated profit) Total capital adequacy ratio (%) 13.0 12.7 Primary capital adequacy ratio (%) 10.6 10.2 Capital Adequacy Ratio (incl unappropriated profit) Total capital adequacy ratio (%) 13.7 13.5 Primary capital adequacy ratio (%) 11.2 11.0 Note: ¹ Ordinary shareholders' reserves include unappropriated profits net of dividends paid during the period. 2 Total minimum capital requirement calculated at 9.5% is comprised of Pillar 1 at 8% and Pillar 2a at 1.5% and excludes bank specific add-ons and capital floors. The Standard Bank of South Africa Limited (the company) The Standard Bank of South Africa Limited remained well capitalised as at 30 September 2012 with a total capital adequacy of 13.1% and primary capital adequacy of 10.2%, significantly exceeding minimum regulatory requirements. September June 2012 2012 Rm Rm Primary capital¹ 46 996 42 917 Secondary capital 13 656 14 635 Tertiary capital - Subordinated debt 300 300 Total qualifying capital 60 952 57 852 Unappropriated Profit 2 479 2 684 Total minimum regulatory capital requirement2 46 051 45 828 Credit Risk 36 512 36 104 Equity Risk 1 472 1 532 Market Risk 1 895 2 021 Operational Risk 6 172 6 171 Capital Adequacy Ratio (excl unappropriated profit) Total capital adequacy ratio (%) 12.6 12.0 Primary capital adequacy ratio (%) 9.7 8.9 Capital Adequacy Ratio (incl unappropriated profit)3 Total capital adequacy ratio (%) 13.1 12.5 Primary capital adequacy ratio (%) 10.2 9.5 Note: ¹ Primary capital excludes unappropriated profits and is net of dividends paid during the period. 2 Total minimum capital requirement calculated at 9.5% is comprised of Pillar 1 at 8% and Pillar 2a at 1.5% and excludes bank specific add-ons and capital floors. 3 Primary capital adequacy ratio has increased by 70 bps due to continued focus on strengthening The Standard Bank of South Africa Limited's capital position. An injection of R2.5bn in common equity capital into SBSA was concluded in July 2012. The information contained in this announcement has not been reviewed by or reported on by Standard Bank Group's external auditors. Johannesburg 7 November 2012 Lead sponsor The Standard Bank of South Africa Limited Independent sponsor Deutsche Securities (SA) (Proprietary) Limited Date: 07/11/2012 08:00:00 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.