Completion of transaction relating to RCS - SBK/SNB/TFG The Foschini Group Limited Standard Bank Group Limited (Incorporated in the Republic of South Africa) (Incorporated in the Republic of South Africa) (Registration number: 1937/009504/06 (Registration number 1969/017128/06) Share codes: TFG South African Share Code: SBK ISIN codes: ZAE000148466 ISIN: ZAE000109815 ("TFG”) Namibian Share Code: SNB ISIN: ZAE000109815 ("Standard Bank Group") COMPLETION OF TRANSACTION RELATING TO RCS Shareholders of TFG and Standard Bank Group (“Shareholders”) are referred to the announcement dated 10 April 2014 in terms of which it was advised that TFG and The Standard Bank of South Africa Limited, a wholly owned subsidiary of Standard Bank Group, RCS Investment Holdings Limited (“RCS”) and BNP Paribas Personal Finance S.A. (“BNPPF”) (the European leader in personal loans and a subsidiary of BNP Paribas S.A.) had entered into agreements which would result in BNPPF becoming the 100% shareholder of RCS (“Proposed Transaction”). Shareholders are advised that the Proposed Transaction is now unconditional in accordance with its terms and is in the process of being implemented accordingly. The Closing Date of the transaction is 6 August 2014, with the estimated proceeds being R2,64 billion. TFG shareholders are referred to the announcement released simultaneously with this announcement on the Securities Exchange News Service of the JSE Limited today. 6 August 2014 Joint Investment Banks to Legal advisor to TFG Transaction Sponsor for TFG and and Standard Bank Standard Bank Group Standard Bank Group Group The Standard Bank of South Investec Bank Limited and The ENS Africa Africa Limited Standard Bank of South Africa Limited Sponsor to TFG Independent sponsor for Standard Bank Group UBS South Africa Proprietary Deutsche Securities (SA) Limited Proprietary Limited Date: 06/08/2014 01:00:00 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.