Change in Directorate STANDARD BANK GROUP LIMITED Incorporated in the Republic of South Africa Registration number 1969/017128/06 JSE Share code: SBK Namibian Share Code: SNB ISIN: ZAE000109815 (“Standard Bank Group” or “the Company”) CHANGE IN DIRECTORATE Standard Bank Group announces that Thulani Sikhulu Gcabashe will be appointed chairman of the boards of the Standard Bank Group and The Standard Bank of South Africa Limited (SBSA) with effect from the conclusion of the Company’s Annual General Meeting (AGM) on 28 May 2015, subject to his re-election as director of the Company at the AGM. He will replace Fred Phaswana, 70, who will retire at the conclusion of each company’s AGM to be held during May 2015. Thulani Gcabashe, 57, has been an independent non-executive director of the Standard Bank Group and SBSA since 2003. In line with the significantly increased time commitment associated with his new role, Mr Gcabashe will review his current commitments including reducing his executive day to day involvement at BuiltAfrica Holdings, the renewable energy company that he founded. Over a period of time he will also be stepping down as chairman of Imperial Holdings, chairman of MTN Zakhele and non-executive director of Togo Invest. Johannesburg 7 May 2015 Lead sponsor The Standard Bank of South Africa Limited Independent sponsor Deutsche Securities (SA) Proprietary Limited Namibian sponsor Simonis Storm Securities (Proprietary) Limited Date: 07/05/2015 09:00:00 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.