Director Appointment Standard Bank Group Limited (Incorporated in the Republic of South Africa) (Registration number 1969/017128/06) JSE share code: SBK ISIN: ZAE000109815 NSX share code: SNB NSX share code: SNB ZAE000109815 ("Standard Bank Group" or "the Group") DIRECTOR APPOINTMENT Standard Bank Group is pleased to announce the appointment of Dr Martin Oduor-Otieno as a non-executive director to its board and the board of The Standard Bank of South Africa Limited with effect from 1 January 2016. Dr Oduor-Otieno (59) holds a BCom (Accounting) (University of Nairobi) and an Executive MBA (ESAMI/Maastricht Business School) and is an alumnus of the Harvard Business School Advanced Management Programme. In 2009 he was awarded an Honorary Doctorate of Business Leadership by KCA University. He has extensive experience in diverse financial and leadership roles including being the previous chief executive officer of Kenya Commercial Bank Group. He is currently a partner in Deloitte East Africa, a role he will relinquish as he joins the Standard Bank Group board. Dr Oduor-Otieno is a fellow of the Kenya Institute of Bankers and Institute of Certified Public Accountants of Kenya and a member of the Institute of Certified Public Secretaries of Kenya and the Institute of Directors of Kenya. TS Gcabashe Chairman Johannesburg 11 December 2015 Sponsor The Standard Bank of South Africa Limited Independent sponsor Deutsche Securities (SA) (Proprietary) Limited Date: 11/12/2015 07:30:00 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.