Financial information provided to The Industrial and Commercial Bank of China Limited (“ICBC”) Standard Bank Group Limited Registration No. 1969/017128/06 Incorporated in the Republic of South Africa JSE share code: SBK ISIN: ZAE000109815 NSX share code: SNB NSX share code: SNB ZAE000109815 (“Standard Bank Group” or “the group”) Financial information provided to The Industrial and Commercial Bank of China Limited (“ICBC”) On a quarterly basis the Standard Bank Group discloses to ICBC sufficient information to enable ICBC to equity account the group's results. Accordingly, the following consolidated financial information, prepared on an International Financial Reporting Standards basis, is being provided to ICBC for the three months ended 31 March 2016. Statement of changes in ordinary shareholders' equity for the three months ended 31 March 2016 Earnings Balance at attributable to Other movements Balance at 1 January 2016 ordinary for the period 31 March 2016 shareholders Rm Ordinary share capital 162 162 Ordinary share 17 784 6 17 790 premium Foreign currency and 9 099 (3 513) 5 586 hedging reserves 1 Translation reserve 10 223 (3 396) 6 827 Foreign currency net investment and cash (1 124) (117) (1 241) flow hedging reserve 2 Retained earnings 122 129 5 356 (5 506) 121 979 Empowerment reserve (1 072) (63) (1 135) and treasury shares Other 2 967 240 3 207 Total ordinary 151 069 5 356 (8 836) 147 589 shareholders' equity 1 The decrease in the foreign currency translation reserve (“FCTR”) is largely as a result of the strengthening of the Rand against the USD and other major African currencies since December 2015. The relevant exchange rates were R14.71/USD at 31 March 2016 compared to R15.50/USD at 31 December 2015. 2 Primarily comprises the ordinary dividend declared of 371 cents per share in March 2016. The information contained in this announcement has not been reviewed and reported on by the group's auditors. Johannesburg 20 April 2016 Lead sponsor The Standard Bank of South Africa Limited Independent sponsor Deutsche Securities (SA) Proprietary Limited Namibian sponsor Simonis Storm Securities (Proprietary) Limited Date: 20/04/2016 08:35:00 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.