Director's Dealings in Securities 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”) DIRECTOR’S DEALINGS IN SECURITIES In compliance with sections 3.63 to 3.74 of the Listings Requirements of the JSE Limited, the following information is disclosed: Director: Mr. BJ Kruger Name of company: Standard Bank Group Limited 1. Date of Transaction: 2016-11-29 Nature of Transaction: Exercise of 100 000 Participation Rights awarded in the Standard Bank Equity Growth Scheme on 2010-03-05: Award Price = R111.94 Exercise Price = R154.10 Gain = R42.16 per right. After subtracting employees’ tax, this resulted in delivery of 23,609 Standard Bank Group ordinary shares. Nature of Interest: Direct beneficial 2. Date of Transaction: 2016-11-29 Nature of Transaction: Exercise of 150 000 Participation Rights awarded in the Standard Bank Equity Growth Scheme on 2011-03-04: Award Price = R98.80 Exercise Price = R154.10 Gain = R55.30 per right. After subtracting employees’ tax, this resulted in delivery of 42,478 Standard Bank Group ordinary shares. Nature of Interest: Direct beneficial 3. Date of Transaction: 2016-11-29 Nature of Transaction: Resulting from the transactions disclosed in paragraph 1 and 2 above, Mr. Kruger sold the 66,087 ordinary Shares at a price of R153.92 per share. Value of Transaction: R10,172,111.04 Nature of Interest: Direct beneficial The above transactions were done on market and clearance to deal was provided. Lead sponsor The Standard Bank of South Africa Limited Independent sponsor Deutsche Securities (SA) Proprietary Limited Namibian sponsor Simonis Storm Securities (Proprietary) Limited 1 December 2016 Date: 01/12/2016 03:48:00 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.