SCIB: The Standard Bank Of South Africa: Issue of share instalments THE STANDARD BANK OF SOUTH AFRICA LIMITED - ISSUE OF SHARE INSTALMENTS Underlying Instrument Issue size Exercise Price Ratio Warrant Style Exercise Date ISIN Codes JSE Codes Anglo American Plc 25 MILLION R 170.00 1 American Call 07-Feb-18 ZAE000239885 AGLSTM Bhp Billiton Plc 25 MILLION R 180.00 1 American Call 07-Feb-18 ZAE000239893 BILSTO Steinhoff International Holdings N.v. 25 MILLION R 50.00 1 American Call 07-Feb-18 ZAE000239901 SNHSTB Sasol Ltd 25 MILLION R 300.00 1 American Call 07-Feb-18 ZAE000239943 SOLSTN The Issuer Regulation Division of the JSE Limited ("JSE") has approved the listing of the abovementioned Share Instalments and trading will commence on 01 Feb 2017. All members of the JSE may participate in trading which will occur according to normal JSE Rules. Settlement will be effected electronically through Strate. Copies of the warrant issue documentation are available at the address stated below. 30 Baker Street Rosebank 2196 For further information contact : Standard Bank Warrants Tel 0800 111 780 Internet : www.warrants.co.za Sponsor: SBG Securities (Pty) Ltd (A subsidiary of the Standard Bank Group Limited) (Incorporated in the Republic of South Africa, 13 March 1962, Registration number 1972/008305/07) 01-Feb-17 Date: 01/02/2017 03:45:00 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.