Directors' 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. S K Tshabalala Name of company: Standard Bank Group Limited 1. Date of Transaction: 2017-03-07 Nature of Transaction: Exercise of 100 000 Participation Rights awarded in the Standard Bank Equity Growth Scheme on 2008-03-06: Award Price = R92.00 Exercise Price = R158.50 Gain = R66.50 per right. After subtracting employees’ tax, this resulted in delivery of 32,376 Standard Bank Group ordinary shares. Nature of Interest: Direct beneficial 2. Date of Transaction: 2017-03-07 Nature of Transaction: Exercise of 37 500 Participation Rights awarded in the Standard Bank Equity Growth Scheme on 2009-03-06: Award Price = R62.39 Exercise Price = R158.50 Gain = R96.11 per right. After subtracting employees’ tax, this resulted in delivery of 16,956 Standard Bank Group ordinary shares. Nature of Interest: Direct beneficial 3. Date of Transaction: 2017-03-07 Nature of Transaction: Exercise of 175 000 Participation Rights awarded in the Standard Bank Equity Growth Scheme on 2011-03-04: Award Price = R98.80 Exercise Price = R158.50 Gain = R59.70 per right. After subtracting employees’ tax, this resulted in delivery of 50,712 Standard Bank Group ordinary shares. Nature of Interest: Direct beneficial 4. Date of Transaction: 2017-03-07 Nature of Transaction: Exercise of 46 102 Participation Rights awarded in the Standard Bank Equity Growth Scheme on 2012-03-08: Award Price = R108.90 Exercise Price = R158.50 Gain = R49.60 per right. After subtracting employees’ tax, this resulted in delivery of 9,840 Standard Bank Group ordinary shares. Nature of Interest: Direct beneficial 5. Date of Transaction: 2017-03-07 Nature of Transaction: Resulting from the transactions disclosed in paragraphs 1 to 4 above, Mr. Tshabalala sold the 109,884 ordinary Shares at a price of R156.76 per share. Value of Transaction: R17 225,415.84 Nature of Interest: Direct beneficial Director: Dr. A Daehnke Name of company: Standard Bank Group Limited 6. Date of Transaction: 2017-03-07 Nature of Transaction: Exercise of 8 200 Participation Rights awarded in the Standard Bank Equity Growth Scheme on 2007-03-07: Award Price = R98.00 Exercise Price = R158.50 Gain = R60.50 per right. After subtracting employees’ tax, this resulted in delivery of 2,855 Standard Bank Group ordinary shares. Nature of Interest: Direct beneficial 7. Date of Transaction: 2017-03-07 Nature of Transaction: Resulting from the transactions disclosed in paragraph 6 above, Mr. Daehnke sold the 2,855 ordinary Shares at a price of R156.79 per share. Value of Transaction: R447,635.45 Nature of Interest: Direct beneficial Associate of Director: Ms. S Brugman Director: Dr. A Daehnke Name of company: Standard Bank Group Limited 8. Date of Transaction: 2017-03-07 Nature of Transaction: Exercise of 16 100 Participation Rights awarded in the Standard Bank Equity Growth Scheme on 2007-03-07: Award Price = R98.00 Exercise Price = R158.50 Gain = R60.50 per right. After subtracting employees’ tax, this resulted in delivery of 5,603 Standard Bank Group ordinary shares. Nature of Interest: Direct beneficial 9. Date of Transaction: 2017-03-07 Nature of Transaction: Resulting from the transactions disclosed in paragraph 8 above, Ms. Brugman sold the 5,603 ordinary Shares at a price of R156.98 per share. Value of Transaction: R879,558.94 Nature of Interest: Direct beneficial 10. Date of Transaction: 2017-03-09 Nature of Transaction: Disposal of 17 250 Standard Bank Group Limited ordinary shares at a price of R153.92 per share Value of Transaction: R 2,655,120.00 Nature of Interest: Direct beneficial The above transactions were done on market and clearance to deal was provided. Johannesburg 10 March 2017 Lead sponsor The Standard Bank of South Africa Limited Independent sponsor Deutsche Securities (SA) Proprietary Limited Namibian sponsor Simonis Storm Securities (Proprietary) Limited Date: 10/03/2017 03:00:00 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.