Redemption Of SBK 14 Tier II Capital Notes The Standard Bank of South Africa Limited - Redemption of SBK 14 Tier II Capital Notes - SBSA/SBK 14 THE STANDARD BANK OF SOUTH AFRICA LIMITED - BISTDB Stock Code: SBK 14 ISIN Code: ZAG000091018 On 1 December 2011, The Standard Bank of South Africa Limited (“Standard Bank”) issued ZAR 1,780,000,000 Subordinated Unsecured Notes which qualified as Tier II capital (the “SBK 14 Notes”). The SBK 14 Notes are subject to the terms and conditions contained in the Programme Memorandum dated 1 December 2010 (the “Programme Memorandum”) as read together with the Applicable Pricing Supplement issued in respect of the SBK 14 Notes dated 28 November 2011 (the “Applicable Pricing Supplement”). In terms of the Applicable Pricing Supplement, the SBK 14 Notes mature on 1 December 2022, however, they are redeemable at the option of Standard Bank on 1 December 2017, subject to the prior written approval of the Registrar of Banks. Pursuant to Condition 51(a) of the Applicable Pricing Supplement and after having obtained the requisite prior written approval from the Registrar of Banks, Standard Bank hereby gives notice that it shall redeem the SBK 14 Notes on 1 December 2017 at the face value thereof, together with any interest accrued thereon up until that date. Last Day to Register Monday, 20 November 2017 Books Closed from Tuesday, 21 November 2017 Payment Date Friday, 1 December 2017 4 October 2017 For further information contact: Standard Bank Jan Brits Tel +27 11 415 4344 Email: jan.brits2@standardbank.co.za Sponsor: Standard Bank Date: 04/10/2017 08:00:00 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.