SCIB - FSRSBJ - The Standard Bank Of South Africa - Issue of stock warrants THE STANDARD BANK OF SOUTH AFRICA LIMITED ISSUE OF STOCK WARRANTS Underlying Instrument FIRSTRAND LTD Issue size 100 MILLION Exercise Price R14.00 Ratio 4 Warrant Style American Call Exercise Date 07-Jan-09 ISIN Codes ZAE000121521 JSE Codes FSRSBJ The Issuer Services Division of the JSE Limited ("JSE") has approved the listing of the abovementioned warrants and trading will commence on 26 Jun 2008. 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. Standard Bank Centre, 3 Simmonds Street Johannesburg 2001 For further information contact : Standard Bank Warrants Tel 0800 111 780 Internet : www.warrants.co.za Sponsor: Standard Financial Markets (Pty) Ltd (A subsidiary of the Standard Bank Group Limited) (Incorporated in the Republic of South Africa, Registration number 1972/008305/07) Date: 26/06/2008 10:52:10 Supplied by www.sharenet.co.za 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.