SCIB: AGLSBE - The Standard Bank Of South Africa - Increase In Issue Size

SCIB:  AGLSBE - The Standard Bank Of South Africa - Increase In Issue Size      
                   Announcement In Relation To AGLSBE Warrant ("AGLSBE")        
THE STANDARD BANK OF SOUTH AFRICA LIMITED                                       
Share Code: AGLSBE                                                              
ISIN Code:      ZAE000127973                                                    
INCREASE IN ISSUE SIZE ANNOUNCEMENT IN RELATION TO AGLSBE WARRANT ("AGLSBE")    
Notice is herby given of the increase in the issue size of the AGLSBE warrant   
from 100 Million to 150 Million with effect from the commencement of trade on   
Friday, 23rd January 2009, following the approval of the JSE Listings division  
of such increase.                                                               
Apart from the increase to the issue size, there are no changes to the terms and
conditions of the warrant or to the underlying share. All documentation         
submitted for the initial listing of the warrant, therefore remain relevant and 
in full force and effect.  The increase in the warrant issue size complies with 
the Listings Requirements                                                       
The salient terms of the AGLSBE warrant are as follows:                         
                                                                                
   Short Name                SB AGL CE                                          
   Long Name                 SB AGL R240CE 150:1MAY09                           
Underlying Share          ANGLO AMERICAN PLC                                 
   Type                      American Call                                      
   Expiration Date           7 May 2009                                         
   Strike Price              R240.00                                            
Cover Ratio               150 warrants exercisable into 1 Share              
For further information contact:                                                
Standard Bank Warrants                                                          
Tel 0800 111 780                                                                
Email: derivatives@standardbank.co.za                                           
Issuer: The Standard Bank of South Africa Limited                               
Sponsor: Standard Financial Markets (Pty) Ltd                                   
Copies of the warrant issue documentation may be obtained from:                 
The Standard Bank of South Africa Limited                                       
Standard Bank Centre                                                            
4th Floor, 3 Simmonds Street                                                    
Johannesburg, 2000                                                              
This notice should be read together with the Common Terms Document, Conditions  
Annexure and relevant Supplement which collectively record the terms and        
conditions of the agreement between the Issuer and Warrantholders.              
Date: 22/01/2009 10:59:03 Supplied by www.sharenet.co.za                     
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