SCIB: The Standard Bank of South Africa Limited - Issue of stock warrants THE STANDARD BANK OF SOUTH AFRICA LIMITED ISSUE OF STOCK WARRANTS Underlying Instrument Issue size Exercise Price Ratio Warrant Style Exercise Date ISIN Codes JSE Codes Anglo American Plc 100 MILLION R 245.00 85 American Call 04-Aug-15 ZAE000198974 AGLSBG Anglo American Plc 100 MILLION R 215.00 80 European Put 04-Aug-15 ZAE000198982 AGLSBY Anglo Platinum Ltd 100 MILLION R 340.00 130 European Put 04-Aug-15 ZAE000198990 AMSSBP Anglogold Ashanti Ltd 100 MILLION R 95.00 50 European Put 04-Aug-15 ZAE000199006 ANGSBS Bhp Billiton Plc 100 MILLION R 280.00 80 American Call 04-Aug-15 ZAE000199014 BILSBL Bhp Billiton Plc 100 MILLION R 245.00 80 European Put 04-Aug-15 ZAE000199022 BILSBU Firstrand Ltd 100 MILLION R 52.50 12 American Call 04-Aug-15 ZAE000199030 FSRSBF Firstrand Ltd 100 MILLION R 46.00 12 European Put 04-Aug-15 ZAE000199048 FSRSBS Kumba Iron Ore Ltd 100 MILLION R 270.00 100 American Call 04-Aug-15 ZAE000199055 KIOSBO Mr Price Group Ltd 100 MILLION R 220.00 70 European Put 04-Aug-15 ZAE000199063 MPCSBR Mtn Group Ltd 100 MILLION R 230.00 55 American Call 04-Aug-15 ZAE000199071 MTNSBI Naspers Ltd 100 MILLION R 1,375.00 600 European Put 04-Aug-15 ZAE000199105 NPNSBP Steinhoff International Holdings Ld 100 MILLION R 55.50 12 European Put 04-Aug-15 ZAE000199089 SHFSBP Sasol Ltd 100 MILLION R 425.00 150 European Put 04-Aug-15 ZAE000199097 SOLSBZ The Issuer Services Division of the JSE Limited ("JSE") has approved the listing of the abovementioned warrants and trading will commence on 03 Dec 2014. 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) 03-Dec-14 Date: 03/12/2014 09:23:00 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.