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 190.00 70 American Call 01-Dec-15 ZAE000203659 AGLSBI Exxaro Resources Ltd 100 MILLION R 105.00 40 American Call 01-Dec-15 ZAE000203667 EXXSBA Firstrand Ltd 100 MILLION R 62.00 15 American Call 01-Dec-15 ZAE000203683 FSRSBG Firstrand Ltd 100 MILLION R 54.00 15 European Put 01-Dec-15 ZAE000203691 FSRSBU Gold Fields Ltd 100 MILLION R 54.00 30 American Call 01-Dec-15 ZAE000203709 GFISBM Harmony Gold Mining Company Ltd 100 MILLION R 24.00 15 American Call 01-Dec-15 ZAE000203717 HARSBO Kumba Iron Ore Ltd 100 MILLION R 152.50 75 American Call 01-Dec-15 ZAE000203675 KIOSBB Naspers Ltd 100 MILLION R 2,150.00 900 American Call 01-Dec-15 ZAE000203725 NPNSBD Naspers Ltd 100 MILLION R 1,900.00 800 European Put 01-Dec-15 ZAE000203733 NPNSBR Pretoria Portland Cement Company Ld 100 MILLION R 20.00 8 American Call 01-Dec-15 ZAE000203774 PPCSBA Sibanye Gold Ltd 100 MILLION R 27.50 15 American Call 01-Dec-15 ZAE000203741 SGLSBO Steinhoff International Holdings Ld 100 MILLION R 82.50 18 American Call 01-Dec-15 ZAE000203758 SHFSBC Steinhoff International Holdings Ld 100 MILLION R 73.00 18 European Put 01-Dec-15 ZAE000203766 SHFSBQ JSE TOP40 INDEX 100 MILLION 60000 100 European Put 13-Apr-16 ZAE000203782 TOPSBT JSE TOP40 INDEX 100 MILLION 45000 5000 European Put 01-Dec-15 ZAE000203790 TOPSBW The Issuer Regulation Division of the JSE Limited ("JSE") has approved the listing of the abovementioned warrants and trading will commence on 10 Apr 2015. 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) 10-Apr-15 Date: 10/04/2015 10:13:00 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.