Directors' dealing announcemente STANDARD BANK GROUP LIMITED Incorporated in the Republic of South Africa Registration number 1969/017128/06 JSE Share code: SBK Namibian Share Code: SNB ISIN: ZAE000109815 (“Standard Bank Group”) DIRECTORS’ DEALINGS IN SECURITIES In compliance with sections 3.63 to 3.74 of the Listings Requirements of the JSE Limited, the following information is disclosed: Director: Mr. T S Gcabashe Name of company: Standard Bank Group Limited 1. Date of Transaction: 2018-03-08 Nature of transaction: Disposal of 20,000 Standard Bank Group Limited ordinary shares at a price of R224.84 per share Value of transaction: R4,496,800.00 Nature of interest: Direct beneficial Director: Mr. S K Tshabalala Name of company: Standard Bank Group Limited 2. Date of Transaction: 2018-03-08 Nature of Transaction: Exercise of 25 000 Participation Rights awarded in the Standard Bank Equity Growth Scheme on 2011-03-04: Award Price = R98.80 Exercise Price = R223.84 Gain = R125.04 per right. After subtracting employees’ tax, this resulted in delivery of 7,681 Standard Bank Group ordinary shares. Nature of Interest: Direct beneficial 3. Date of Transaction: 2018-03-08 Nature of Transaction: Exercise of 290 319 Participation Rights awarded in the Standard Bank Equity Growth Scheme on 2013-03-07: Award Price = R115.51 Exercise Price = R223.84 Gain = R108.33 per right. After subtracting employees’ tax, this resulted in delivery of 119,743 Standard Bank Group ordinary shares. Nature of Interest: Direct beneficial 4. Date of Transaction: 2018-03-08 Nature of Transaction: Resulting from the transactions disclosed in paragraphs 2 to 3 above, Mr. Tshabalala sold the 127,424 ordinary Shares at a price of R227.23 per share. Value of Transaction: R28 954,555.52 Nature of Interest: Direct beneficial The above transactions were done on market and clearance to deal was provided. Lead sponsor The Standard Bank of South Africa Limited Independent sponsor Deutsche Securities (SA) Proprietary Limited Namibian sponsor Simonis Storm Securities (Proprietary) Limited 12 March 2018 Date: 12/03/2018 05:30:00 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.