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 315.00 110 American Call 06-Aug-19 ZAE000266144 AGLSBM Bhp Group Plc 100 MILLION R 300.00 120 American Call 06-Aug-19 ZAE000266136 BHPSBA Exxaro Resources Ltd 100 MILLION R 145.00 60 American Call 06-Aug-19 ZAE000266128 EXXSBE Gold Fields Ltd 100 MILLION R 50.00 25 American Call 06-Aug-19 ZAE000266110 GFISBO Harmony Gold Mining Company Ltd 100 MILLION R 26.00 18 American Call 06-Aug-19 ZAE000266029 HARSBH Impala Platinum Holdings Ltd 100 MILLION R 38.00 25 American Call 06-Aug-19 ZAE000266045 IMPSBC Impala Platinum Holdings Ltd 100 MILLION R 33.00 23 European Put 06-Aug-19 ZAE000266243 IMPSBR Kumba Iron Ore Ltd 100 MILLION R 300.00 150 American Call 06-Aug-19 ZAE000266052 KIOSBG Kumba Iron Ore Ltd 100 MILLION R 255.00 140 European Put 06-Aug-19 ZAE000266235 KIOSBU Mtn Group Ltd 100 MILLION R 90.00 50 American Call 06-Aug-19 ZAE000266060 MTNSBJ Mtn Group Ltd 100 MILLION R 75.00 35 European Put 06-Aug-19 ZAE000266185 MTNSBP Naspers Ltd 100 MILLION R 3,050.00 1500 American Call 06-Aug-19 ZAE000266078 NPNSBL Standard Bank Group Ltd 100 MILLION R 160.00 95 European Put 06-Aug-19 ZAE000266177 SBKSBP Sibanye Gold Ltd 100 MILLION R11.00 8 American Call 06-Aug-19 ZAE000266193 SGLSBN Sasol Ltd 100 MILLION R 470.00 170 American Call 06-Aug-19 ZAE000266227 SOLSBN Sasol Ltd 100 MILLION R 400.00 130 European Put 06-Aug-19 ZAE000266169 SOLSBR Vodacom Group Ltd 100 MILLION R 135.00 35 American Call 06-Aug-19 ZAE000266219 VODSBE Woolworths Holdings Ltd 100 MILLION R50.00 17 European Put 06-Aug-19 ZAE000266151 WHLSBP JSE TOP40 INDEX 100 MILLION 43,000 6000 European Put 06-Aug-19 ZAE000266102 TOPSBR The Issuer Regulation Division of the JSE Limited ("JSE") has approved the listing of the abovementioned warrants and trading will commence on 11 Dec 2018. 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) 11-Dec-18 Date: 11/12/2018 12:37:00 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.