Correction announcement: Appointment of director STANDARD BANK GROUP LIMITED Incorporated in the Republic of South Africa Registration number 1969/017128/06 JSE and A2X Share code: SBK Namibian Share Code: SNB ISIN: ZAE000109815 (“Standard Bank Group”) DIRECTOR APPOINTMENT Having obtained the requisite clearance from the Regulator, the Standard Bank Group board of directors (“Board”) is pleased to announce the appointment of Maureen Erasmus to its Board and that of The Standard Bank of South Africa Limited as a non-executive director with effect from 12 July 2019. Ms Erasmus (59) holds a BComm from the University of Cape Town and has extensive financial and banking experience. She is currently a non-executive director of Credit Suisse (UK) Limited, Mizuho International Plc and Maitland International Holdings Plc. Until 2017, Ms Erasmus was an advisory partner at Bain & Company, Inc (London) where she led major assignments across Europe, Middle East and Africa on corporate and investment banking turnaround strategies. Prior to this she had held senior executive roles at Merrill Lynch International, London and New York. Johannesburg 15 July 2019 Lead sponsor The Standard Bank of South Africa Limited Independent sponsor JP Morgan Equities South Africa Proprietary Limited Namibian sponsor Simonis Storm Securities (Proprietary) Limited Date: 16/07/2019 05:00:00 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.