SCIB: The Standard Bank Of South Africa - Issue of Instalment warrants THE STANDARD BANK OF SOUTH AFRICA LIMITED ISSUE OF INSTALMENT WARRANTS Underlying Instrument Issue size Exercise Price Ratio Warrant Style Exercise Date ISIN Codes JSE Codes Firstrand Ltd 25 MILLION R 45.00 1 American Call 05-Oct-20 ZAE000278347 FSRSTB Kumba Iron Ore Ltd 25 MILLION R 280.00 1 American Call 05-Oct-20 ZAE000278354 KIOSTA Naspers Ltd 25 MILLION R 1,750.00 1 American Call 05-Oct-20 ZAE000278222 NPNSTO Redefine Properties Ltd 25 MILLION R 6.00 1 American Call 05-Oct-20 ZAE000278230 RDFSTJ Sibanye Gold Ltd 25 MILLION R 15.00 1 American Call 05-Oct-20 ZAE000278248 SGLSTD The Issuer Regulation Division of the JSE Limited ("JSE") has approved the listing of the abovementioned Knockout! warrants and trading will commence on 27 September 2019. 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. For more information about Knockout! warrants please visit http://www.warrants.co.za 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) 26/09/2019 Date: 26/09/2019 10:40:00 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.