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 Anglogold Ashanti Ltd 100 MILLION R 92.50 60 American Call 05-Apr-16 ZAE000207791 ANGSBG Gold Fields Ltd 100 MILLION R 40.00 25 American Call 05-Apr-16 ZAE000207825 GFISBO Harmony Gold Mining Company Ltd 100 MILLION R 14.00 10 American Call 05-Apr-16 ZAE000207809 HARSBB Sibanye Gold Ltd 100 MILLION R 19.50 15 American Call 05-Apr-16 ZAE000207833 SGLSBB The Issuer Regulation Division of the JSE Limited ("JSE") has approved the listing of the abovementioned warrants and trading will commence on 27 Jul 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) 27-Jul-15 Date: 27/07/2015 02:35:00 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.