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Thu 29 Mar 2007, 9:05 SCIB - Standard Bank - Treatment of the Consol Ltd
SBTPV1CSLSIB
 SCIB                                                                            
SCIB - Standard Bank - Treatment of the Consol Ltd corporate action             
The Standard Bank of South Africa Limited                                       
TREATMENT OF THE CONSOL LTD CORPORATE ACTION                                    
Terms                                                                           
ISIN          JSE Code  Exercise   Conversion Ratio Expiry       Exercise Style 
                     Price                                                      
ZAE000079927  CSLSIB    7.50       1 for 1          18-May-07    American Call  
Following the Consol Limited ("CSL") delisting announcement, share holders of   
Consol Limited will receive a cash payment of 1950 cents per share plus interest
of 9.19 cents on the 10th of April.                                             
Holders of the Consol Limited Share Instalment ("CSLSIB") will receive a cash   
payout of 1209.19 cents per Share Instalment.                                   
The Share Instalment payout is calculated as follows:                           
1950 + 9.19 - 750 = 1209.19 cents                                               
The payment will occur on Tuesday 10th April 2007.                              
For further information contact:                                                
Standard Bank Warrants                                                          
Tel 0800 111 780                                                                
Email: derivatives@standardbank.co.za                                           
Sponsor: Standard Bank                                                          
Date: 29/03/2007 09:05:01 Produced by the JSE SENS Department.
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