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Tue 8 May 2007, 17:03 SCIB - Standard Bank - Issue Of Variable Equity Se
SBTPV1
 SCIB                                                                            
SCIB - Standard Bank - Issue Of Variable Equity Security                        
THE STANDARD BANK OF SOUTH AFRICA LIMITED                                       
ISSUE OF VARIABLE EQUITY SECURITY                                               
Underlying Instrument         DTOP (FTSE/JSE Shareholder                       
                                 Weighted TOP40 Index)                          
       Issue size                       185 352                                 
      Issue Price                      R 1,000.00                               
VES Style                        European                                
       Reset Date                      05-May-08                                
  Final Delivery Date                  04-May-15                                
     Initial Index                      5456.99                                 
Floor as a %                     100.6037%                                
       Cap as a %                       119.16%                                 
    Market Leverage                       100%                                  
       Averaging             07/04/08; 14/04/08; 21/04/08;                      
29/04/08; 05/05/08                           
       ISIN Code                      ZAE000096970                              
     JSE Short Name                     SBVES007                                
        JSE Code                         SBSWV3                                 
Sector                     Other Securities                            
      Listing Date                     09-May-07                                
The Issuer Services Division of the JSE Limited ("JSE") has approved the        
listing of the abovementioned Variable Equity Security and trading will         
commence on 09 May 2007.                                                        
This issue was done as a private placement with the full allotment being taken  
up by one counterparty.                                                         
All trading will occur according to normal JSE Rules.                           
Settlement will be effected electronically through STRATE.                      
3 Simmonds Street                                                               
Johannesburg                                                                    
2001                                                                            
For further information contact :                                               
Standard Bank Equity Derivatives                                                
Tel 011 378 7131                                                                
Sponsor                                                                         
Corporate and Investment Banking ("CIB")                                        
(A division of The Standard Bank of South Africa Limited)                       
(Registration number 1962/000738/06)                                            
Date: 08/05/2007 17:03:01 Produced by the JSE SENS Department.
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