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SBTPV1
 SCIB                                                                            
SCIB - Standard Bank - Issue of Share and Turbo Share Instalments               
THE STANDARD BANK OF SOUTH AFRICA LIMITED                                       
ISSUE OF SHARE AND TURBO SHARE INSTALMENTS                                      
Underlying    Issue   Exercise Ratio  Warrant   Exercise    Isin Codes   JSE    
Instrument    size     Price           Style      Date                  Codes   
   ASPEN       10      R29.00    1    American 29-May-08   ZAE000096863 APNSTA  
PHARMACARE   MILLION                    Call                                    
HOLDINGS                                                                       
 DISCOVERY     10      R24.00    1    American 29-May-08   ZAE000096871 DSYSTA  
HOLDINGS LTD  MILLION                    Call                                   
DATATEC LTD    10      R29.00    1    American 29-May-08   ZAE000096889 DTCSTA  
MILLION                    Call                                    
 ELLERINE      10      R67.00    1    American 29-May-08   ZAE000096897 ELHSTA  
HOLDINGS LTD  MILLION                    Call                                   
GRINDROD LTD    10      R15.00    1    American 29-May-08   ZAE000096905 GNDSTA 
MILLION                    Call                                    
 HIGHVELD      10      R46.00    1    American 29-May-08   ZAE000096913 HVLSIC  
 STEEL AND   MILLION                    Call                                    
VANADIUM CORP                                                                   
LTD                                                                         
  LIBERTY      10     R130.00    1    American 29-May-08   ZAE000096921 LBTSTA  
INTERNATIONAL MILLION                    Call                                   
    PLC                                                                         
REDEFINE      10      R4.00     1    American 29-May-08   ZAE000096939 RDFSIC  
INCOME FUND  MILLION                    Call                                    
    LTD                                                                         
REMGRO LTD     10     R136.00    1    American 29-May-08   ZAE000096947 REMSTA  
MILLION                    Call                                    
The Issuer Services Division of the JSE Limited ("JSE") has approved the        
listing of the abovementioned share instalments and trading will commence on    
10 May 2007.                                                                    
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 program and pricing supplement are available at the       
address stated below.                                                           
3 Simmonds Street                                                               
Johannesburg                                                                    
2001                                                                            
For further information contact:                                                
Standard Bank Warrants                                                          
Tel 0800 111 780                                                                
Internet: www.warrants.co.za                                                    
Sponsor                                                                         
Standard Corporate and Merchant Bank                                            
(A division of The Standard Bank of South Africa Limited)                       
(Registration number 1962/000738/06)                                            
Date: 10/05/2007 09:00:01 Produced by the JSE SENS Department.

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