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Wed 16 May 2007, 8:21 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     FTSE/JSE Shareholder                                  
                         TOP40 Index                                            
Issue size                159 410                                               
Issue Price               R 1,000.00                                            
VES Style                 European                                              
Reset Date                12-May-08                                             
Final Delivery Date       11-May-15                                             
Initial Index             25483.34                                              
Floor as a %              100.7557%                                             
Cap as a %                119.16%                                               
Market Leverage           100%                                                  
Averaging                 14/04/08; 21/04/08;                                   
29/04/08; 05/05/08;                                    
                         12/05/08                                               
ISIN Code                 ZAE000097374                                          
JSE Short Name            SBVES008                                              
JSE Code                  SBTPV6                                                
Sector                    Other Securities                                      
Listing Date              16-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 16 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.                      
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 Equity Derivatives                                                
Tel 011 378 7131                                                                
Date: 16/05/2007 08:21:01 Produced by the JSE SENS Department.
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