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Tue 19 Jun 2007, 9:46 The Standard Bank Of South Africa Limited - Issue
SBTPV1
 SCIB                                                                            
The Standard Bank Of South Africa Limited - Issue Of Variable Equity Security   
THE STANDARD BANK OF SOUTH AFRICA LIMITED                                       
ISSUE OF VARIABLE EQUITY SECURITY                                               
Underlying Instrument                                                          
                                FTSE/JSE Shareholder Weighted Index             
       Issue size                             15 000                            
      Issue Price                           R 1,000.00                          
VES Style                             European                           
       Reset Date                            17-Jun-08                          
  Final Delivery Date                        17-Jun-15                          
     Initial Index                           5,486.14                           
Floor as a %                           100.5026%                          
       Cap as a %                            120.625%                           
    Market Leverage                            100%                             
       Averaging         17/06/08; 10/06/08; 03/06/08; 27/05/08; 20/05/08       
ISIN Code                           ZAE000099131                         
     JSE Short Name                          SBVES011                           
        JSE Code                              SBSWV5                            
         Sector                          Other Securities                       
Listing Date                           19-Jun-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 19 June 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                                                                
Sponsor                                                                         
Corporate and Investment Banking ("CIB")                                        
(A division of The Standard Bank of South Africa Limited)                       
(Registration number 1962/000738/06)                                            
Date: 19/06/2007 09:46:22 Produced by the JSE SENS Department.
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