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Mon 27 Aug 2007, 11:02 MLASBJ - The Standard Bank Of South Africa - Adjus
SBTPV1MLASBJ
 SCIB                                                                            
MLASBJ - The Standard Bank Of South Africa - Adjustments to the terms and       
conditions of the Standard Bank Mittal Steel SA Ltd warrant                     
NOTICE OF ADJUSTMENT                                                            
The Standard Bank of South Africa Limited.                                      
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD BANK MITTAL STEEL SA LTD
WARRANT ("MLASBJ")                                                              
Following the Mittal Steel SA Limited ("MLA") announcement of a capital         
repayment of R10.21 per MLA share, notice is hereby given to warrant holders of 
MLASBJ that the Issuer will amend the terms and conditions of the MLASBJ as     
indicated below, to place the warrant holder in the same financial position they
were prior to the capital repayment.                                            
Existing Terms                                                                  
JSE      Exercise  Conversion    Expiry      Exercise       ISIN CODES          
Code     Price     Ratio                     Style                              
MLASBJ   R130.00   35 for 1      3 Oct 2007  American       ZAE000094363        
Call                                
New Terms                                                                       
JSE Code   Exercise   Conversion    Expiry   Exercise Style ISIN CODES          
          Price      Ratio                                                      
MLASBJ     R119.53    32.18 for 1   3 Oct    American Call  ZAE000094363        
                                   2007                                         
The JSE Limited Issuer Services Division has approved the adjustment of the     
above-mentioned warrants, and the Effective Date of the adjustment will be 27   
August 2007.                                                                    
This Notice together with the Common Terms Document, Conditions Annexure and the
relevant Supplements record the terms and conditions of the agreement between   
the Parties.  Any terms used in this Notice which are defined in the Common     
Terms Document and Conditions Annexure shall bear the meaning ascribed to them  
therein, unless specifically stated otherwise herein.  Other than as set out    
herein, the terms and conditions set out in the Common Terms Document,          
Conditions Annexure and relevant Supplements remain unchanged and in full force 
and effect.                                                                     
Copies of the warrant issue documentation may be obtained from:                 
The Standard Bank Of South Africa Limited.                                      
(Registration Number 1962/000738/06)                                            
3 Simmonds Street                                                               
Johannesburg                                                                    
2001                                                                            
For further information contact :                                               
Standard Bank Warrants                                                          
Tel 0800 111 780                                                                
e-mail: derivatives@standardbank.co.za                                          
Sponsor :                                                                       
Standard Financial Markets (Pty) Ltd                                            
(Registration Number: 1972/008305/07)                                           
An authorised user of the JSE Limited                                           
Date: 27/08/2007 11:02:12 Produced by the JSE SENS Department.                  
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