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Mon 10 Sep 2007, 9:29 SCIB - Standard Bank - Adjustments To The Terms An
SBTPV1SBKSBJSBKSBI
 SCIB                                                                            
SCIB - Standard Bank - Adjustments To The Terms And Conditions Of The Standard  
                   Bank Standard Bank Group Ltd Warrants                        
NOTICE OF ADJUSTMENT                                                            
The Standard Bank of South Africa Limited                                       
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD BANK STANDARD BANK GROUP
LTD WARRANTS                                                                    
Following the Standard Bank Group LTD ("SBK") announcement of a return of       
premium of R1.00 per SBK share, notice is hereby given to warrantholders of     
SBKSBI and SBKSBJ that the Issuer will amend the terms and conditions of the two
warrants as indicated below, to place the warrantholder in the same financial   
position they were prior to the return of premium.                              
Existing Terms                                                                  
JSE Code  Exercise     Conversion    Expiry       Exercise Style   ISIN CODES   
         Price        Ratio                                                     
SBKSBI    R120.00      25 for 1      3 Oct 2007   American Call    ZAE000094397 
SBKSBJ    R110.00      25 for 1      14 Dec 2007  American Call    ZAE000099735 
New Terms                                                                       
JSE Code  Exercise     Conversion    Expiry       Exercise Style   ISIN CODES   
         Price        Ratio                                                     
SBKSBI    R118.79      24.75 for 1   3 Oct 2007   American Call    ZAE000094397 
SBKSBJ    R108.89      24.75 for 1   14 Dec 2007  American Call    ZAE000099735 
The JSE Limited Issuer Services Division has approved the adjustment of the     
above-mentioned warrants, and the Effective Date of the adjustment will be 10   
September 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: 10/09/2007 09:29:24 Produced by the JSE SENS Department.                  
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