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Mon 17 Sep 2007, 11:03 SCIB - The Standard Bank of S.A.Limited - Adjustme
SBTPV1RCHSBORCHSBX
 SCIB                                                                            
SCIB - The Standard Bank of S.A.Limited - Adjustments To The Terms And          
              Conditions Of The Standard Bank Richemont Securities AG Warrants  
The Standard Bank of South Africa Limited                                       
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD BANK RICHEMONT          
SECURITIES AG WARRANTS                                                          
Following the RICHEMONT SECURITIES AG ("RCH") announcement of a special dividend
of 58.8894 cents per RCH share, notice is hereby given to warrantholders of     
RCHSBO and RCHSBX 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     Exercise   Conversion     Expiry       Exercise Style  ISIN CODES       
Code    Price      Ratio                                                        
RCHSBO  R46.00     10 for 1       6 Nov 2007   American Call   ZAE000096715     
RCHSBX  R40.00     7 for 1        6 Nov 2007   European Put    ZAE000096723     
New Terms                                                                       
JSE     Exercise   Conversion     Expiry       Exercise Style  ISIN CODES       
Code    Price      Ratio                                                        
RCHSBO  R45.38     9.87 for 1     6 Nov 2007   American Call   ZAE000096715     
RCHSBX  R39.47     6.9 for 1      6 Nov 2007   European Put    ZAE000096723     
The JSE Limited Issuer Services Division  has approved the adjustment of the    
above-mentioned warrants, and the Effective Date of the adjustment will be  17  
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: 17/09/2007 11:03:21 Produced by the JSE SENS Department.                  
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