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Fri 28 Dec 2007, 13:58 SCIB - The Standard Bank Of South Africa Limited - Notice of adjustment
JSE   PPCSBPPPCSBB
 SCIB                                                                            
SCIB - The Standard Bank Of South Africa Limited - Notice of adjustment         
The Standard Bank of South Africa Limited                                       
NOTICE OF ADJUSTMENT                                                            
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD BANK PRETORIA PORTLAND  
CEMENT WARRANTS                                                                 
Following the PRETORIA PORTLAND CEMENT ("PPC") announcement of a special        
dividend of 61 cents per PPC share, notice is hereby given to warrantholders of 
PPCSBB and PPCSBP 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      ISIN CODES           
Code    Price     Ratio                      Style                              
PPCSBB  R46.00    9 for 1     16 Jan 2008    American      ZAE000101994         
                                            Call                                
PPCSBP  R42.00    10 for 1    6 Mar 2008     European Put  ZAE000103271         
New Terms                                                                       
JSE     Exercise  Conversion  Expiry        Exercise Style   ISIN CODES         
Code    Price     Ratio                                                         
PPCSBB  R45.39    8.88 for 1  16 Jan 2008   American Call    ZAE000101994       
PPCSBP  R41.45    9.87 for 1  6 Mar 2008    European Put     ZAE000103271       
The JSE Limited Issuer Services Division has approved the adjustment of the     
above-mentioned warrants, and the Effective Date of the adjustment will be  28  
December 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: 28/12/2007 13:58:02 Produced by the JSE SENS Department.                  
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