SBK - Standard Bank Group - Appointment of Directo
SBK
SBK
SBK - Standard Bank Group - Appointment of Directors
Standard Bank Group Limited
Incorporated in the Republic of South Africa
Registration number 1969/017128/06
JSE share code: SBK
NSX share code: SNB
ISIN ZAE000109815
("Standard Bank Group" or "the Group")
APPOINTMENT OF DIRECTORS
Standard Bank Group is very pleased to announce the appointment of two new board
members representing the Industrial and Commercial Bank of China Limited
("ICBC"), a 20% shareholder in the Group. In terms of the transaction concluded
with ICBC which was completed on 3 March 2008, ICBC is entitled to appoint two
directors to the board, one of whom would serve as deputy chairman.
Mr Yang Kaisheng, currently president and vice chairman of ICBC, has been
appointed as a non-executive director and deputy chairman to the board.
Mr Liu Yagan, currently deputy general manager of Corporate Strategy and
Investor Relations Department of ICBC, has been appointed to the board as a non-
executive director.
Both of these appointments will be with immediate effect.
Derek Cooper
Johannesburg
29 April 2008
Sponsor
Standard Bank
Date: 29/04/2008 08:00:02 Produced by the JSE SENS Department.
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