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Thu 29 May 2008, 16:30 SCIB - The Standard Bank of South Africa - Adjustments To The Terms And
JSE   ANGSTB
SCIB                                                                            
SCIB - The Standard Bank of South Africa - Adjustments To The Terms And         
         Conditions Of The Standard Bank Anglo Gold Ashanti Share               
         Instalments                                                            
The Standard Bank of South Africa Limited                                       
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD BANK ANGLO GOLD         
ASHANTI SHARE INSTALMENTS                                                       
Following the Anglo Gold Ashanti ("ANG") Rights Offer announcement, ANG share   
holders will receive rights to take up 0.246403 Anglo Gold Ashanti ("ANG")      
shares at a price of R194.00 for every 1 ANG shares held.                       
Following this announcement, notice is hereby given that the the terms of the   
ANGSTB share instalments will be adjusted to place the share instalment in      
the same financial position they were prior to the rights offer ex-date.  The   
terms of the share instalments shall be determined at the close of business     
on 30th May 2008.                                                               
The following share instalments will be affected by this corporate action:      
Existing Terms                                                                  
ISIN           JSE      Exercise Conversion  Expiry       Exercise Style        
             Code     Price    Ratio                                            
ZAE000110425   ANGSTB   R240.00  1:1         12-Dec-2008  American Call         
New Terms                                                                       
ISIN           JSE      Exercise Conversion Expiry        Exercise Style        
             Code     Price    Ratio                                            
ZAE000110425   ANGSTB   TBA      TBA        12-Dec-2008   American Call         
The last day to trade before this adjustment is made will be 30th May 2008.     
The Effective Date of the adjustment shall be 2nd June 2008.                    
The JSE Limited (JSE) Issuer Services Division has approved the adjustment of   
the above-mentioned share instalments.                                          
This Notice together with the Common Terms Document and Conditions Annexure     
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,       
Conditions Annexure and the relevant Supplements 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.                                                       
Please note that Share Instalments are subject to selling restrictions and      
prospective purchases are referred to the relevant Conditions Annexure for      
details of such restrictions.                                                   
Date: 29/05/2008 16:30:01 Produced by the JSE SENS Department.                  
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