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Tue 24 Jun 2008, 15:53 SCIB - SBSWV6 - The Standard Bank Of South Africa - Reset Of Variable Equity
JSE   SBSWV6
SCIB                                                                            
SCIB - SBSWV6 - The Standard Bank Of South Africa - Reset Of Variable Equity    
                   Security - SBSWV6                                            
THE STANDARD BANK OF SOUTH AFRICA LIMITED                                       
RESET OF VARIABLE EQUITY SECURITY                                               
The JSE Limited ("JSE") has approved the reset in respect of the abovementioned 
Variable Equity Security on 24 June 2008.                                       
The abovementioned Variable Equity Security is reset per the details below:     
Underlying                      DTOP                                          
  Instrument              (FTSE/JSE Shareholder                                 
                          Weighted TOP40 Index)                                 
  Issue size                      10723                                         
Issue price                  R 1,000.00                                       
   VES Style                    European                                        
  Reset Date                    18-Jun-09                                       
Final Delivery                  22-Jun-15                                       
Date                                                                       
 Initial Index                   5551.26                                        
 Floor as a %                   110.5538%                                       
  Cap as a %                    131.2554%                                       
Market Leverage                   100%                                          
   Averaging          21/05/09; 28/05/09; 04/06/09;                             
                           11/06/09; 18/06/09                                   
   ISIN Code                  ZAE000099586                                      
JSE Short Name                  SBVES012                                        
   JSE Code                      SBSWV6                                         
    Sector                  Other Securities                                    
All trading will occur according to normal JSE Rules. Settlement will be        
effected electronically through STRATE.                                         
Copies of the warrant program and pricing supplement are available at the       
address stated below.                                                           
3 Simmonds Street                                                               
Johannesburg                                                                    
2001                                                                            
For further information contact:                                                
Standard Bank Equity Derivatives                                                
Tel 011 378 7131                                                                
Sponsor                                                                         
Corporate and Investment Banking ("CIB")                                        
(A division of The Standard Bank of South Africa Limited)                       
(Registration number 1962/000738/06)                                            
Date: 24/06/2008 15:53:08 Produced by the JSE SENS Department.                  
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