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Thu 7 Aug 2008, 17:08 SCIB: SBSW18 - The Standard Bank Of South Africa - Issue Of Variable Equity
JSE
SCIB                                                                            
SCIB: SBSW18 - The Standard Bank Of South Africa - Issue Of Variable Equity     
                   Security                                                     
THE STANDARD BANK OF SOUTH AFRICA LIMITED                                       
ISSUE OF VARIABLE EQUITY SECURITY                                               
Underlying Instrument      FTSE/JSE Shareholder                                 
                              Weighted Index                                    
      Issue size                  10,000                                        
Issue Price                R 1,000.00                                      
      VES Style                  European                                       
      Reset Date                 03-Aug-09                                      
 Final Delivery Date             01-Aug-16                                      
Initial Index                5,099.74                                       
     Floor as a %                100.2539%                                      
      Cap as a %                  104.85%                                       
   Market Leverage                 400%                                         
Averaging             06/07/09; 13/07/09;                                 
                            20/07/09; 27/07/09;                                 
                                 03/08/09                                       
      ISIN Code                ZAE000124715                                     
JSE Short Name               SBVES024                                       
       JSE Code                   SBSW18                                        
        Sector               Other Securities                                   
     Listing Date                08-Aug-08                                      
The Issuer Services Division of the JSE Limited ("JSE") has approved the listing
of the abovementioned Variable Equity Security and trading will                 
commence on 8 August 2008.                                                      
This issue was done as a private placement with the full allotment being taken  
up by one counterparty. 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                                                                         
Standard Bank                                                                   
(Registration number 1962/000738/06)                                            
Date: 07/08/2008 17:08:57 Produced by the JSE SENS Department.                  
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