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Thu 23 Oct 2008, 10:58 SCIB: SBSW19 - The Standard Bank Of South Africa - Issue Of Variable Equity
JSE   SBSW19
SCIB                                                                            
SCIB: SBSW19 - 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                          15,000                            
         Issue Price                        R 1,000.00                          
          VES Style                          European                           
          Reset Date                        15-Oct-09                           
Final Delivery Date                    14-Oct-16                           
        Initial Index                        4,011.40                           
         Floor as a %                       100.5026%                           
          Cap as a %                         125.95%                            
Market Leverage                         100%                             
          Averaging                17/09/09; 25/09/09;01/10/09;                 
                                        08/10/09; 15/10/09                      
          ISIN Code                        ZAE000128534                         
JSE Short Name                       SBVES025                           
           JSE Code                           SBSW19                            
            Sector                       Other Securities                       
         Listing Date                       22-Oct-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 22  
October 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: 23/10/2008 10:58:14 Produced by the JSE SENS Department.                  
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