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Mon 25 May 2009, 12:12 SCIB - The Standard Bank of South Africa Limited - Correction To Adjustments To
JSE   TKGSBPTKGSBL
SCIB                                                                            
SCIB - The Standard Bank of South Africa Limited - Correction To Adjustments To 
The Terms And Conditions Of The Standard Bank Telkom Group Limited Warrant      
PRESS ANNOUNCEMENT                                                              
The Standard Bank of South Africa Limited                                       
CORRECTION TO ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD BANK      
TELKOM GROUP LIMITED WARRANT                                                    
Prior Terms                                                                     
JSE      Exercise  Conversion   Expiry      Exercise Style    ISIN CODES        
Code     Price     Ratio                                                        
TKGSBL   R105.00   40 for 1     8 Sep 2009  American Call     ZAE000128799      
TKGSBP   R105.00   40 for 1     5 Aug 2009  European Put      ZAE000131959      
Following the Telkom Group Limited ("TKG") announcement of a 1900c special      
dividend of TKG , the Issuer will amend the Terms and Conditions in the         
following way to ensure that the financial position of the warrant holder is    
unprejudiced.                                                                   
New Terms                                                                       
JSE     Exercise   Conversion    Expiry      Exercise Style   ISIN CODES        
Code    Price      Ratio                                                        
TKGSBL  R87.62     33.38 for 1   8 Sep 2009  American Call    ZAE000128799      
TKGSBP  R87.62     33.38 for 1   5 Aug 2009  European Put     ZAE000131959      
The Issuer services division of the JSE Limited has approved the adjustment of  
the above-mentioned warrants, and the adjustments will be effective from 25 May 
2009 and not the 25th June as stated in the previous announcement.              
Date: 25/05/2009 12:12:03 Produced by the JSE SENS Department.                  
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