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Tue 22 Dec 2009, 15:08 SCIB: SBSW15 - The Standard Bank of South Africa Limited - Reset of Variable
JSE   SBSW15
SCIB                                                                            
SCIB: SBSW15 - The Standard Bank of South Africa Limited - Reset of Variable    
Equity Security                                                                 
THE STANDARD BANK OF SOUTH AFRICA LIMITED                                       
RESET OF VARIABLE EQUITY SECURITY - SBSW15                                      
The JSE Limited ("JSE") has approved the reset in respect of the abovementioned 
Variable Equity Security on 18 December 2008.                                   
The abovementioned Variable Equity Security is reset per                        
the details below:                                                              
Underlying Instrument                 DTOP                                      
                             (FTSE/JSE Shareholder                              
                             Weighted TOP40 Index)                              
Initial Issue size                 15,000                                      
  Reset Issue Size                  14,852                                      
Initial Issue price               R 1,000.00                                    
     VES Style                     European                                     
Reset Date                    15-Dec-09                                    
Final Delivery Date                15-Dec-15                                    
   Initial Index                    5874.81                                     
    Floor as a %                   101.0104%                                    
Cap as a %                    121.1089%                                    
  Market Leverage                    100%                                       
     Averaging           17/11/09; 24/11/09; 01/12/09;                          
                              08/12/09; 15/12/09                                
ISIN Code                   ZAE000112280                                   
   JSE Short Name                  SBVES021                                     
      JSE Code                      SBSW15                                      
       Sector                  Other Securities                                 
Initial Listing Date               21-Dec-07                                    
                                                                                
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: 22/12/2009 15:08:03 Produced by the JSE SENS Department.                  
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