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Mon 12 Jul 2010, 9:49 SCIB:TKG - The Standard Bank of South Africa Limited - Adjustments To The Terms
JSE   TKGSBATKGSBUTKGSBBTKGSBT
SCIB                                                                            
SCIB:TKG - The Standard Bank of South Africa Limited - Adjustments To The Terms 
And Conditions Of The Standard Bank Telkom Group Limited Warrant                
PRESS ANNOUNCEMENT                                                              
The Standard Bank of South Africa Limited                                       
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD BANK TELKOM GROUP       
LIMITED WARRANT                                                                 
Prior Terms                                                                     
JSE Code    Exercise   Conversio  Expiry       Exercise Style  ISIN CODES       
           Price      n Ratio                                                   
TKGSBA      R38.00     9          3 Aug 2010   American Call   ZAE000143269     
TKGSBB      R40.00     8          5 Jan 2011   American Call   ZAE000144168     
TKGSBT      R33.00     10         3 Aug 2010   European Put    ZAE000143434     
TKGSBU      R34.00     10         5 Jan 2011   European Put    ZAE000146908     
Following the Telkom Group Limited ("TKG") announcement of a 175c 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 Code    Exercise   Conversion  Expiry        Exercise Style  ISIN CODES     
Price      Ratio                                                     
TKGSBA      R 36.17    8.57        3 Aug 2010    American Call   ZAE000143269   
TKGSBB      R 38.07    7.61        5 Jan 2011    American Call   ZAE000144168   
TKGSBT      R 31.41    9.52        3 Aug 2010    European Put    ZAE000143434   
TKGSBU      R 32.36    9.52        5 Jan 2011    European Put    ZAE000146908   
The Issuer services division of the JSE Limited has approved the adjustment of  
the above-mentioned warrants, and the adjustments will be effective from 12 July
2010.                                                                           
Date: 12/07/2010 09:49:30 Produced by the JSE SENS Department.                  
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