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JSE   ILVSIF
SCIB                                                                            
SCIB: ILVSIF - The Standard Bank Of South Africa Limited - Capital reduction    
announcement in relation to the ILV share                                       
THE STANDARD BANK OF SOUTH AFRICA LIMITED                                       
Share Code: ILVSIF                                                              
ISIN Code: ZAE000142147                                                         
CAPITAL REDUCTION ANNOUNCEMENT IN RELATION TO THE ILV SHARE INSTALMENT          
Notice is hereby given that as a result of the Capital Reduction declaration    
relating to ILLOVO SUGAR LIMITED (ILV) shares, the holders of ILVSIF share      
instalments will receive a ILLOVO SUGAR LIMITED (ILV) Capital Reduction of 54   
cents per Instalment.                                                           
Last date to trade cum Capital Reduction         Friday, 30/07/2010             
Ex-Capital Reduction Date                        Monday, 02/08/2010             
Record Date                                      Friday, 06/08/2010             
Payment Date                                     Tuesday, 10/08/2010            
For further information contact:                                                
Standard Bank Warrants                                                          
Tel 0800 111 780                                                                
Email: derivatives@standardbank.co.za                                           
Issuer: The Standard Bank of South Africa Limited                               
Sponsor: Standard Financial Markets (Pty) Ltd                                   
This notice should be read together with the Common Terms Document, Conditions  
Annexure and relevant Supplement which collectively record the terms and        
conditions of the agreement between the Issuer and Warrant holders.             
Date: 21/07/2010 17:02:03 Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.

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