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Wed 23 Nov 2011, 13:19 SCIB/TOPSKL - Standard Bank of South Africa Limited - Termination of
JSE   TOPSKL
SCIB                                                                            
SCIB/TOPSKL - Standard Bank of South Africa Limited - Termination of            
Listing                                                                         
NOTICE: TERMINATION OF LISTING - TOPSKL - INDEX KNOCKOUT WARRANT (CALL)         
Knock-Out Level:           27,500 index points                                  
JSE Code:                  TOPSKL                                               
JSE Short Name:            SB TOP CKL                                           
JSE Long Name:             SBTOP27500CKL0001JUN12                               
ISIN Code:                 ZAE000162210                                         
In terms of the Pricing Supplement read with the Common Terms Document          
and relevant Conditions Annexure, the listing                                   
of TOPSKL lapsed automatically when the FTSE / JSE Top 40 Index ("the           
Index") was less than or equal to the Knockout Level of 27,500 index            
points. The Index was less than or equal to this Knockout Level of              
27,500 index points on 23 November 2011.                                        
Warrantholders are accordingly no longer able to trade the above                
Knockout Warrants.                                                              
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                
Warrantholders.                                                                 
Date: 23/11/2011 13:19:03 Produced by the JSE SENS Department.                  
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