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Fri 30 May 2003, 9:55 Standard Bank Group Limited - Director"s Dealing i
Standard Bank Group Limited - Director"s Dealing in Securities                  
Standard Bank Group Limited                                                     
Incorporated in the Republic of South Africa)                                   
Registration number 1969/017128/06)                                             
Share code: SBK                                                                 
Namibian Share Code: STB                                                        
ISIN: ZAE000038873                                                              
("Standard Bank Group")                                                         
In compliance with rule 3.72 of the JSE Listing Requirements, the following     
information is disclosed:                                                       
Director :                    Mr. J H Maree                                     
Date of Transaction :         27 May 2003                                       
Nature of transaction:        Mr. Maree has taken delivery, of 90 000 ordinary  
                              shares allocated to him in terms of the Standard  
                              Bank Group Share Incentive Scheme, 40 000 of which
were allocated to him on 07-09-1993 at R8.70, and 
                              50 000 were allocated to him on 05-09-1994 at     
                              R10.80.                                           
Extent of interest :          Direct beneficial                                 
Director :                    Mr. J H Maree                                     
Date of Transactions :        28 May 2003 and 29 May 2003                       
Nature of transaction:        Mr Maree has sold 168 100 ordinary shares at an   
                              average price of R31.02 per share.                
                                                                   


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