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Wed 3 Sep 2003, 11:31 Dealing in Securities by an Associate of a Direct
Standard Bank Group - Dealing in Securities by an Associate of a Director       
  Standard Bank Group Limited                                                     
  Incorporated in the Republic of South Africa)                                   
  (Registration number 1969/017128/06)                                            
  Share code: SBK                                                                 
  Namibian Share Code: SNB                                                        
  ISIN: ZAE000038873                                                              
  ("Standard Bank Group")                                                         
  DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR                             
  In compliance with rule 3.63 of the JSE Listing Requirements, the following     
  information is disclosed:                                                       
  Director:                Mr J H Maree, Chief Executive,                         
                           Standard Bank Group                                    
  Name of associate:       Mrs S Maree                                            
  Relationship:            Spouse                                                 
  Date of transaction:     02 September 2003                                      
  Nature of transaction:   Disposal of shares held in a portfolio                 
                           under a discretionary mandate                          
  Details of transaction:  96 ordinary shares in Standard Bank                    
  Group sold at a price of R32,75 per                    
                           share.  Total proceeds amount to                       
                           R3,144.                                                
  Extent of interest:      Indirect non beneficial                                
  Johannesburg                                                                    
  3 September 2003                                                                
  Date: 03/09/2003 11:04:03 AM Produced by the JSE SENS Department                
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