Standard Bank Group - Results of annual general me
Standard Bank Group - Results of annual general meeting and retirement of
directors
Standard Bank Group LimitedIncorporated in the Republic of South Africa
(Registration number 1969/017128/06)
Share code: SBK
Namibian share code: SNBISIN: ZAE000057378
(`Standard Bank Group` or `the Company`)
Results of annual general meeting and retirement of directors
All of the resolutions set out in the Notice of the Annual General Meeting dated17 March 2005 and proposed at the annual general meeting, including the special
resolution, were passed by the requisite majorities of shareholders.
In terms of the Company`s articles of association, Robin Plumbridge and Chris
Stals retired at the close of the meeting. Robin has been a member of the boardsince 1980 and served as chairman of the Group Audit and Group Risk Management
Committees. Chris was appointed a member of the board and Group Risk Management
Committee in 2000. Robin and Chris were thanked by the chairman, Derek Cooper,
for the invaluable contributions that they have made to the group.The chairman referred to recent press commentary regarding the Company`s
shareholding in the Liberty Life group and advised that the Standard Bank Group
board considered this issue yesterday,
24 May 2005: The board reaffirmed that it remains in the best interests of theCompany`s shareholders to maintain control of its subsidiary Liberty Life
(`LGL`) through its 55% shareholding in Liberty Holdings (`LBH`) which in turn
owns more than 50% of LGL.
SponsorStandard BankDate: 25/05/2005 01:03:06 PM Produced by the JSE SENS Department
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