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Wed 1 Feb 2006, 8:44 The Standard Bank of South Africa Limited - Issue
SBK
 SBK                                                                             
The Standard Bank of South Africa Limited - Issue of Equity Warrants            
THE STANDARD BANK OF SOUTH AFRICA LIMITED                                       
- ISSUE OF EQUITY WARRANTS                                                      
Underlying Instrument     Issue     Exercise Ratio  Warrant  Exercise    JSE    
                           size        Price         Style     Date     Codes   
EDGARS CONSOLIDATED        100        R37.50   8   American  04-Jul-06 ECOSBH   
STORES LTD               MILLION                     Call                       
INVESTEC PLC               100       R320.00  75   American  04-Jul-06 INPSBE   
                         MILLION                     Call                       
KUMBA RESOURCES LIMITED    100       R125.00  30   American  04-Jul-06 KMBSBC   
                         MILLION                     Call                       
MITTAL STEEL LIMITED       100        R75.00  17   American  04-Jul-06 MLASBD   
                         MILLION                     Call                       
NEDBANK GROUP LIMITED      100       R100.00  20   European  04-Jul-06 NEDSBT   
                         MILLION                      Put                       
NASPERS LIMITED            100       R117.50  25   European  04-Jul-06 NPNSBP   
                         MILLION                      Put                       
SAPPI LIMITED              100        R88.00  20   American  04-Jul-06 SAPSBK   
                         MILLION                     Call                       
SAPPI LIMITED              100        R75.00  15   European  04-Jul-06 SAPSBW   
                         MILLION                      Put                       
JSE TOP40 INDEX            100     18,400.00 2000  European  15-Jun-06 TOPSBH   
                         MILLION                     Call                       
JSE TOP40 INDEX            100     17,000.00 1600  European  02-May-06 TOPSBU   
                         MILLION                      Put                       
The JSE Limited Issuer Services division has approved the amendment of the      
abovementioned warrants and trading will commence on 1 February 2006.           
All members of the JSE may participate in trading which will occur according   
to normal JSE Rules. Settlement will be effected electronically through         
STRATE. Copies of the warrant program and pricing supplement are available at   
the offices stated below.                                                       
Copies of the Offering Circular may be obtained from:                           
The Standard Bank Of South Africa Limited.                                      
(Registration Number 1962/000738/06)                                            
3 Simmonds Street                                                               
Johannesburg                                                                    
2001                                                                            
For further information contact:                                                
Standard Bank Warrants                                                          
Tel 0800 111 780                                                                
Contact us: derivatives@standardbank.co.za                                      
Sponsor:                                                                        
Standard Bank                                                                   
Date: 01/02/2006 08:44:04 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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