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Wed 15 Nov 2006, 16:31 The Standard Bank of South Africa Limited - Issue
SBK
 SBK                                                                             
The Standard Bank of South Africa Limited - Issue Of Stock Warrants             
The Standard Bank of South Africa Limited                                       
Issue of Stock Warrants                                                         
Underlying     Issue size   Exercise Ratio    Warrant Style                     
Instrument                  Price                                               
ApexHI         2.5 MILLION  R7.20    1        American Call                     
Properties A                                                                    
ApexHI         2.5 MILLION  R8.70    1        American Call                     
Properties B                                                                    
Growthpoint    2.5 MILLION  R6.50    1        American Call                     
Properties                                                                      
Limited                                                                         
Underlying     Exercise     JSE Codes         ISIN Codes                        
Instrument     Date                                                             
ApexHI         27-Nov-07    APASIC            ZAE000088027                      
Properties A                                                                    
ApexHI         27-Nov-07    APBSIC            ZAE000088035                      
Properties B                                                                    
Growthpoint    27-Nov-07    GRTSIC            ZAE000088043                      
Properties                                                                      
Limited                                                                         
The Issuer Services Division of the JSE Limited ("JSE") has approved the        
listing of the abovementioned warrants and trading will commence on 16          
November 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       
address stated below.                                                           
3 Simmonds Street                                                               
Johannesburg                                                                    
2001                                                                            
For further information contact:                                                
Standard Bank Warrants                                                          
Tel 0800 111 780                                                                
Internet: www.warrants.co.za                                                    
Sponsor                                                                         
Standard Corporate and Merchant Bank                                            
(A division of The Standard Bank of South Africa Limited)                       
(Registration number 1962/000738/06)                                            
Date: 15/11/2006 04:31:28 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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