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Tue 28 Nov 2006, 17:00 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 Instrument  Exxaro Resources    Kumba Iron Ore                       
Issue size             100 MILLION         100 MILLION                          
Exercise Price         60                  125                                  
Ratio                  20                  45                                   
Warrant Style          American Call       American Call                        
Exercise Date          05-Jun-07           05-Jun-07                            
ISIN Codes             ZAE000088514        ZAE000088522                         
JSE Codes              EXXSBA              KIOSBA                               
The Issuer Services Division of the JSE Limited ("JSE") has approved the listing
of the abovementioned warrants and trading will commence on 29 Nov 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: 28/11/2006 05:00:30 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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