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Wed 29 Nov 2006, 17:37 Standard Bank Group Limited - Retail Deposit Note
SBK   SBR002
 SBK                                                                             
     Standard Bank Group Limited - Retail Deposit Note Issue By SBSA            
     Standard Bank Group Limited                                                
     Incorporated in the Republic of South Africa                               
Registration number: 1969/017128/06                                        
     JSE Share code: SBR002                                                     
     ISIN: ZAE000083853                                                         
     The Standard Bank of South Africa Limited ("SBSA") has today issued a tap  
of R50 Million to the retail deposit note due 15 September 2011.           
     The five-year note yields a floating quarterly coupon of 3-month Jibar plus
     15 basis points.                                                           
     The note is tapped by Standard Bank Corporate and Investment Banking.      
The issue is listed on the JSE Limited and the Bond Exchange of South      
     Africa but will only trade on the JSE Limited.                             
     *    Details of the tap are:                                               
     *    Settlement date: 29 November 2006                                     
*    Issued: R400 Million                                                  
     *    Total notes in issue: 4 Million                                       
     *    Maturity date: 15 September 2011                                      
     *    Coupon: 3-month JIBAR + 15 basis points payable quarterly             
*    Status: SBSA deposit (senior debt)                                    
     *    Listing: JSE and BESA (code SBR002)                                   
     *    Trading: JSE                                                          
     *    ISIN: ZAE000083853                                                    
*    Law: South African                                                    
     *    Denominations: R100                                                   
     *    Sole lead manager: The Standard Bank of South Africa Limited          
     Johannesburg                                                               
29 November 2006                                                           
     Sponsor: Standard Bank                                                     
     For further information, please contact:                                   
     Graham Everett (Director Money Markets) tel 011 378 8707; e-mail:          
Graham.Everett@standardbank.co.za                                          
Date: 29/11/2006 05:37:02 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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