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Wed 13 Dec 2006, 8:47 The Standard Bank Of South Africa Limited - Issue
JSE
 SCIB                                                                            
The Standard Bank Of South Africa Limited - Issue of Instalment Warrants        
The Standard Bank Of South Africa Limited                                       
ISSUE OF INSTALMENT WARRANTS                                                    
Underlying          ANGLO AMERICAN PLC  ANGLOGOLD ASHANTI    BHP BILLITON PLC   
Instrument                              LTD                                     
Issue size          10 MILLION          10 MILLION           10 MILLION         
Exercise Price      R 168.00            R 161.00             R 64.00            
Ratio               1                   1                    1                  
Warrant Style       American Call       American Call        American Call      
Exercise Date       13-Dec-07           13-Dec-07            13-Dec-07          
ISIN Codes          ZAE000089363        ZAE000089355         ZAE000089371       
JSE Codes           AGLSIC              ANGSIC               BILSIC             
                                                                                
Underlying          MTN GROUP LTD       SASOL LTD            TELKOM SA LTD      
Instrument                                                                      
Issue size          10 MILLION          10 MILLION           10 MILLION         
Exercise Price      R 38.50             R 125.00             R 66.00            
Ratio               1                   1                    1                  
Warrant Style       American Call       American Call        American Call      
Exercise Date       13-Dec-07           13-Dec-07            13-Dec-07          
ISIN Codes          ZAE000089389        ZAE000089397         ZAE000089413       
JSE Codes           MTNSIC              SOLSIC               TKGSIC             
The Issuer Services Division of the JSE Limited ("JSE") has approved the listing
of the abovementioned instalment warrants and trading will commence on 13 Dec   
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: 13/12/2006 08:47:04 Produced by the JSE SENS Department.                  
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