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Fri 23 Mar 2007, 8:19 SCIB - Standard Bank - Issue of Variable Equity Se
SBTPV1
 SCIB                                                                            
SCIB - Standard Bank - Issue of Variable Equity Security                        
THE STANDARD BANK OF SOUTH AFRICA LIMITED                                       
ISSUE OF VARIABLE EQUITY SECURITY                                               
Underlying Instrument                      DTOP                                
                                   (FTSE/JSE Shareholder                        
                                   Weighted TOP40 Index)                        
       Issue size                          15 000                               
Issue Price                        R 1,000.00                             
       VES Style                          European                              
       Reset Date                        14-Mar-08                              
  Final Delivery Date                    13-Mar-15                              
Initial Index                        4844.38                               
      Floor as a %                       100.5026%                              
       Cap as a %                         118.60%                               
    Market Leverage                         100%                                
Averaging               15/02/08; 22/02/08; 29/02/08;                    
                                     07/03/08; 14/03/08                         
       ISIN Code                        ZAE000093613                            
     JSE Short Name                       SBVES004                              
JSE Code                           SBTPV4                               
         Sector                       Other Securities                          
      Listing Date                       23-Mar-07                              
The Issuer Services Division of the JSE Limited ("JSE") has approved the        
listing of the abovementioned Variable Equity Security and trading will         
commence on 23 March 2007.                                                      
This issue was done as a private placement with the full allotment being taken  
up by one counterparty.                                                         
All trading 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 Equity Derivatives                                                
Tel 011 378 7131                                                                
Sponsor                                                                         
Corporate and Investment Banking ("CIB")                                        
(A division of The Standard Bank of South Africa Limited)                       
(Registration number 1962/000738/06)                                            
Date: 23/03/2007 08:19:01 Produced by the JSE SENS Department.
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