Adjustment of Standard Banks Naspers share instalments terms and conditions NPNSTN The Standard Bank of South Africa Limited 2019/08/30 SCIB: We refer to the announcement published via SENS on 29 August regarding the adjustment of Standard Banks Naspers share instalments terms and conditions, the contents of the below announcement replace those previously issued. Following the Naspers Limited (“NPN”) announcement relating to the intention to Form global consumer internet group through the listing of its global consumer internet assets that are held by Myriad International Holdings N.V. (to be renamed Prosus N.V). Each Shareholder will receive one Prosus N Ordinary shares Limited share for each Naspers N Limited share held on the 10th September 2019. Following this announcement, notice is hereby given that the terms of the NPN share instalments will remain unchanged, and the share instalments will trade as a basket share instalment where the underlying price of the share instalment will be calculated based on the basket price of one Naspers and one Prosus share effective 11th September 2019. The following share instalments will be affected by this corporate action: NPNSTN The Effective Date of the adjustment shall be 11th September 2019. This Notice together with the Common Terms Document and Conditions Annexure record the terms and conditions of the agreement between the Parties. Any terms used in this Notice which are defined in the Common Terms Document, Conditions Annexure and the relevant Supplements shall bear the meaning ascribed to them therein, unless specifically stated otherwise herein. Other than as set out herein, the terms and conditions set out in the Common Terms Document, Conditions Annexure and relevant Supplements remain unchanged and in full force and effect. Please note that Share Instalments are subject to selling restrictions and prospective purchases are referred to the relevant Conditions Annexure for details of such restrictions. Date: 30/08/2019 01:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.