THE STANDARD BANK OF SOUTH AFRICA LIMITED - SCIB: The Standard Bank Of south Africa - Increase in stock warrant issue size.

SCIB: The Standard Bank Of south Africa - Increase in stock warrant issue size.

SB: The Standard Bank Of South Africa Limited –Increase in issue size announcement in relation to
the KIOSBJ Warrant
JSE
THE STANDARD BANK OF SOUTH AFRICA LIMITED
Share Code: ANGSBM
ISIN Code: ZAE000274866
INCREASE IN ISSUE SIZE ANNOUNCEMENT IN RELATION TO KIOSBJ WARRANT (“ANGSBM”)

Notice is herby given of the increase in the issue size of the KIOSBJ warrant from 100
Million to 150 Million with effect from the commencement of trade on Monday, 02 December
2019, following the approval of the JSE Listings division of such increase.

Apart from the increase to the issue size, there are no changes to the terms and
conditions of the warrant or to the underlying share. All documentation submitted for the
initial listing of the warrant, therefore remain relevant and in full force and effect.
The increase in the warrant issue size complies with the Listings Requirements

The salient terms of the ANGSBM warrant are as follows:

      JSE Code                               ANGSBM
      Short Name                             SB ANG CM
      Long Name                              SB ANG R270CM 115:1FEB20
      Underlying Share                       ANGLOGOLD ASHAANTI LTD
      Type                                   American Call
      Expiration Date                        4 FEB 2020
      Strike Price                           R270.00
      Cover Ratio                            115 warrants exercisable into 1
                                             Share


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.

For further information contact:
Standard Bank
Warrants
Tel 0800 111 780
Email: derivatives@standardbank.co.za
Issuer: The Standard Bank of South Africa Limited
Sponsor: SBG Securities (Pty) Ltd
(A subsidiary of the Standard Bank Group Limited)
(Incorporated in the Republic of South Africa, 13 March 1962, Registration number
1972/008305/07)


Date: 02/12/2019

Date: 02-12-2019 04:11:00
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