SCIB: The Standard Bank Of South Africa - issue of stock warrants THE STANDARD BANK OF SOUTH AFRICA LIMITED ISSUE OF STOCK WARRANTS Underlying Instrument Issue size Exercise Price Ratio Warrant Style Exercise Date ISIN Codes JSE Codes Absa Group Ltd 100 MILLION R 135.00 25 American Call 06-Oct-20 ZAE000285078 ABGSBE Bhp Group Plc 100 MILLION R 260.00 80 American Call 06-Oct-20 ZAE000285086 BHPSBG Compagnie Financiere Richemont Sa 100 MILLION R 110.00 35 American Call 06-Oct-20 ZAE000285094 CFRSBA Clicks Group Ltd 100 MILLION R 240.00 90 European Put 06-Oct-20 ZAE000285219 CLSSBQ Discovery Holdings Ltd 100 MILLION R 105.00 40 American Call 06-Oct-20 ZAE000285102 DSYSBC Firstrand Ltd 100 MILLION R 57.50 15 American Call 06-Oct-20 ZAE000285110 FSRSBJ Impala Platinum Holdings Ltd 100 MILLION R 135.00 75 American Call 06-Oct-20 ZAE000285128 IMPSBI Mtn Group Ltd 100 MILLION R 75.00 20 American Call 06-Oct-20 ZAE000285136 MTNSBO Old Mutual Ltd 100 MILLION R 16.00 4 American Call 06-Oct-20 ZAE000285144 OMUSBB Remgro Ltd 100 MILLION R 165.00 50 American Call 06-Oct-20 ZAE000285151 REMSBA Sappi Ltd 100 MILLION 30 12 American Call 06-Oct-20 ZAE000285169 SAPSBB Standard Bank Group Ltd 100 MILLION R 155.00 40 American Call 06-Oct-20 ZAE000285177 SBKSBA Woolworths Holdings Ltd 100 MILLION R 40.00 8 American Call 06-Oct-20 ZAE000285193 WHLSBD JSE TOP40 INDEX 100 MILLION 46000 6000 European Call 06-Oct-20 ZAE000285201 TOPSBB The Issuer Regulation Division of the JSE Limited ("JSE") has approved the listing of the abovementioned warrants and trading will commence on 11 Mar 2020. 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 issue documentation are available at the address stated below. 30 Baker Street Rosebank 2196 For further information contact : Standard Bank Warrants Tel 0800 111 780 Internet : www.warrants.co.za 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) 11-Mar-20 Date: 11-03-2020 09:30:00 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.