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THE STANDARD BANK OF SOUTH AFRICA LIMITED - BISTDB - Notification of an update to the Issuers ZAR110,000,000,000 Domestic Medium Term Note Programme

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BISTDB - Notification of an update to the Issuer’s ZAR110,000,000,000 Domestic Medium Term Note Programme

THE STANDARD BANK OF SOUTH AFRICA LIMITED
(Incorporated in the Republic of South Africa)
(Registration No. 1962/000738/06)
Issuer Code: BISTDB
("SBSA" or "the Issuer")

NOTIFICATION OF AN UPDATE TO THE ISSUER'S ZAR110,000,000,000 DOMESTIC MEDIUM TERM NOTE PROGRAMME

Noteholders are advised that SBSA has updated the following documents:

•          the programme memorandum dated 8 December 2022 (the "Programme Memorandum") relating to its 
           ZAR110,000,000,000 Domestic Medium Term Note Programme (the "Programme"); 

•          the Issuer Disclosure Schedule dated 8 December 2022 relating to The Standard Bank of South Africa
           Limited, which is incorporated by reference in the Programme Memorandum; and

•          the Risk Factors and Other Disclosures Schedule dated 8 December 2022 relating to the Programme, 
           which is incorporated by reference in the Programme Memorandum.


A summary of the key changes made to the Programme Memorandum are as follows:
     •    updates to the section of the Programme Memorandum headed "Summary of the Programme" to:

                   o    update the list of Participants;

                   o    incorporate Recognition of RSA Bail-in Powers provisions pursuant to the Financial 
                        Sector Laws Amendment Act 23 of 2021;

                   o    clarify and remove certain definitions;

           •        amendments to the section of the Programme Memorandum headed "Terms and Conditions of the
                    Notes" to:

                   o    incorporate, clarify or remove certain definitions as per the Debt and Specialist 
                        Securities Listings Requirements and the introduction of RSA Bail-in Powers under 
                        Condition 1 (Interpretation);

                   o    incorporate power disruptions, pandemics and other health crisis in Condition 10.5 
                        (Method of Payment);

                   o    incorporate Condition 23 (Recognition of RSA Bail-in Powers);

                   o    correct errors of a typographical nature;

           •        updates in various places in the Programme Memorandum to replace references to the "JSE" 
                    to references to any "Financial Exchange" to allow listing on various Financial Exchanges;

           •        updates in various places in the Programme Memorandum to incorporate the Recognition of 
                    RSA Bail-in Powers;

           •        updates in various places in the Programme Memorandum to remove references to the 
                    JSE Debt Guarantee Fund Trust and the JSE Guarantee Fund;

The amendments to the Programme Memorandum have been approved by the JSE. The updated programme memorandum, 
the updated Issuer Disclosure Schedule and the updated Risk Factors and Other Disclosures Schedule, each 
dated 19 December 2024, are available for inspection on Standard Bank Group Limited's corporate website:   
https://reporting.standardbank.com/debt-investors/debt-securities/debt-securities/.

The updated programme memorandum will also be available for inspection on the JSE's website at ;
www.jse.co.za.


20 December 2024


Johannesburg
Debt Sponsor
The Standard Bank of South Africa Limited (acting through its Corporate and
Investment Banking division)



Date: 20-12-2024 01:10:00
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