THE STANDARD BANK OF SOUTH AFRICA LIMITED - Announcement of amendments in respect of SBC060

Announcement of amendments in respect of SBC060

THE STANDARD BANK OF SOUTH AFRICA LIMITED (REGISTRATION NUMBER
1962/000738/06) –Announcement of amendments in respect of SBC060


NOTICE IS GIVEN TO ALL HOLDERS OF SBC060 ZAR250 000 000 S&P Dow
Jones iTRAXX® Europe Crossover Series 41 LISTED NOTE DUE 20 JUNE
2029 (Stock Code: SBC060 and ISIN Code: ZAG000207556) (the "Note")
issued in terms of The Standard Bank of South Africa Limited's
Structured Note Programme (the "Programme")) on 31 July 2024.
Capitalised terms used and not otherwise defined in this
announcement have the meaning given to them in the Pricing
Supplement of the Note, as read with the Programme Memorandum.
Pursuant to the Bankruptcy Credit Event which occurred in respect
of Intrum AB ("Intrum"), as advised in an announcement dated
12 December 2024, the Pricing Supplement will be amended as
follows:

1.   the   Aggregate    Nominal   Amount   will   be   amended   to
ZAR249,149,100;

2.   the Nominal Amount of the Affected Portion (being the Portion
relating to Intrum) will be amended to ZAR 2,481,600;

3.   the Margin of the Affected Portion is amended to: 0.89%; and

4.   the record date is 23 January 2025.

Notice is given to Noteholders for information purposes only.    No
action is required by Noteholders.

Dated 23 January 2025

Sponsor – The Standard Bank of South Africa Limited
For further information on the Note issued please contact:
Johann Erasmus           SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za

Date: 23-01-2025 04:59:00
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