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 Anglogold Ashanti Ltd 100 MILLION R 130.00 60 American Call 04-Apr-19 ZAE000260832 ANGSBG Anglogold Ashanti Ltd 100 MILLION R 105.00 40 European Put 04-Apr-19 ZAE000260931 ANGSBS Aspen Pharmacare Holdings Ltd 100 MILLION R 280.00 105 American Call 04-Apr-19 ZAE000260840 APNSBA Blue Label Telecoms Ltd 100 MILLION R 10.00 5 American Call 04-Apr-19 ZAE000260857 BLUSBD Firstrand Ltd 100 MILLION R 75.00 25 American Call 04-Apr-19 ZAE000260865 FSRSBD Firstrand Ltd 100 MILLION R 65.00 25 European Put 04-Apr-19 ZAE000260949 FSRSBT Gold Fields Ltd 100 MILLION R 53.00 25 American Call 04-Apr-19 ZAE000260873 GFISBM Gold Fields Ltd 100 MILLION R 45.00 19 European Put 04-Apr-19 ZAE000260956 GFISBT Harmony Gold Mining Company Ltd 100 MILLION R 20.00 11 European Put 04-Apr-19 ZAE000260964 HARSBS Imperial Holdings Ltd 100 MILLION R 235.00 125 American Call 04-Apr-19 ZAE000260881 IPLSBA Kumba Iron Ore Ltd 100 MILLION R 315.00 160 American Call 04-Apr-19 ZAE000260899 KIOSBF Kumba Iron Ore Ltd 100 MILLION R 270.00 160 European Put 04-Apr-19 ZAE000260972 KIOSBT Naspers Ltd 100 MILLION R 3,600.00 1550 American Call 04-Apr-19 ZAE000260907 NPNSBI Naspers Ltd 100 MILLION R 3,100.00 1250 European Put 04-Apr-19 ZAE000260980 NPNSBV Standard Bank Group Ltd 100 MILLION R 220.00 80 American Call 04-Apr-19 ZAE000260915 SBKSBI Sasol Ltd 100 MILLION R 570.00 200 American Call 04-Apr-19 ZAE000260923 SOLSBM Sasol Ltd 100 MILLION R 495.00 190 European Put 04-Apr-19 ZAE000260998 SOLSBP JSE TOP40 INDEX 100 MILLION 49000 6000 European Put 04-Apr-19 ZAE000261012 TOPSBP The Issuer Regulation Division of the JSE Limited ("JSE") has approved the listing of the abovementioned warrants and trading will commence on 02 Aug 2018. 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) 02-Aug-18 Date: 02/08/2018 11:00:00 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.