The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN922”

Stock Code: CLN922
ISIN Code: ZAG000194598

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN922 Senior Unsecured Mixed Rate Notes
due 28 February 2031 - sponsored by The Standard Bank of South
Africa Limited, under its Structured Note Programme.

Authorised Programme size           ZAR120,000,000,000
Total notes issued
(including current issue)           ZAR72,860,367,089.61
Full Note details are as follows:
Issue Date:                         14 March 2023
Nominal Issued:                     ZAR 430,000,000
Coupon Rate:

                                    Floating Rate Notes – From,
                                    and including, the Issue
                                    Date until, but excluding,
                                    28   February  2026:  three
                                    month ZAR-JIBAR-SAFEX plus
                                    3.0%; and
                                    Fixed Rate Notes -    From,
                                    and including, 28 February
                                    2026 until, but excluding,
                                    the Maturity Date: 9.53%
                                    quarterly.
Coupon Indicator:
                                    Fixed Rate Notes – Fixed
                                     Floating  Rate   Notes      -
                                    Floating


Interest Determination Dates:

                                    In respect of:

                                     Fixed Rate   Notes    –   Not
                                    Applicable

                                    Floating Rate Notes – each
                                    28 February, 31 May, 31
                                    August, and 30 November of
                                    each    year   until   (but
                                    excluding) 28 February 2026
                                    or, if such day is not a
                                 Business Day, the Business
                                 Day on which the interest
                                 will be paid, as determined
                                 in   accordance   with   the
                                 applicable    Business   Day
                                 Convention (as specified in
                                 the    Applicable    Pricing
                                 Supplement). During a leap
                                 year,   the  Interest   Rate
                                 Determination Date will be
                                 29 February rather than 28
                                 February.


Trade Type:                      Price
Issue Price:                     100%
Maturity Date:                   28 February 2031
Interest Commencement Date:      Issue Date
First Interest Payment Date:     31 May 2023

Interest Payment Dates:

                                 In respect of:

                                 Fixed Rate Notes –Each 28
                                 February, 31 May, 31 August,
                                 and 30 November of each year
                                 until the Maturity Date,
                                 with   the  first   Interest
                                 Payment Date being 31 May
                                 2026

                                 Floating Rate Notes – each
                                 28 February, 31 May, 31
                                 August, and 30 November of
                                 each    year   until    (and
                                 including) 28 Feb 2026 with
                                 the first Interest Payment
                                 Date being 31 May 2023.


Business Day Count/Convention:   Actual/365(fixed)       and
                                 Following Business Day
Books Close:                     From each 23 February, 26
                                 May, 26 August, and 25
                                 November      until     the
                                 applicable Interest Payment
                                 Date
Last day to register:              By 17h00 on 22 February, 25
                                   May, 25 August, and 24
                                   November of each year until
                                   the Maturity Date. If such
                                   day is not a Business Day,
                                   the business Day before
                                   each Books Closed Period
                                   until    the Maturity Date

Placement Agent:                   The Standard Bank of South
                                   Africa Limited
Debt Security subject
to guarantee; security
or credit enhancement:             Not Applicable

Additional Terms and Conditions: Investors should study the
Pricing Supplement for full details of the specific terms and
conditions applicable to this specific issuance.

Notes will be deposited in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.

Dated 13 March 2023
Sponsor – The Standard Bank of South Africa Limited
For further information on the Notes issued please contact:
Johann Erasmus           SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za