The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN950”

Stock Code: CLN950
ISIN Code: ZAG000195900

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN950 Senior Unsecured Mixed Rate Notes
due 20 June 2030 - 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)           ZAR 80,016,468,081.61
Full Note details are as follows:
Issue Date:                         11 May 2023
Nominal Issued:                     ZAR 100,000,000
Coupon Rate:                        Floating Rate Notes – From,
                                    and including, the Issue
                                    Date until, but excluding,
                                    20 June 2028: three month
                                    ZAR-JIBAR-SAFEX plus 4.95%;
                                    and
                                    Fixed Rate Notes -    From,
                                    and including, 20 June 2028
                                    until, but excluding, the
                                    Maturity    Date:    11.50%
                                    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
                                    20   March,   20   June,   20
                                    September, and 20 December
                                    of each year until but
                                    excluding 20 June 2028 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).
Trade Type:                      Price
Issue Price:                     100%
Maturity Date:                   20 June 2030
Interest Commencement Date:      Issue Date
First Interest Payment Date:     20 June 2023

Interest Payment Dates:          In respect of:

                                 Fixed Rate Notes –Each 20
                                 March, 20 June, 20 September
                                 and 20 December of each year
                                 until the Maturity Date,
                                 with   the   first   Interest
                                 Payment    Date    being   20
                                 September 2028

                                 Floating Rate Notes – each
                                 20   March,  20   June,   20
                                 September and 20 December of
                                 each    year   until    (and
                                 including) 20 June 2028 with
                                 the first Interest Payment
                                 Date being 20 June 2023.


Business Day Count/Convention:   Actual/365(Fixed)        and
                                 Following Business Day
Books Close:                     From each 15 March, 15 June,
                                 15 September and 15 December
                                 until     the     applicable
                                 Interest Payment Date
Last day to register:            By 17h00 on 4 March, 14
                                 June, 14 September and 14
                                 December 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 10 May 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