The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN955”

Stock Code: CLN955
ISIN Code: ZAG000196320

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN955 Senior Unsecured Credit Linked
Notes due 20 June 2028 - 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)           ZAR81,476,373,081.61.
Full Note details are as follows:
Issue Date:                         24 May 2023
Nominal Issued:                     ZAR30,000,000
Coupon Rate:                        3.70% plus Three-month ZAR-
                                    JIBAR-SAFEX,   as  per   the
                                    Applicable           Pricing
                                    Supplement
Coupon Indicator:                   Floating
Interest Determination Dates:       Not Applicable
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      20 June 2028
Interest Commencement Date:         Issue Date
First Interest Payment Date:        20 June 2023

Interest Payment Dates:             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 June 2023,
Business Day Count/Convention:      Actual/365(fixed)        and
                                    Following Business Day

Books Close:                        15   March,   15  June,   15
                                    September and 15 December,
                                    until     the     applicable
                                    Interest Payment Date.

Last day to register:               By: 17h00 on 14 March, 14
                                    June, 14 September and 14
                                    December of each year, or if
                                    such day is not a Business
                                   Day, the Business Day before
                                   each Books Closed Period
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 23 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