The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN961”

Stock Code: CLN961
ISIN Code: ZAG000197534

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN961 Senior Unsecured Mixed Rate 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)           ZAR79,860,552,520.61
Full Note details are as follows:
Issue Date:                         07 July 2023
Nominal Issued:                     ZAR 50,000,000
Coupon Rate:

                                    Floating Rate Notes – From,
                                    and including, the Issue
                                    Date until, but excluding,
                                    20 June 2026: three month
                                    ZAR-JIBAR-SAFEX plus 4.00%;
                                    and
                                    Fixed Rate Notes -    From,
                                    and including, 20 June 2026
                                    until, but excluding, the
                                    Maturity Date: 10.50% semi-
                                    annually.
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 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).
Trade Type:                      Price
Issue Price:                     100%
Maturity Date:                   20 June 2028
Interest Commencement Date:      Issue Date
First Interest Payment Date:     20 September 2023

Interest Payment Dates:

                                 In respect of:

                                 Fixed Rate Notes –Each 20
                                 June and 20 December of each
                                 year   until  the    Maturity
                                 Date,    with    the    first
                                 Interest Payment Date being
                                 20 December 2026

                                 Floating Rate Notes – each
                                 20   March,  20   June,   20
                                 September, and 20 December
                                 of each year until (and
                                 including) 20 June 2026 with
                                 the first Interest Payment
                                 Date   being  20   September
                                 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 14 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 06 July 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