The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN962”

Stock Code: CLN962
ISIN Code: ZAG0000107004

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN962 Senior Unsecured Mixed Rate Notes
due 31 March 2032 - 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)           ZAR80,173,274,520.61
Full Note details are as follows:
Issue Date:                         07 August 2023
Nominal Issued:                     ZAR30,000,000.00

Coupon Rate:                        Floating Rate Notes – From,
                                    and including, the Issue
                                    Date until, but excluding,
                                    30 September 2026: three
                                    month ZAR-JIBAR-SAFEX plus
                                    3.00%; and
                                    Fixed Rate Notes -    From,
                                    and including, 30 September
                                    2026 until, but excluding,
                                    the Maturity Date: 10.20%
                                    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
                                    31   March,  30   June,   30
                                    September and 31 December of
                                    each year, with the first
                                    Interest Rate Determination
                                    Date being the Issue Date,
                                    until (but excluding) 30
                                    September 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:                   31 March 2032
Interest Commencement Date:      Issue Date
First Interest Payment Date:     30 September 2023

Interest Payment Dates:          In respect of:

                                 Fixed Rate Notes – Each 31
                                 March and 30 September of
                                 each year until the Maturity
                                 Date,    with   the    first
                                 Interest Payment Date being
                                 31 March 2027.

                                 Floating Rate Notes – Each
                                 31   March,   30    June,   30
                                 September, and 31 December
                                 of each year until (and
                                 including) 30 September 2026
                                 with   the   first    Interest
                                 Payment    Date    being    30
                                 September 2023.


Business Day Count/Convention:   Actual/365(fixed)        and
                                 Following Business Day
Books Close:                     From each 26 March, 25 June,
                                 25    September    and    26
                                 December,      until     the
                                 applicable Interest Payment
                                 Date.
Last day to register:            By 17h00 on 25 March, 24
                                 June, 24 September, and 25
                                 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 04 August 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