The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN979”

Stock Code: CLN979
ISIN Code: ZAG000199472

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN979 Senior Unsecured Floating Rate
Notes due 28 February 2035 - 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)           ZAR77,378,480,841.52
Full Note details are as follows:
Issue Date:                         15 September 2023
Nominal Issued:                     ZAR40,000,000

Coupon Rate:                        In respect of each Interest
                                    Period from, and including:

                                    (i) the Issue Date until,
                                    but excluding, 31 August
                                    2028: three month ZAR-JIBAR-
                                    SAFEX plus 2.30%; and

                                    ii) 31 August 2028 until,
                                    but excluding, the Scheduled
                                    Maturity Date: 10.15% nacs%.


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 (and during a leap
                                    year,   the  interest   Rate
                                    Determination Date will be
                                    29 February rather than 28
                                 February), with the first
                                 Interest Rate Determination
                                 Date being the Issue Date,
                                 until (but excluding) 31
                                 August 2028.

Trade Type:                      Price
Issue Price:                     100%
Maturity Date:                   28 February 2035
Interest Commencement Date:      Issue Date
First Interest Payment Date:     30 November 2023

Interest Payment Dates:          In respect of:

                                 Fixed Rate Notes –Each 28
                                 February and 31 August of
                                 each year until the Maturity
                                 Date,    with   the    first
                                 Interest Payment Date being
                                 28 February 2029 and during
                                 a leap year, the Interest
                                 Payment Date will be 29
                                 February

                                 Floating Rate Notes – each
                                 28 February, 31 May, 31
                                 August, and 30 November of
                                 each    year    until    (and
                                 including) 31 August 2028
                                 with   the   first   Interest
                                 Payment    Date    being   30
                                 November 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:            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 14 September 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