STANDARD BANK GROUP LIMITED
REGISTRATION NUMBER 1969/017128/06)

Stock Code: SBT202   ISIN Code: ZAG000155680
Stock Code: SBT203   ISIN Code: ZAG000155714

Stock Code: SBT202 - ISIN Code:   ZAG000155680

Redemption of ZAR 1,516,000,000 Subordinated Unsecured Tier 2 Notes
issued on 3 December 2018 under the Standard Bank Group Limited’s
ZAR50 000 000 000 Domestic Medium Term Note Programme dated 13 November
2018.

On 3 December 2018, Standard Bank Group (“Standard Bank”) issued
ZAR 1,516,000,000 Subordinated Unsecured Tier 2 Notes (the “SBT202
Notes”).
The SBT202 Notes are subject to the terms and conditions contained in
the Programme Memorandum dated 13 November 2018 (the “Programme
Memorandum”) as read together with the Applicable Pricing Supplement
issued in respect of the SBT202 Notes dated 28 November 2018 (the
“Applicable Pricing Supplement”).
In terms of the Applicable Pricing Supplement, the maturity date of the
SBT202 Notes is 3 December 2028, unless redeemed early at the option of
Standard Bank on 3 December 2023, subject to the prior written approval
of the Prudential Authority.
Pursuant to Condition 51 of the Applicable Pricing Supplement and having
obtained the requisite prior written approval from the Prudential
Authority, Standard Bank hereby gives notice that it shall redeem the
SBT202 Notes on 4 December 2023 at 100% of the aggregate nominal amount
thereof, together with any interest accrued thereon up until that date.

Last Day to Register     By 17h00 on Wednesday, 22 November 2023
Books Closed             Thursday, 23 November 2023
Payment Day                  Monday, 4 December 2023 (adjusted from 3
December 2023 for Following Business Day Convention)


Stock Code: SBT203 - ISIN Code:   ZAG000155714

Redemption of ZAR 484,000,000 Subordinated Unsecured Tier 2 Notes issued
on 3 December 2018 under the Standard Bank Group Limited’s
ZAR50 000 000 000 Domestic Medium Term Note Programme dated 13 November
2018.

On 3 December 2018, Standard Bank Group (“Standard Bank”) issued
ZAR 484,000,000 Subordinated Unsecured Tier 2 Notes (the “SBT203
Notes”).
The SBT203 Notes are subject to the terms and conditions contained in
the Programme Memorandum dated 13 November 2018 (the “Programme
Memorandum”) as read together with the Applicable Pricing Supplement
issued in respect of the SBT203 Notes dated 28 November 2018 (the
“Applicable Pricing Supplement”).
In terms of the Applicable Pricing Supplement, the maturity date of the
SBT203 Notes is 3 December 2028, unless redeemed early at the option of
Standard Bank on 3 December 2023, subject to the prior written approval
of the Prudential Authority.
Pursuant to Condition 51 of the Applicable Pricing Supplement and having
obtained the requisite prior written approval from the Prudential
Authority, Standard Bank hereby gives notice that it shall redeem the
SBT203 Notes on 4 December 2023 at 100% of the aggregate nominal amount
thereof, together with any interest accrued thereon up until that date.

Last Day to Register     By 17h00 on Wednesday, 22 November 2023
Books Closed             Thursday, 23 November 2023
Payment Day              Monday, 4 December 2023 (adjusted from 3
                         December 2023 for Following Business Day
                         Convention)


Dated 23 October 2023

For further information contact:
Standard Bank
Jan Brits
Email: jan.brits2@standardbank.co.za

Debt Sponsor: Standard Bank