The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “SBC029”

Stock Code: SBC029
ISIN Code: ZAG000204884
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC029 Senior Unsecured Mixed Rate Notes
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)           ZAR88,301,109,702.37
Full Note details are as follows:
Issue Date:                         24 April 2024
Nominal Issued:                     ZAR100,000,000

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

                                    (i)the Issue Date until, but
                                    excluding, 31 March 2029:
                                    three month ZAR-JIBAR-SAFEX
                                    plus 2.50%; and

                                    ii) 31 March 2029 until, but
                                    excluding,    the   Maturity
                                    Date: Fixed 10.89% semi-
                                    annually.


Coupon Indicator:                   Fixed Rate Notes – Fixed
                                    Floating   Rate   Notes      -
                                    Floating



Interest Determination Dates:       In respect of:

                                    Fixed Rate   Notes     –   Not
                                    Applicable

                                    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) 31
                                    March 2029
Trade Type:                      Price
Issue Price:                     100%
Maturity Date:                   31 March 2032
Interest Commencement Date:      Issue Date
First Interest Payment Date:     30 June 2024

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
                                 30 September 2029.

                                 Floating Rate Notes – Each
                                 31   March,  30   June,   30
                                 September, and 31 December
                                 of each year until (and
                                 including) 31 March 2029
                                 with   the  first   Interest
                                 Payment Date being 30 June
                                 2024.


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:            17h00 on 25 March, 24 June,
                                 24 September, and 25
                                 December of each year. 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 23 April 2024
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