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STB102-Full Redemption

Published: 2022-08-10 10:00:32 ET
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STANDARD BANK GROUP LIMITED
REGISTRATION NUMBER 1969/017128/06)
Stock Code: SBT102   ISIN Code: ZAG000146622

Redemption of ZAR 1,800,000,000 Additional Tier 1 Notes issued on
21 September   2017   under   the   Standard   Bank   Group   Limited’s
ZAR50 000 000 000 Domestic Medium Term Note Programme dated 28 November
2016

On 21 September 2017, Standard Bank Group (“Standard Bank”) issued
ZAR 1,800,000,000 Additional Tier 1 Notes (the “SBT102 Notes”).
The SBT102 Notes are subject to the terms and conditions contained in
the Programme Memorandum dated 28 November 2016 (the “Programme
Memorandum”) as read together with the Applicable Pricing Supplement
issued in respect of the SBT102 Notes dated 18 September 2017 (the
“Applicable Pricing Supplement”).
In terms of the Applicable Pricing Supplement, Standard Bank has the
option to redeem the SBT102 Notes on 30 September 2022, subject to the
prior written approval of the Prudential Authority.
Pursuant to Condition 33(a) 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
SBT102 Notes on 30 September 2022 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 Monday, 19 September 2022
Books Closed             Tuesday, 20 September 2022
Payment Day              Friday, 30 September 2022




Dated 10 August 2022

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

Debt Sponsor: Standard Bank