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Correction Announcement - Group Annual Results for the year ended March 31 2015

Shareholders are advised that the content of the SENS issued this morning erroneously contains guidance that our Net debt to EBITDA for the F 2016 year is equal to 1.

Shareholders are advised that our Net debt to EBITDA ratio guidance remains unchanged at a Net debt to EBITDA ratio of less than or equal to 1.

The information as set out above has not been reviewed or reported on by the company's auditors.

Pretoria

08 June 2015

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The Standard Bank of South Africa Limited