Directors: TS Gcabashe (chairman), A Daehnke*, RMW Dunne1, GJ Fraser-Moleketi, Hao Hu2 (deputy chairman), GMB Kennealy, BJ Kruger* (chief executive), JH Maree (deputy chairman), NNA Matyumza, KD Moroka, ML Oduor-Otieno3, AC Parker, ANA Peterside CON4, MJD Ruck, PD Sullivan5, BS Tshabalala, SK Tshabalala* (chief executive), JM Vice, Lubin Wang2.

About Standard Bank Group (the group)

Our vision is to be the leading financial services organisation in, for and across Africa, delivering exceptional client experiences and superior value.

This sets the primary goals and standard of excellence we intend to achieve in the medium term. With a heritage of nearly 155 years, we have an on-the-ground presence in 20 countries in sub-Saharan Africa; fit-for-purpose representation outside Africa; and a strategic partnership with the Industrial and Commercial Bank of China (ICBC).

In line with the realities of risk, regulation, technology and competition that characterise our operating context, we continue to invest significantly in our diversified operations; our people and culture; our systems and infrastructure; and our brand. In doing so, we understand that our commercial success and social relevance over the long term depends on placing our clients at the centre of everything we do, and ensures that the outcomes of our activities are a catalyst for growth on this continent we call home.

For the six months to 30 June 2017, headline earnings were R12.1 billion (USD918 million), total assets were R1.95 trillion (USD149 billion) and market capitalisation was R233 billion (USD18 billion). Standard Bank employed almost 55 000 people (including Liberty) across all geographies and has 1 200 branches and 8 972 ATMs on the African continent.

The long-term foreign currency ratings for The Standard Bank of South Africa, the single largest operating entity within the Standard Bank Group, are: Fitch Ratings BB+ (stable) and Moody’s Baa3 (negative).

The group is listed on the JSE Limited, share code SBK, and the Namibian Stock Exchange, share code SNB. The largest bank in the world, ICBC, is a 20.1% shareholder in the group. Other than the 20.1% ICBC shareholding, 31.9% of Standard Bank’s shareholder base is foreign.

Africa is our home, we drive her growth

COST-TO-INCOME RATIO

56.3%1H16: 56.8%

RETURN ON EQUITY

16.1%1H16: 14.4%

*Executive director 1British 2Chinese 3Kenyan 4Nigerian 5Australian

Contacts

Investor relationsSarah Rivett-Carnac Tel: +27 11 631 6897 investorrelations@standardbank.co.za

Group secretaryZola Stephen Tel: +27 11 631 9106

Customers0860 123 000 Information@standardbank.co.za

Physical address9th Floor, Standard Bank Centre, 5 Simmonds Street, Johannesburg 2001

Postal addressPO Box 7725, Johannesburg, 2000

Share transfer secretaries inSouth Africa: Computershare Investor Services (Pty) Limited Rosebank Towers, 15 Biermann Avenue, Rosebank, 2196 PO Box 61051, Marshalltown, 2107

Namibia: Transfer Secretaries (Pty) Limited, 4 Robert Mugabe Avenue, Windhoek, Namibia PO Box 2401, Windhoek, Namibia

Independent sponsorDeutsche Securities (SA) (Pty) Limited

Joint sponsorThe Standard Bank of South Africa Limited (acting through its Corporate & Investment Banking business unit)

HEADLINE EARNINGS

R12 111 million1H16: R10 861 million

+12% DIVIDEND PER SHARE

400 cents1H16: 340 cents

+18%

Standard Bank Group

Fact sheetfor the six months ended 30 June 2017

www.standardbank.com/reporting

Standard Bank Group Limited Registration No. 1969/017128/06 Incorporated in the Republic of South Africa

Change % 1H17 1H16 FY16

Standard Bank Group (SBG)Total headline earnings Rm 12 12 111 10 861 23 009Ordinary shareholders’ interestProfit attributable to ordinary shareholders Rm 14 12 340 10 812 22 206Ordinary shareholders' equity Rm 2 153 132 149 690 150 757Share statisticsHeadline earnings per ordinary share (EPS) cents 11 755.5 679.8 1 440.1Diluted headline EPS cents 11 746.4 671.2 1 420.8Basic EPS cents 14 769.8 676.7 1 389.8Diluted EPS cents 14 760.5 668.1 1 371.2Dividend per share cents 18 400.0 340.0 780.0Net asset value per share cents 2 9 554 9 381 9 442Tangible net asset value per share cents 3 8 069 7 869 7 960Dividend payout ratio % 52.9 50.0 54.2Number of ordinary shares in issueEnd of period thousands 0 1 602 748 1 595 627 1 596 583Weighted average thousands 0 1 603 040 1 597 746 1 597 739Diluted weighted average thousands 0 1 622 574 1 618 260 1 619 444Capital adequacyCommon equity tier 1 ratio % 13.7 13.2 13.9Tier 1 capital adequacy ratio % 14.2 13.6 14.3Total capital adequacy ratio % 16.2 15.9 16.6Employee statisticsNumber of employees (1) 54 663 55 137 54 767

Personal & Business Banking

1H17 1H16

Headline earnings R6 109 million R5 523 million

Headline earnings change increased 11% increased 14%

Headline earnings contribution 50% 51%

ROE 17.7% 16.5%

Cost-to-income ratio 61.0% 61.0%

Credit loss ratio 1.36% 1.41%

Gross loans and advances to customers R598 billion R582 billion

Banking and other financial services to individual customers and small- to medium-sized enterprises in South Africa, the Africa regions and the Channel Islands

1H17 1H16

Headline earnings R5 335 million R4 856 million

Headline earnings change increased 10% increased 10%

Headline earnings contribution 44% 45%

ROE 21.4% 17.8%

Cost-to-income ratio 52.2% 55.0%

Credit loss ratio 0.33% 0.49%

Gross loans and advances to customers R359 billion R371 billion

Corporate & Investment BankingCorporate and investment banking services to clients including governments, parastatals, larger corporates, financial institutions and multinational corporates

1H17 1H16

Normalised headline earnings as reported by Liberty R1 267 million R1 821 millionIFRS headline earnings attributable to the group R882 million R886 millionHeadline earnings change (0%) (5%)Headline earnings contribution 7% 8%ROE1 15.7% 15.3%Normalised group equity value R40 billion R42 billionThird party funds under management R375 billion R366 billion1 As determined by consolidation of Liberty into SBG.

LibertyLife insurance and investment management activities of the group companies in the Liberty Holdings Group

Partnership with ICBC to serve businesses and individuals trading and investing between China and Africa

On-the-ground presence in 20 African countries

Appropriate presence in pools of capital in 6 international markets: • Beijing• Brazil• Dubai• Hong Kong• London• New York

In, for and across Africa

O�shore financial services: • Isle of Man• Jersey• Mauritius