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URL Link [\Common\DDAP.SPRD.SENS.STORIES\SENS_20200129_S425994.pdf] Symbol [BATSBP] Symbol [BATSBO] Symbol [BATSBN] Symbol [BATSBA] SCIB: The standard Bank Of South Africa: warrants terms amendmentThe Standard Bank of South Africa Limited2020/01/29ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARDBANK SIBANYE GOLD LTD WARRANTSFollowing the Brait SE (?BAT?) announcement on the rights Issue, BAT shareholderswill receive rights to take up 1.687 BAT shares for every 1 BAT shares.Following this announcement, notice is hereby given that the terms of the BATwarrants will be adjusted to place the warrant holders in the same financial positionthey were prior to the rights offer ex-date. The terms of the warrants shall bedetermined at the close of business on 28th January 2020.The following warrants will be affected by this corporate action:Existing Terms Exercise Conversion ExerciseISIN JSE Code Expiry Price Ratio Style ZAE000281259 BATSBA R 16.00 14 04-Aug-20 American Call ZAE000276879 BATSBN R 13.50 7 03-Mar-20 American Call ZAE000277919 BATSBO R 17.00 10 03-Mar-20 American Call ZAE000281382 BATSBP R 13.00 9 04-Aug-20 European PutNew Terms Exercise Conversion ExerciseISIN JSE Code Expiry Price Ratio Style ZAE000281259 BATSBA R 11.48 10.05 04-Aug-20 American Call ZAE000276879 BATSBN R 9.69 5.02 03-Mar-20 American Call ZAE000277919 BATSBO R 12.20 7.17 03-Mar-20 American Call ZAE000281382 BATSBP R 9.33 6.46 04-Aug-20 European PutThe Effective Date of the adjustment shall be 29th January 2020.The JSE Limited (JSE) Issuer Services Division has approved the adjustment of theabove-mentioned warrants.This Notice together with the Common Terms Document and Conditions Annexurerecord the terms and conditions of the agreement between the Parties. Any termsused in this Notice which are defined in the Common Terms Document, ConditionsAnnexure and the relevant Supplements shall bear the meaning ascribed to themtherein, unless specifically stated otherwise herein. Other than as set out herein, theterms and conditions set out in the Common Terms Document, Conditions Annexureand relevant Supplements remain unchanged and in full force and effect.Please note that Share Instalments are subject to selling restrictions and prospectivepurchases are referred to the relevant Conditions Annexure for details of suchrestrictions.Date: 29-01-2020 08:00:00Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.