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URL Link [\Common\DDAP.SPRD.SENS.STORIES\SENS_20210604_S447129.pdf] Symbol [AGLSBS] Symbol [AGLSBR] Symbol [AGLSBQ] Symbol [AGLSBF] Symbol [AGLSBE] Symbol [AGLSBD] SCIB: The Standard Bank Of South Africa - AGL Warrants Terms updateThe Standard Bank of South Africa Limited2021/06/04SCIB: We refer to the announcement published via SENS on 8th April 2021regarding the adjustment of Standard Banks Anglo-American PLC warrantsterms and conditions, the contents of the below announcement replace thosepreviously issued.Following the Anglo-American PLC (?AGL?) unbundling announcement relating tothe unbundling of Thungela Resources Ltd (TGA), Anglo American PLC willunbundle its interest in Thungela Resources Ltd. Each Shareholder will receive oneThungela Resources Ltd share for every 10 Anglo American PLC shares held. Theunbundling will be effective on the 7th June 2021.Following this announcement, notice is hereby given that the terms of the AGLwarrants will be adjusted to place the warrant holders in the same financial position asthey would have been in prior to the unbundling. The warrants will trade as a basketof Anglo-American PLC & Thungela Resources Ltd. on a 1:0.1 ratio on the 7th June2021.The following warrants will be affected by this corporate action: ConversionISIN JSE Code Exercise Price Expiry Exercise Style RatioZAE000293775 AGLSBD R 475.00 240 03-Aug-21 American CallZAE000295630 AGLSBE R 540.00 180 02-Sep-21 American CallZAE000296919 AGLSBF R 600.00 230 02-Nov-21 American CallZAE000294070 AGLSBQ R 390.00 190 03-Aug-21 European PutZAE000295788 AGLSBR R 470.00 200 02-Sep-21 European PutZAE000297149 AGLSBS R 500.00 210 02-Nov-21 European PutThe Effective Date of the adjustment shall be 7th June 2021.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 suchrestrictionsFor further information contact:Standard BankWarrantsTel 0800 111 780Email: [email protected]Issuer: The Standard Bank of South Africa LimitedSponsor: SBG Securities (Pty) Ltd(A subsidiary of the Standard Bank Group Limited)(Incorporated in the Republic of South Africa, 13 March 1962, Registration number1972/008305/07).Date: 04-06-2021 09:50:00Produced 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.