Company Announcements

Standard Bank Group Limited

31 March 2020

Update announcement and details of investor call

Shareholders are referred to the group's announcement in relation to its financial information for the year ended 31 December 2019 ("Financial Results Announcement"), published on 5 March 2020.

While the COVID-19 pandemic continues to unfold and countries respond to this crisis in different ways, there is a high degree of uncertainty regarding the impact it will have on Standard Bank's financial performance in the 2020 financial year. Accordingly, shareholders are advised that the outlook and guidance provided as part of the Financial Results Announcement, are hereby withdrawn.  

The group will continue to assess these impacts and will provide appropriate disclosures and updates when sufficient certainty exists and as required.

The information contained in this announcement has not been reviewed or reported on by the group's auditors.

Investor call

Standard Bank will host an investor call at 17h00 (South Africa time) today, 31 March 2020.  Please use the following link to register for the call - www.diamondpass.net/8235048

Teleconference details:
SA: 010 500 4108

UK: 0 203 608 8021
USA: 1 412 317 0088

International: +27 10 500 4108
 

Participants will receive their dial-in number upon registration and be required to state their name and company upon entering the call.

Replay Access Code: 32440 - available 1 hour after the end of the conference, end date: 9 April 2020

The call details will also be available on the Standard Bank Group Investor Relations website -

https://reporting.standardbank.com/

For further information, please contact:

Ann Hunter

Standard Bank Group Limited
9th Floor
5 Simmonds Street, Johannesburg PO Box 2001
South Africa
Telephone number: +27 11 415 4194

DISCLAIMER

This Announcement is not intended to, and shall not, constitute or contain an offer to sell or solicitation of an offer to purchase the securities referred to herein by any person in any jurisdiction where it is unlawful to make an offer or solicitation. The distribution of the Announcement and the offer or sale of the securities referred to herein in certain jurisdictions is restricted by law. This Announcement may not be used for or in connection with, and does not constitute, any offer to, or solicitation by, anyone in any jurisdiction or under any circumstance in which such offer or solicitation is not authorised or is unlawful.

In the United Kingdom, this Announcement is being distributed only to, and is directed only at, persons who are (i) investment professionals, as such term is defined in Article 19(5) of the U.K. Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the Financial Promotion Order); (ii) persons falling within Article 49(2)(a) to (d) (“high net worth companies, unincorporated associations, etc.”) of the Financial Promotion Order; (iii) outside the United Kingdom; or (iv) persons to whom an invitation or inducement to engage in investment activity (within the meaning of Section 21 of the Financial Services and Markets Act 2000) in connection with the issue or sale of any Notes may otherwise lawfully be communicated or caused to be communicated.

The securities referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended (the Securities Act), or with any securities regulatory authority of any state or other jurisdiction of the United States, and may not be offered or sold in the United States or to US persons (as such term is defined in Regulation S under the Securities Act) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the US Securities Act. The issuer of the securities has not registered, and does not intend to register, any portion of the offering in the United States, and does not intend to conduct a public offering of the securities in the United States.

Your right to access this service is conditional upon complying with the above requirement.