UK Performance Note Issue 1

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1 UK Performance Note Issue 1 Standard Bank Jersey Limited

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3 Recent international awards received by companies within the Standard Bank Offshore Group International Fund and Product Awards 2014 Winner Winner Best International Banking Service Best International Structured Products Provider Awards 2014 Awards 2014 International Fund and Product Awards 2013 Winner Winner Best International Banking Service Best International Structured Products Provider International Fund and Product Awards 2012 Winner Highly Commended Best Expatriate Bank Best International Structured Products Provider Best Expatriate Bank Winner Best International Structured Products Provider Highly Commended 01

4 What does UK Performance Note Issue 1 offer? Capital protection* Stock market linked growth potential over a five year term 75% participation in the Market Performance of the FTSE 100 Index, up to a Maximum Potential Gain of 22% (4.04% AER) How does UK Performance Note Issue 1 work? Potential gain linked to 75% of stock market growth The Market Linked Gain is linked to the Market Performance over a five year term. At maturity, a week later, you will receive back your Initial Investment plus the lesser of 75% of the Market Performance or a Maximum Potential Gain of 22% (4.04% AER). Market Performance is linked to the FTSE 100 Index, which represents the performance of the 100 largest companies by market capitalisation within the UK, traded on the London Stock Exchange. UK Performance Note Issue 1 offers capital protection* if held to maturity. If the FTSE 100 Index has fallen or is unchanged between the Start Level and the End Level, then the Market Performance will be zero, and only the Initial Investment will be returned at maturity. How your Market Linked Gain is calculated 1. The Start Level is recorded as the closing level of the FTSE 100 Index on the Start Date 2. The End Level is calculated using the 19 closing levels of the FTSE 100 Index over the final 18 months of the term on the 18th day of each month. The last closing level is on the End Date. Where the 18th day of the month is not a business day, the closing level of the FTSE 100 Index from the following business day will be used. The average of these 19 closing levels is the End Level 3. The percentage change from the Start Level to the End Level is the Market Performance 4. The Market Linked Gain is calculated as the Market Performance multiplied by 75%, up to a Maximum Potential Gain of 22% (4.04% AER) 5. Your gain over and above your Initial Investment on the Maturity Date is calculated as the amount invested multiplied by the Market Linked Gain Averaging Averaging of the 19 closing levels to calculate the End Level as described above has the effect of smoothing out volatility. If the FTSE 100 Index declines over the final 18 months of the term, averaging may produce a higher gain than a gain if no averaging applied. If the FTSE 100 rises over the final 18 months of the term, averaging may produce a lower gain than a gain if no averaging applied. Please refer to the Definitions section on page 7 for definitions of the capitalised words used in this brochure. 02 * Capital protection refers to the product s design to repay your original investment in full providing you retain your investment to maturity. See Risks and other considerations on page 5 for further details and an explanation of the limitations of the capital protection offered.

5 Overview Due to its higher level of complexity, this product may suit a sophisticated investor. A sophisticated investor is a person who has a sound understanding of more complex investment products of this type and who fully understands the risks as well as the benefits of this type of product. This product may be suitable for sophisticated investors who believe that the FTSE 100 Index will rise moderately and who accept the risk of loss of some or all of their capital invested should the Issuer default on its obligations. See also Suitability on page 5. Investors money will not be invested directly in the FTSE 100 Index but instead will be used to purchase a Medium Term Note (MTN) issued by the Issuer. The Issuer in turn links the performance of the MTN to the performance of the FTSE 100 Index. An MTN is a debt security issued by the Issuer which means that if the Issuer is unable to meet some or all of its obligations for any reason, then the investor will potentially lose some or all of their money invested. The Issuer The Issuer is The Standard Bank of South Africa Limited [Bloomberg: 1011Z SJ Equity] with long term foreign issuer credit rating of BBB- (stable outlook) by S&P at the date of publication* and a long term rating of Baa2 (stable outlook) by Moody s at the date of publication*. Standard & Poor s is an independent credit rating agency which provides credit ratings from AAA (most secure/best) to D (most risky/worst). Moody s is an independent credit rating agency which provides credit ratings from Aaa (most secure/best) to C (most risky/worst). Credit ratings may deteriorate at any time. Key risks UK Performance Note Issue 1 ranks as a senior unsecured obligation of the Issuer and all payments under the MTN are subject to the credit risk of the Issuer UK Performance Note Issue 1 is not a bank deposit and so is not covered by any form of depositor compensation scheme and is not insured by any governmental agency There is a substantial risk of loss of some or all of the capital invested and any potential gains if the Issuer is unable to meet its obligations Unlike direct investments in the stock market, this product does not pay dividends therefore there is an opportunity cost to investors in this product compared with investing in the FTSE 100 Index directly Selling the product before the Maturity Date may result in a loss of capital even if the FTSE 100 Index has risen from its Start Level. Please note the liquidity risk under Term and early exit on page 6 In the event that the End Level of the FTSE 100 Index is lower than its Start Level, only your Initial Investment is designed to be returned on the Maturity Date. Further risks are set out under the Risks and other considerations section below. Key benefits Provides capital protection at maturity Provides the potential for a Market Linked Gain based on 75% of the Market Performance of the FTSE 100 Index, up to a Maximum Potential Gain of 22% (4.04% AER). * June 10,

6 About the Underlying Index Your Sterling investment is linked to the performance of the FTSE 100 Index [Bloomberg: UKX Index]. This Index represents the performance of the 100 largest companies by market capitalisation within the UK, traded on the London Stock Exchange. Five year FTSE 100 Index performance (daily close) 4 June 2010 to 5 June Index level Jun 10 Dec 10 Jun 11 Dec 11 Jun 12 Dec 12 Jun 13 Dec 13 Jun 14 Dec 14 Source: Bloomberg Past performance is not an indicator of future performance An example of what you could get back Following the end of the 5 year 1 week Investment Term you will receive back your original amount invested. You may receive more than this depending on how the FTSE 100 Index has performed. Your Maturity Proceeds on the Maturity Date consist of your Initial Investment and any Market Linked Gain. The table below shows the potential gains based on different performance scenarios. Note that the potential gains shown in the table below are based on 75% of the Market Performance, with a Maximum Potential Gain of 22% (4.04% AER). Market Performance Initial Investment Market Linked Gain Maturity Proceeds AER + 50% 20,000 4,400 24, % + 20% 20,000 3,000 23, % 0% 20, , % -20% 20, , % -50% 20, , % 04

7 Risks and other considerations Capital protection The use of the word protection or security in relation to UK Performance Note Issue 1 refers to the obligation of only the Issuer, to pay the Maturity Proceeds on the Maturity Date. In the event that the Issuer becomes insolvent or otherwise fails to meet its obligations, payment of the Maturity Proceeds is not guaranteed by any other party, including any other member of the Standard Bank Group. This could result in the loss of your Initial Investment and any potential gains. UK Performance Note Issue 1 is not a deposit account. Unlike a deposit account, UK Performance Note Issue 1 is not insured by any governmental agency and will not benefit from any depositor protection scheme. The Issuer is The Standard Bank of South Africa Limited [Bloomberg: 1011Z SJ Equity]. No other member of the Standard Bank Group Limited guarantees, warrants or represents in any way whatsoever that the Issuer will be likely to repay its debt on the Maturity Date. Potential gains Unlike a direct investment in the stock market, UK Performance Note Issue 1 does not pay dividends. If the FTSE 100 Index remains flat or rises between the Start Date and the End Date then your gain will be less than it would have been had you invested directly in the FTSE 100 Index, as you will only receive a proportion of the Market Performance, the End Level used to calculate the Market Performance is subject to averaging over the final 18 months of the Investment Term and the Market Performance is capped at a Maximum Potential Gain of 22% (4.04% AER). However, unlike a direct investment in the FTSE 100 Index, UK Performance Note Issue 1 protects your investment against potential stock market losses. You should be aware that the value of this product and the level of the FTSE 100 Index may be volatile and may fluctuate substantially. Stock markets are experiencing high volatility in asset values and unusual economic conditions and are expected to continue to do so for the foreseeable future. This may have a detrimental effect on the potential gains of your product and the financial stability of the Issuer. Investors and their financial advisers, if any, should conduct their own investigations and, in deciding whether or not to purchase this product should form their own views of the merits of an investment related to the FTSE 100 Index and of the Issuer. The Issuer may make adjustments to the terms or take any other appropriate action in circumstances when this product or the FTSE 100 Index is affected by market disruption, adjustment events or circumstances affecting normal market activities. This may affect the value of the product for which no member of the Standard Bank Group Limited accepts liability. Currency conversion risk If Sterling is different to the currency by which you measure your wealth (your base currency) you should be aware of the effect of currency fluctuations during the Investment Term. When you convert your Sterling investment back to your base currency, the impact of currency fluctuations may be either favourable or unfavourable to the overall value of your wealth. For example, if Sterling weakens relative to your base currency over the Investment Term, your wealth measured in your base currency will decline and on the Maturity Date you may receive back less than your Initial Investment when your proceeds are converted into your base currency. Conversely, if Sterling strengthens relative to your base currency over the Investment Term, your wealth measured in your base currency will be enhanced by the currency movements. Inflation risk Inflation reduces the purchasing power of your proceeds at maturity. Suitability The product may be suitable for sophisticated investors who believe that the FTSE 100 Index will rise moderately, but who seek capital protection on the terms available for this product if this proves not to be the case, and who accept the risk of loss to some or all of their capital invested should the Issuer default on their obligations. If, after reading this brochure, you are not clear about all of the risks and benefits of this product, including those set out under Important information on page 9, please speak with your financial advisor, or seek investment advice if you are not receiving investment advice already. UK Performance Note Issue 1 presents a low to medium risk of loss of some or all of an investor s initial capital when held to maturity. Risk Low High This brochure does not represent investment advice or investment recommendations about the suitability of UK Performance Note Issue 1 to you. You should consult your financial advisor or other applicable advisor(s) before investing in UK Performance Note Issue 1. You should not invest in the product unless you understand and have sufficient financial resources to bear the risks associated with an investment in the product. 05

8 Term and early exit With UK Performance Note Issue 1 you should be prepared to commit your investment until the Maturity Date. Redeeming this product before the Maturity Date is subject to a minimum trade size of 20,000 nominal and the availability of a market bid price from the Issuer. While a secondary market is made for this product, there may not be sufficient liquidity in the market to facilitate a sale. Because liquidity may be restricted, you might not be able to exit the product prior to the Maturity Date. In addition to the Fees & charges specified below, Standard Bank Jersey Limited will deduct a fee for Early Redemption of 1% of the nominal amount from the proceeds, with the Early Redemption Amount paid within 5 Business Days. Redeeming this product before the Maturity Date may result in you receiving back less than your original investment amount irrespective of the level of the FTSE 100 Index at the time. Fees and charges No dealing fee on purchase. An upfront margin is charged and paid to Standard Bank Jersey Limited for this product and is already accounted for in the Purchase Price. The total inherent margin is targeted to be 4% of the amount invested (including paying commissions of up to 2% to your advisor and up to 0.35% to other relevant intermediary platforms) and remains indicative until the Start Date. The margin adversely affects the value of the product and results in investors acquiring the note at a premium equal to the inherent margin, in this case targeted to be 4%. The capital and potential gains stated already take the margin into account. There are no annual management fees. Minimum investment The minimum investment amount for non EU residents is 20,000. The minimum investment amount for EU residents is 100,000. How to apply for UK Performance Note Issue 1 Simply complete the application form at the end of this brochure and return it either to your financial advisor or the relevant office listed in the Contact us section on page 8 of this brochure Offer closes on 11 September 2015 UK Performance Note Issue 1 is a limited offer product and will close on Friday, 11 September 2015, or earlier if fully subscribed. Your custody account must be opened and your application and cleared funds received by Standard Bank Jersey Limited by this date. If you do not already have a custody account open with Standard Bank Jersey Limited please speak with your financial advisor or contact us at one of the offices listed in the Contact us section on page 8 of this brochure in order to open an account. At Standard Bank Jersey Limited s sole discretion, applications received prior to the Tranche 1 Closing Date may be invested in UK Performance Note Issue 1 on the Tranche 1 Start Date. Otherwise they will be allocated for investment on the Tranche 2 Start Date. Any questions? If you have any questions about UK Performance Note Issue 1, or would like help with completing the application form, please do not hesitate to contact us at one of the offices listed in the Contact us section of page 8 of this brochure. What happens next? Monies received will be held in custody by Standard Bank Jersey Limited until the Start Date. The original amount invested will be placed into UK Performance Note Issue 1. Prior to the Start Date, monies held will not earn interest. Please note, investments will be placed in units of 1. Shortly after the Settlement Date you will be sent a contract note which will confirm the settlement of the product into your custody account held with Standard Bank Jersey Limited. You will also receive the terms and conditions published by the Issuer in relation to the product which shall be the terms and conditions that are final and binding on you in relation to the product. The Issuer s final terms will specify the Start Level of the FTSE 100 Index. On the Maturity Date, your Maturity Proceeds will be paid to the custody account which holds your UK Performance Note Issue 1 security at that time. No interest will accrue for the period between the Termination Date and the Maturity Date and the AERs stated in this brochure already take account of this period. 06

9 Definitions Business Day Closing Date Currency Sterling ( ) A day on which commercial banks, foreign exchange markets and relevant stock exchanges are open for general business in the relevant market(s) Either the Tranche 1 Closing Date or Tranche 2 Closing Date, as applicable, or earlier if fully subscribed: Tranche 1 Closing Date = 11 August 2015 Tranche 2 Closing Date = 11 September 2015 Early Redemption Redeeming this product before the Maturity Date is subject to a minimum trade size of 20,000 nominal. Redemption is also subject to the availability of a market bid price from the Issuer. While a secondary market is made for this product, there may not be sufficient liquidity in the market to facilitate a sale. Because liquidity may be restricted, you might not be able to exit the product prior to the Maturity Date. In addition to the Fees & charges specified on page 6, Standard Bank Jersey Limited will deduct a fee for Early Redemption of 1% of the nominal amount from the proceeds, with the net proceeds paid within 5 Business Days Early Redemption Amount End Date End Level Initial Investment Investment Term Issuer Market Linked Gain Market Performance Maturity Date Maturity Proceeds Maximum Potential Gain The net proceeds received by the client following Early Redemption and deduction of the Early Redemption fee The end of the period for measuring Market Performance. Either the Tranche 1 End Date or Tranche 2 End Date, as applicable: Tranche 1 End Date = 18 August 2020 Tranche 2 End Date = 18 September 2020 Average of the closing values of the Underlying Index on the Observation Dates Original capital invested in UK Performance Note Issue 1 on the Start Date 5 years and 1 week from the Start Date to the Maturity Date The Standard Bank of South Africa Limited (Bloomberg: 1011Z SJ Equity] The lower of 75% of the Market Performance and the Maximum Potential Gain Greater of zero or (End Level - Start Level) / Start Level (Capital protection applies even if Market Performance is negative) The date your Initial Investment and your Market Linked Gain, if applicable, will be paid to you. Either the Tranche 1 Maturity Date or Tranche 2 Maturity Date, as applicable: Tranche 1 Maturity Date = 25 August 2020 Tranche 2 Maturity Date = 25 September 2020 The Initial Investment, plus the Market Linked Gain if Market Performance is positive 22% (4.04% AER) over the 5 year and 1 week Investment Term Minimum Investment Amount The minimum investment amount for non-eu residents is 20,000. The minimum investment amount for EU residents is 100,000. Please note, investments will be placed in units of 1. Observation Dates Purchase Price Settlement Date Start Date Start Level Underlying Index Either the Tranche 1 Observation Dates or the Tranche 2 Observation Dates, as applicable. In the event that the 18th calendar day of the month is not a Business Day, then the following Business Day will apply. Tranche 1 Observation Dates = The 18th day of each calendar month from February 2019 to August 2020 inclusive. Tranche 2 Observation Dates = The 18th day of each calendar month from March 2019 to September 2020 inclusive. 100% of nominal amount invested Either the Tranche 1 Settlement Date or Tranche 2 Settlement Date, as applicable: Tranche 1 Settlement Date = 25 August 2015 Tranche 2 Settlement Date = 25 September 2015 The start of the period for measuring Market Performance. Either the Tranche 1 Start Date or Tranche 2 Start Date, as applicable: Tranche 1 Start Date = 18 August 2015 Tranche 2 Start Date = 18 September 2015 Official closing value of the Underlying Index on the Start Date FTSE 100 Index [Bloomberg: UKX Index] 07

10 Contact us Existing clients should contact their financial advisor in the first instance. New clients who wish to meet with a financial advisor in their home country should contact the office in the location of their choice, as detailed below. Alternatively, please direct your query to the Gauteng office. Jersey Mark Knight Standard Bank Jersey Limited Standard Bank House PO Box La Motte Street St Helier Jersey JE4 8XR Telephone: + 44 (0) mark.knight@standardbank.com London Neil Shanghvi Standard Advisory London Limited 20 Gresham Street London EC2V 7JE Telephone: + 44 (0) neil.shanghvi@standardsbg.com Africa Hazel Davids The Standard Bank of South Africa Limited 7th Floor, West Wing 30 Baker Street Rosebank, 2196 Telephone: +27 (0) offshoreafrica@standardbank.co.za South Africa Eastern Cape Deborah Castagne The Standard Bank of South Africa Limited 2nd Floor, Standard Bank Building No 1 Pickering Street, Newton Park Port Elizabeth, 6045 PO Box 35075, Newton Park, 6055 Telephone: + 27 (0) offshoreknz@standardbank.com KwaZulu Natal Peter McCulloch The Standard Bank of South Africa Limited Standard Bank Centre 1 Kingsmead Way, Kingsmead Durban 4000 Telephone: +27 (0) offshorekzn@standardbank.com Gauteng, Mpumalanga, Limpopo and Free State Erik Olwagen The Standard Bank of South Africa Limited 7th Floor, West Wing 30 Baker Street Rosebank, 2196 Telephone: +27 (0) offshoregtg@standardbank.co.za Western Cape and Southern Cape Fiona du Toit The Standard Bank of South Africa Limited 3rd Floor Protea Place Cnr Protea and Dreyer Roads, Claremont 7700 PO Box 286 Newlands 7725 Telephone: +27 (0) offshorecp@standardbank.co.za 08

11 Important information THIS SUMMARY BROCHURE HAS BEEN PREPARED FOR INFORMATION PURPOSES ONLY AND IS NOT AN OFFER (OR SOLICITATION OF AN OFFER) TO BUY OR SELL THE PRODUCT. THE TERMS AND CONDITIONS PUBLISHED BY THE ISSUER IN RELATION TO THE PRODUCT MAY DIFFER FROM THE TERMS SUMMARISED IN THIS BROCHURE. IT IS THEREFORE IMPORTANT THAT YOU READ THE FINAL TERMS UPON RECEIPT THEREOF FROM US OR YOUR ADVISOR AFTER THE TRADE IS PLACED. PLEASE NOTE THAT THE FOLLOWING INFORMATION WILL ONLY BE MADE AVAILABLE TO YOU AFTER THE TRADE AS THIS INFORMATION IS DEPENDENT ON THE TRADE: THE LEVEL OF FEES, THE START LEVEL, THE START DATE, THE SETTLEMENT DATE, THE END DATE, THE MATURITY DATE AND THE OBSERVATION DATES. PLEASE BE AWARE THAT THIS INFORMATION IS ONLY MADE AVAILABLE TO YOU AFTER THE TRADE SO THAT THE BEST POSSIBLE EXECUTION IS OBTAINED FOR YOU AT THE TIME OF TRADE. THIS IS TO ENSURE THAT THE TRADE IS PLACED IN YOUR BEST INTEREST. YOU MUST NOTIFY US IF FOR ANY REASON YOU HAVE NOT RECEIVED A COPY OF THE FINAL TERMS WITHIN 30 DAYS OF THE START DATE. This brochure highlights only some of the main features, benefits and risks of the product and is not a substitute for the final documents published by the Issuer, which set out greater detail for UK Performance Note Issue 1 and the MTN programme of the Issuer. This brochure should not be construed as a commitment by Standard Bank Jersey Limited (SBJL) or the Issuer, or any of their affiliates to enter into a transaction, to sell securities or to accept funds or to provide any other products or services in any jurisdiction, in particular to any person to whom it is unlawful to make such an offer or solicitation. Please note that in the case of this product being distributed through a financial advisor, neither SBJL, nor any of its affiliates, nor their employees shall be liable for any advice, action or omission on the part of the financial advisor distributing this product to investors. Specifically, SBJL shall not be liable for the compliant marketing of the product by any financial advisor, including the jurisdictional requirements, type of customer and distribution method for the product, for which the financial advisor retains sole responsibility. Financial advisors have their own terms and conditions and fees and charges may apply. The requirements for a public offer, as defined by the European Prospectus Directive 2003/71/EC, in a Member State of the European Economic Area and in Switzerland are not fulfilled. Consequently, the securities may not be offered to the public in any of the member states of the European Economic Area and in Switzerland where a publication of a prospectus pursuant to Article 3 of the same Prospectus Directive would be required. US persons may not invest in this product. Legislation or regulations in jurisdictions relevant to you may prohibit you from entering into certain transactions with us and we strongly recommend that you contact your financial or legal adviser in this regard. It is your responsibility for informing yourself of and complying with such restrictions. SBJL is not acting as an adviser or fiduciary, and neither this brochure nor any related communications should be treated as constituting financial, investment or other advice of any kind, or as a recommendation to enter into any transaction. A number of assumptions have been made in preparation of this brochure particularly but not exclusively in relation to the commercial terms upon which any deals may eventually be struck. As such, any commercial terms quoted are indicative and these may change at any time without notice and therefore no assurance can be given as to the accuracy and/or completeness of this brochure. Any subsequent offer to enter into a transaction will be made on the terms at the time and will be subject to the conditions specified by the Issuer at that time. If a transaction is entered into, its terms will be found entirely in the final documentation to the exclusion of all prior written and oral communications. This brochure should not, therefore, be regarded as containing any representations concerning the content of such terms or any other matter. Accordingly, neither SBJL nor any of its affiliates assumes any responsibility for the contents of this brochure, or for any written or oral communication in connection with it (or any prospective transaction), regardless of any negligence on their part. Distinct from the Issuer as the issuer of this product, SBJL as provider makes this product available to investors. SBJL acts solely as intermediary in this transaction and has taken reasonable steps to represent the risks, rewards and outcomes of this product as provided by the Issuer. This brochure cannot disclose all of the risks and other significant aspects of this product. Investment decisions should not be made solely on the basis of the risk factors contained in this brochure. Consequently SBJL is under no obligation of payment or compensation in the event of the Issuer failing to meet its financial obligations. Neither will any liability be accepted for loss of expectation, or failure by the Issuer to disclose any material fact to SBJL. All calculations or valuations made by the Issuer will be at its sole and absolute discretion in line with its understanding of the terms offered and on a basis which it deems fair and appropriate, and will be conclusive and binding on all holders of this product. In the event of a market disruption or corporate action relating to the Underlying Index, the Issuer and SBJL will, at their discretion, agree a suitable replacement and/or suitably recalculate the Start Level and/or End Level for the Underlying Index. In the event of a relevant official closing level of the Underlying Index not being available for any reason on the Start Date or on the End Date, it is expected that the following Business Day where the official closing level for the Underlying Index is available will be used as the Start Date or End Date, this will however be determined by the Issuer at their sole discretion. No subsidiary of Standard Bank Offshore Group Limited or the Issuer is a tax adviser and nothing in this brochure is intended to be nor should be construed as tax advice. If you are in any doubt as to your personal tax position, you should seek tax advice from a suitably qualified tax adviser. The information contained herein cannot serve as a substitute for independent advice which is tailored to the requirements, investment objectives, experience, knowledge and circumstances of each prospective investor. SBJL has prepared this brochure and is regulated by the Jersey Financial Services Commission (JFSC) to conduct investment business. SBJL is a wholly-owned subsidiary of Standard Bank Offshore Group Limited whose registered office is La Motte Street, St Helier, Jersey, JE2 4SZ, Channel Islands. Details of the extent of SBJL s regulation by the JFSC are available from us on request. Investors will not, in relation to their investment in this product, be entitled to compensation from the Jersey Banking Depositor Compensation Scheme, further details of which are available on the States of Jersey website, or can be made available on request. This brochure is also made available by SBJL subject to its standard terms and conditions which apply to the provision of investment business services by SBJL. Should you require a custody account for this product, please read the Securities and Deposits comparison table as well as the literature of our custody accounts. These documents can all be found on our website Standard Bank Group consists of Standard Bank Group Limited and all affiliated entities and subsidiaries. The fully completed application form and cleared funds, together with any supporting documentation, must be received by SBJL by Friday, 11 September The offer may close earlier if fully subscribed. SBJL reserve the right, prior to the Start Date, to (i) withdraw this product and return your investment to your originating account or (ii) amend, vary or add to this brochure, upon notification of material amendments in writing. Applicants will have the opportunity to withdraw their investment application within 10 days of being notified of such amendments. Use of the product or this product refers to UK Performance Note Issue 1. To the extent permitted by law, no responsibility or liability is accepted by Standard Bank Jersey Limited for any inaccuracies, omissions, mistakes or errors by a third party which impact the calculation of the Maturity Proceeds, including the provision of the Start Level and End Level of the Underlying Index. Telephone calls may be recorded. Important note for UK investors This document has been approved for the purposes of section 21 of the Financial Services and Markets Act 2000 (FSMA) by Standard Advisory London Limited authorised and regulated by the Financial Conduct Authority. Prospective clients residing in the UK should be aware that the protections provided to clients by the UK regulatory system established under FSMA do not apply to any services or products provided by any entity within the Standard Bank Offshore Group of companies. In particular, clients will not be entitled to compensation from the Financial Services Compensation Scheme, nor will they be entitled to the benefits provided by the Financial Ombudsman Service or other protections to clients under FSMA. The Standard Bank of South Africa Limited ( SBSA ) is an authorised Financial Services Provider ( FSP ) number The Standard Bank of South Africa Limited is authorised to provide financial services for the following products: Long-Term Insurance A, B1, B2 and C; Short Term Insurance; Personal Lines and Commercial Lines; Retail Pension Benefits; Securities and Instruments: shares, money market, debentures and securitized debt, warrants, bonds, and derivative instruments; Collective Investment Schemes; Foreign currency denominated investments; and Long and Short term deposits. The compliance officer s details: / Groupfaiscomplianceofficer@standardbank.co.za. The Standard Bank of South Africa Limited holds professional indemnity insurance cover. South African clients need to ensure they operate within the confines of Exchange Control regulations. You should consult your financial advisor or other applicable advisor(s) before investing in the product described above. You should not invest in the product unless you understand the product fully including how the product operates, the product s risks and benefits and also have sufficient financial resources to bear the risks associated with an investment in the product. HGR /

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13 UK Performance Note Issue 1 - Application form Client number (for existing clients) Custody current number (for existing custody clients) New client New custody client Name(s): I/We wish to invest the following amounts: UK Performance Note Issue 1 (minimum 20,000 for non EU residents, or 100,000 for EU residents) investments will be placed in units of 1 or SA rand equivalent in words Payment Instructions: 1: Debit my/our account (quoted below) with Standard Bank Jersey Limited: Sterling account number Other currency account number Tick the box if FX required Specify currency: Amount: or equiv 2: Funds by electronic transfer (state amount, currency and bank name): if funds are received less charges, this amount will be placed 3: Cheque (state amount and currency): 4: Other: Additional details (if applicable) If all or part of the funds are new funds to Standard Bank, please indicate how the new funds were generated - for example: salary/bonus, inheritance, sale of business etc: I / We hereby confirm that I / we wish to invest in UK Performance Note Issue 1 and agree to be bound by the Issuer s final terms and conditions of the product. I / We agree that, in line with the instructions given above, my custody account will be funded prior to the Settlement Date and on the Settlement Date the amounts described above will be debited from my custody account in order to invest in the UK Performance Note Issue 1 product. I / We fully understand the features, risks and benefits of this product, and have been provided with sufficient information, as outlined in the brochure Yes No I / We agree that the Investment Term of 5 years and 1 week is appropriate for my / our investment needs Yes No I / We understand that the Issuer is The Standard Bank of South Africa Limited Yes No I / We understand that capital protection at maturity is dependent on the Issuer meeting its obligations in full on the Maturity Date Yes No Applicant 1 Applicant 2 Signature Signature Date Date of birth Date Date of birth If you do not hold a custody account with Standard Bank Jersey Limited (SBJL), please return this application form together with a completed custody account application form. Cleared funds must reach SBJL s account by 11 September 2015 to take advantage of the terms offered. Please contact your financial advisor for further information regarding this product. Standard Bank Jersey Limited is regulated by the Jersey Financial Services Commission to conduct investment business and is a wholly owned subsidiary of Standard Bank Offshore Group Limited whose registered office is La Motte Street, St Helier, Jersey, JE2 4SZ, Channel Islands. By signing this application form, South African nationals and those resident on the African continent give consent to Standard Bank Jersey Limited to disclose your account number(s) and account balance(s) to The Standard Bank of South Africa Limited for the purposes of UK Performance Note Issue 1. This temporary disclosure allows us to improve our service to you. Please indicate in writing to Standard Bank Jersey Limited if you do not wish to provide such consent. Telephone calls may be recorded. For office use only Offshore code P/Banker code IFA/SBFC code Name Name Name From the client s perspective, this is an execution-only transaction Yes No HGR UK Performance Note Issue 1 application form Page 1 of 1

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