Standard Bank Group Limited · JSE:SBK

Standard Bank — Corporate Update (January 2006)

5 slides from Standard Bank's corporate update, Jan 19, 2006

  1. Slide 1: Black Ownership Initiative: Regional business allocations

    Black Ownership Initiative Regional business allocations 19 Jan 2006 Our empowerment partners - ownership % of empowerment stake The Tutuwa Consortium (Safika and Shanduka) 40 Black management and staff of Standard Bank 40 Regional business and community groupings 20 100 Tutuwa 2

  2. Slide 2: Overview / Regional business groupings

    Overview ƒ 20% of the empowerment stake allocated to regional business and community development groupings ƒ Effective 1.5% interest in SBG ƒ The participation split of the 20% will be as follows: ƒ 10% (10 million SBG shares) to regional business groupings ƒ 10% (10 million SBG shares) to community

  3. Slide 3: Selection criteria / Process

    Selection criteria ƒ To participate, SMEs must: ƒ be more than 50% owned and controlled by black people ƒ have had a minimum of 10 permanent employees since the beginning of 2005 ƒ have been conducting business (primarily in SA) since 1 January 2003 ƒ have annual turnover between R500 000 and R20 mi

  4. Slide 4: Community groupings / Timeline

    Community groupings ƒ This component will be supporting the strategy of social development primarily directed at developing and empowering previously disadvantaged communities ƒ The selection process is currently being evaluated by the Trustees in consultation with the bank ƒ An announcement on this

  5. Slide 5: Slide 5

Standard Bank Group — Corporate Update (January 2006) on 6ix