OREANDA-NEWS. Shareholders are advised that the voting results for the Annual General Meeting ("AGM") of the Standard Bank Group held at 09h00 on Thursday, 28 May 2015 were as follows:

Re-solution

Number

Number of shares voted

% of shares in issue

For*

%

Against*

%

Abstained**

%

1

Ordinary Resolution: Adopt audited annual financial statements

1,314,303,128

81.12

99.99

0.01

0.182

2.1

Ordinary Resolution: Re-election of Richard Dunne as a director

1,316,150,094

81.24

99.73

0.27

0.068

2.2

Ordinary Resolution: Re-election of Thulani Gcabashe as a director

1,316,153,185

81.24

99.76

0.24

0.068

2.3

Ordinary Resolution: Re-election of Shu Gu as a director

1,316,152,885

81.24

99.26

0.74

0.068

2.4

Ordinary Resolution: Re-election of Kgomotso Moroka as a director

1,316,150,094

81.24

99.76

0.24

0.068

 

2.5

Ordinary Resolution: Re-election of Atedo Peterside CON as a director

1,316,153,185

81.24

99.18

0.82

0.068

3.1

Ordinary Resolution: Re-appointment of KPMG Inc. as auditors

1,316,147,909

81.24

99.91

0.09

0.068

3.2

Ordinary Resolution: Re-appointment of Pricewaterhouse Coopers Inc as auditors

1,316,147,909

81.24

99.90

0.10

0.068

4

Ordinary Resolution: Place unissued ordinary shares under control of directors

1,316,140,655

81.24

76.14

23.86

0.069

5

Ordinary Resolution: Place unissued preference shares under control of directors

1,316,139,894

81.24

93.53

6.47

0.069

6

Non-binding advisory vote on remuneration policy

1,315,786,516

81.22

98.26

1.74

0.090

7

Special Resolution:

Approve non-executive directors' fees

7.1

Chairman

1,316,138,863

81.24

87.03

12.97

0.069

7.2

Director

1,316,138,675

81.24

99.69

0.31

0.069

 

7.3

International Director

1,316,138,675

81.24

98.98

1.02

0.069

7.4

Group Directors' Affairs Committee

7.4.1

Chairman

1,316,137,066

81.24

96.57

3.43

0.069

7.4.2

Member

1,316,137,066

81.24

99.99

0.01

0.069

7.5

Group Risk and Capital Management Committee

0.069

7.5.1

Chairman

1,316,039,163

81.23

99.89

0.11

0.069

7.5.2

Member

1,316,134,935

81.24

99.99

0.01

0.069

7.6

Group Remuneration Committee

7.6.1

Chairman

1,316,139,163

81.24

96.57

3.43

0.069

7.6.2

Member

1,316,138,863

81.24

99.99

0.01

0.069

7.7

Group Social and Ethics Committee

7.7.1

Chairman

1,316,137,066

81.24

96.60

3.40

0.069

7.7.2

Member

1,316,137,066

81.24

99.99

0.01

0.069

7.8

Group Audit Committee

7.8.1

Chairman

1,316,139,163

81.24

99.89

0.11

0.069

7.8.2

Member

1,316,139,163

81.24

99.99

0.01

0.069

7.9

Group IT Committee

7.9.1

Chairman

1,316,089,163

81.23

96.57

3.43

0.069

7.9.2

Member

1,316,137,066

81.24

99.99

0.01

0.069

7.10

Ad hoc meeting attendance

1,316,077,190

81.23

99.89

0.11

0.072

8

Special resolution

General authority to acquire the company's ordinary shares

1,315,880,345

81.22

99.87

0.13

0.085

9

Special resolution

General authority to acquire the company's non-redeemable preference shares

#

#

99.89

0.11

#

10

Special resolution

Loans or other financial assistance to related or inter-related companies

1,316,152,885

81.24

98.03

1.97

0.068


 *In relation to the total number of shares voted at the AGM.

**Based on 1 620 125 947 shares (excludes 12 807 677 treasury shares) in issue at the date of the AGM.

# The holders of the non-redeemable, non-cumulative, non-participating preference shares (2nd preference shares) were entitled to vote on this resolution and were entitled to that portion of the total votes in the company which the aggregate amount of the nominal value of the shares held by such shareholders bears to the aggregate amount of the nominal value of the value of the ordinary and 2nd preference shares issued by the company.

Based on the above results, all resolutions were passed by the requisite majority of ordinary and preference shareholders present in person or represented by proxy at the AGM.

RETIREMENT OF DIRECTORS

Fred Phaswana and Lord Smith of Kelvin, KT retired from the boards of Standard Bank Group and The Standard Bank of South Africa Limited (collectively 'the boards') at the conclusion of each company's AGM.  The boards' expressed their appreciation for the contributions that they have made during their time with the group and wished them well in their future endeavours.