Credit ratings

The latest credit ratings for entities within the Standard Bank Group are detailed below:

  Short-term Long-term Outlook

The Standard Bank of South Africa Limited (SBSA)

      
Fitch Ratings (August 2005)      
Foreign currency F2 BBB+ Stable
Local currency   A- Positive
National F1+(zaf) AA+(zaf) Stable
Standard & Poor’s (November 2005) public information rating      
Local currency   BBBpi  
Moody’s Investors Services (January 2005) public information rating      
Bank deposit rating P-2 Baa1 Stable

Standard International Holdings Limited

      
Fitch Ratings (August 2005)      
Foreign currency F2 BBB+ Stable
Moody’s Investors Services (July 2005)      
Issuer rating   Baa2 Stable

Standard Bank Plc

      
Fitch Ratings (August 2005)      
Foreign currency F2 BBB+ Stable
Moody’s Investors Services (July 2005)      
Issuer rating P-2 Baa1 Stable

Liberty Life

      
Fitch Ratings (July 2005)      
National   AA-(zaf) Stable

RSA Sovereign ratings: Foreign currency

      
Fitch Ratings   BBB+  
Standard & Poor’s   BBB+  
Moody’s Investors Services   Baa1  

RSA Sovereign ratings: Local currency

      
Fitch Ratings   A-  
Standard & Poor’s   A+  
Moody’s Investors Services   A2  
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