NEF AND STANDARD CHARTERED BANK PARTNER …

1 MEDIA RELEASE: NEF AND STANDARD CHARTERED BANK PARTNER TO INSPIRE A BRIGHT FUTURE FOR YOUNG LEARNERS A public-private sector partnership in support of National Bring a Girl-Child to work Day SANDTON, 31st May 2012: The National Empowerment Fund (NEF) in a joint initiative with international banking group, STANDARD CHARTERED , will host 18 girls from rural disadvantaged schools as part of the national Take a Girl Child to Work campaign. The initiative started nine years ago with an aim to address the under-representation of women in the formal economy. The initiative has enjoyed unsurpassed success which led to an overwhelming support within both the private and public sectors respectively. The joint initiative between NEF and STANDARD CHARTERED will provide a platform for girl children to experience the world of work first hand.

2 The girls will be exposed to a wide range of opportunities that await them in the job market , both locally and internationally, as well as creating an opportunity for them to meet positive role models in their chosen field of career interest. The joint initiative between NEF and STANDARD CHARTERED is anchored on the belief in the potential of every girl child, and a need to expose them to career opportunities and resources that exist within both organisations respectively. The targeted schools for this year are Thembeka and Khumbula High Schools in Mpumalanga, Tshebela and Mmamokgari High School in Limpopo, Boijane High School in the Northern Cape, Velile High school in the Eastern Cape, St. Victor High school in KZN and Reutlwahetsi High School in the Free State. The learners arrive in Johannesburg on the 30 May and an intensive program has been planned for their stay with the two companies, for the 31 May 2012.

3 Among the key elements of the program during their stay will be a visit to both NEF and STANDARD CHARTERED Bank s offices in Sandton, where they will be exposed to 1) National Employment Fund s skills development for expanding Entrepreneurs - The merits of an effective business Plan - The Financial and non-financial forms of support for a small businesses - What makes a successful entrepreneur? - How does an entrepreneur access developmental funding opportunities? 2) Experience a Financial Markets Dealing Desk within an international bank first-hand - Introduction to an international specialist Dealing Room team - Overview by the Head of Financial market Sales, Dean Worrall on how STANDARD CHARTERED s dealing room operates, how the desk participates in global Financial Markets, and what financial products the dealing room offers for the benefit of companies in South Africa - Brief demonstration of a more simple foreign exchange product ( an interest rate swap), - How does a swap works and how can it help South African corporates?

4 3) How Human Resources works in an international bank which has 85,000 staff in more than 70 countries across the world - What is it like to work in HR for an international bank, like STANDARD CHARTERED ? What qualifications would one need? - What functions, services and support does HR provide to maintain STANDARD CHARTERED s reputation of a great place to work and a leading employer in Africa, the Middle East and Asia. 4) Insight into how a successful International Graduate Recruitment Program works - Learn about STANDARD CHARTERED s innovative and international recruitment program available to graduates across the world - Personally meet some of the staff graduates of the Bank s Graduate Recruitment Program who now work in full time roles in the Bank s branch in South Africa 5) What is DIVERSITY & INCLUSION ( D&I ) and the HIV CHAMPION NETWORK?

5 - Meet some of the Bank s staff volunteer Champions for the D&I and HIV campaigns - Learn how the Bank embeds these strategic values into the DNA of the Bank s culture - What do these campaigns mean for the Bank? How do staff and communities benefit? Both the NEF and STANDARD CHARTERED realise the benefit of empowering and inspiring learners to reach their full potential by giving them a taste of the diverse opportunities that not only lie within South Africa, but also beyond our borders in an increasingly globalised world. End. Media Enquiries Lauren Callie STANDARD CHARTERED Bank Head of business Comm s Africa Mobile +27 (0)82 894 5581 Email: Emmanuel Mohlamme NEF Deputy Manager: Marketing & Communications 071 671 9560 / 011 305 8191 or Notes for Editors: STANDARD CHARTERED leading the way in Asia, Africa and the Middle East STANDARD CHARTERED is a leading international banking group.

6 It has operated for over 150 years in some of the world's most dynamic markets and earns more than 90 per cent of its profits in Asia, Africa and the Middle East. This geographic focus and commitment to developing deep relationships with clients and customers has driven the Bank s growth in recent years. STANDARD CHARTERED PLC is listed on the London and Hong Kong stock exchanges as well as the Bombay and National Stock Exchanges in India. With 1,700 offices in 70 markets, the Group offers exciting and challenging international career opportunities for nearly 87,000 staff. It is committed to building a sustainable business over the long term and is trusted worldwide for upholding high standards of corporate governance, social responsibility, environmental protection and employee diversity. STANDARD CHARTERED s heritage and values are expressed in its brand promise, Here for good In Africa the Bank has operated for over 150 years and has a strong presence in 16 markets.

7 Given its unique footprint, STANDARD CHARTERED is well-positioned to facilitate and support valuable trade and investment corridors intra-Africa, and between Africa and the rest of the world. In South Africa the Bank dates back to 1862 from its previous shareholding in STANDARD Bank of British South Africa. Having divested in 1987, the Bank later returned as a representative office before acquiring a banking license in 2003. Today, STANDARD CHARTERED South Africa focuses on its successful Wholesale Banking strategy, offering corporates and multinationals unparalleled support in cross-border capital, investment opportunities, assistance with expansion into new markets and facilitation of strategic partnerships. The Johannesburg Branch boasts regional centres of expertise in: Transaction Banking; Capital Markets; Project & Export Finance (Telecoms & Infrastructure, Mining & Metals); Corporate Advisory & Finance (M Private Equity; Agricultural Finance; Financial Institutions; Origination & Client Coverage; Global Markets etc.)

8 For further information please visit Follow STANDARD CHARTERED at and on Twitter About the National Empowerment Fund The NEF was established by the National Empowerment Fund Act No 105 of 1998 in order to promote and facilitate black economic equality and transformation. Its mandate and mission is to be a catalyst for Broad-Based Black Economic Empowerment (BB-BEE) in South Africa. The objectives of the NEF are to finance and support business enterprises owned and managed by black entrepreneurs, as well as to promote savings and investment schemes for black people and, in so doing, to develop an understanding of equity ownership and a culture of savings amongst its beneficiaries. Until the Asonge Share Scheme was launched in June 2007, the activities of the NEF centred principally on providing financing and support for black empowered business and entrepreneurs.

9 The establishment and promotion of a savings and investment culture amongst all black people, supported by clear and accessible savings and investment products, is key to assisting South Africans to move to full participation in the first economy.