South Africa captain Graeme Smith on Thursday received the ICC Test Championship mace and prize money of USD 450,000 for leading the team to the top spot in ICC Test rankings on the annual cut-off date of April 1.
Smith received the mace from the ICC's umpires and referees manager, Vince van der Bijl, in a ceremony at the Wanderers in Johannesburg.
"I am truly honoured and humbled to receive the Reliance ICC Test Championship mace and prize money, not just on behalf of myself, the players and the team management but on behalf of all South Africans," said Smith.
"We all appreciate the enormous privilege of representing our country and taking on the responsibility that goes with it," he added.
South Africa have finished at the number one spot for the first time since the current ranking system was introduced in 2003.
India are placed third behind England in the current rankings.