ABSA GROUP LIMITED - Full Capital Redemption - BGL14

Full Capital Redemption - BGL14

Absa Group Limited (formally known as Barclays Africa Group Limited)
(Incorporated with limited liability in South Africa under registration number 1986/003934/06)
Bond Code: BGL14
ISIN Code: ZAG000140203
(“Absa Group” or the “Issuer”)

FINANCIAL INSTRUMENTS EARLY REDEMPTION – BGL14

Absa Group – Tier 2 Notes, with stock codes BGL14 (the “Notes”) were issued with a final Maturity
Date of 3 November 2026 respectively, however, are redeemable at the Issuer’s option on 3 November
2021 (the “First Optional Redemption Date”) in accordance with Condition 11.4 (Redemption at the
option of the Issuer (Issuer Call)) of the Terms and Conditions of the Notes (as read with the relevant
Applicable Pricing Supplements).

In accordance with Condition 18 (Notices) of the Terms and Conditions of the Notes, notice is hereby
given to Noteholders of the Notes that the Issuer has exercised its option to early redeem the Notes
on 3 November 2021. Payment of the redemption amount, together with applicable interest, will be
effected on the First Optional Redemption Date.

The redemption amount of the Notes is ZAR500,000,000 nominal, and the nominal amount
outstanding of the Notes after the redemption will be ZAR0.00. Absa Group will remain compliant in
terms of its capital adequacy requirements subsequent to the early redemption of the Notes. Details
of the redemption amount of the Notes are detailed below:

               Capital Redemption Amount              Amount Outstanding of the Notes After
                                                      Capital Redemption

 BGL14         ZAR500,000,000                         ZAR0.00



05 October 2021

Debt sponsor
Absa Bank Limited (acting through its Corporate and Investment Banking division)

Date: 05-10-2021 08:00:00
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