ABSA BANK LIMITED - Redemption of note due to autocall - AMB353

Redemption of note due to autocall - AMB353

ABSA BANK LIMITED
(Registration number 1986/004794/06)
JSE Alpha Code: ASN353
ISIN: ZAE000275525

REDEMPTION OF ASN353 FINANCIAL INSTRUMENT

In terms of paragraphs 26(b) of the Applicable Pricing Supplement, the Anniversary Index Level on 9 July 2021 was
greater than the Anniversary Autocall Level, triggering an Autocall Event resulting in an automatic Early Redemption and
termination.

Accordingly the ASN353 note has been suspended from trading today, Thursday, 22 July 2021. ASN353 will redeem
and automatically terminate with effect from 27 July 2021.

JSE Short Code                                        ABMBSN353
JSE Alpha Code                                        ASN353
JSE Long Code                                         ABMBSN353-05June2023
ISIN                                                  ZAE000275525
Issue Size                                            20,000
Payment (per unit)*                                   R1,140.00
Last Date to Trade                                    Tuesday, 20 July 2021
Record Date                                           Friday, 23 July 2021
Payment Date                                          Monday, 26 July 2021
Termination Date                                      Tuesday,27 July 2021

Settlement will happen outside of Strate.

Following the full redemption, there will be RNil ASN353 Notes in issue.

* Holders of ASN353 are advised 43,000 units were unwind in 2019 and the settlement took place outside of Strate. The
expiry price is based on the remaining issue size of 19,957 units of ASN353.



22 July 2021

Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited

Date: 22-07-2021 11:45:00
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