ABSA BANK LIMITED - Interest Rate Resets - ASN007-ASN034

Interest Rate Resets - ASN007-ASN034

ABSA BANK LIMITED
(Incorporated with limited liability in South Africa under registration number 1986/004794/06)

Bond Issuer Code:            ASN007
ISIN Code:                   ZAG000113630

Bond Issuer Code:            ASN011
ISIN Code:                   ZAG000114133

Bond Issuer Code:            ASN012
ISIN Code:                   ZAG000114364

Bond Issuer Code:            ASN014
ISIN Code:                   ZAG000114604

Bond Issuer Code:            ASN028
ISIN Code:                   ZAG000118266

Bond Issuer Code:            ASN034
ISIN Code:                   ZAG000120502


INTEREST RATE RESETS

Notice is hereby given that the 3 month JIBAR rate as at 22 December 2014 is 6.092% p.a.
(“JIBAR”).

Accordingly, the next interest payment, payable on 20 March 2015 (*Following), for the period 22
December 2014 to 19 March 2015, will be calculated based on the following rates:

ASN007                                   7.092% p.a. (100bps over JIBAR)
ASN011                                   7.792% p.a. (170bps over JIBAR)
ASN012                                   9.498% p.a. (I=SD*(FIX-FIR)*DCF)**
ASN014                                   7.752% p.a. (166bps over JIBAR)
ASN028                                   8.192% p.a. (210bps over JIBAR)
ASN034                                   8.192% p.a. (210bps over JIBAR)

* When the Interest Payment Date falls on a non business day, such Interest Payment Date
shall be postponed to the next business day.

** where -
“I” means the relevant Interest Amount per Note;
“SD” means the Specified Denomination per Note;
“FIX” means 15.59%;
“FIR” means the Floating Interest Rate, being the Reference Rate of 6.092%; and
“DCF” means the Day Count Fraction being Act/365 (Fixed),

as set out in the Applicable Pricing Supplement.

Next reset date: 20 March 2015.

29 December 2014

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

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