ABSA GROUP LIMITED - Early Redemption - BGL19

Early Redemption - BGL19

Absa Group Limited - (formerly known as Barclays Africa Group Limited)
(Incorporated with limited liability in South Africa under registration number 1986/003934/06)
Bond Code: BGL19
ISIN Code: ZAG000147026
("Absa Group" or the "Issuer")

FINANCIAL INSTRUMENT EARLY REDEMPTION – BGL19

Absa Group – Tier 2 Notes, with stock code BGL17 (the "Notes") were issued with a final Maturity Date of 29
September 2029 , however, are redeemable at the Issuer's option on 29 September 2024 (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 29 September
2024 . 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 ZAR 1,014,000,000.00 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

  BGL19           ZAR 1,014,000,000.00                 ZAR0.00



29 August 2024

Debt sponsor
Absa Bank Limited (acting through its Corporate and Investment Banking division)
Date: 29-08-2024 09:00:00
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