ABSA BANK LIMITED - Redemption of note due to autocall - ASN329

Redemption of note due to autocall - ASN329

ABSA BANK LIMITED
(Registration number 1986/004794/06)
JSE Alpha Code: ASN329
ISIN: ZAE000272662

REDEMPTION OF ASN329 FINANCIAL INSTRUMENT

In terms of paragraphs 26(b) of the Applicable Pricing Supplement, the Anniversary Index Level on 12 April 2022 was
greater than the Anniversary Autocall Level, triggering an Autocall Event resulting in an automatic Early Redemption and
termination.

Accordingly the ASN329 note has been suspended from trading tomorrow, Thursday, 21 April 2022. ASN329 will
redeem and automatically terminate with effect from Tuesday, 03 May 2022.

JSE Short Code                                        ABMBSN329
JSE Alpha Code                                        ASN329
JSE Long Code                                         ABMBSN329-02MAY2025
ISIN                                                  ZAE000272662
Issue Size                                            26,763
Payment (per unit)*                                   R1,145.00
Last Date to Trade                                    Wednesday, 20 April 2022
Suspension                                            Thursday, 21 April 2022
Record Date                                           Monday, 25 April 2022
Payment Date                                          Friday, 29 April 2022
Termination Date                                      Tuesday, 03 May 2022

Settlement will happen outside of Strate.

Following the full redemption, there will be RNil ASN329 Notes in issue.

* Holders of ASN329 are advised 125 units were unwound in 2021 and the settlement took place outside of Strate. The
expiry price is based on the remaining issue size of 26,638 units of ASN329.



20 April 2022

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

Date: 20-04-2022 12:35:00
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