ABSA GROUP LIMITED - Non-Executive Director stepping down from ABSA Boards of Directors

Non-Executive Director stepping down from ABSA Boards of Directors

ABSA GROUP LIMITED                            ABSA BANK LIMITED
(Incorporated in the                          (Incorporated in the
Republic of South Africa)                     Republic of South Africa)
(Registration number:                         (Registration number:
1986/003934/06)                               1986/004794/06)
ISIN: ZAE000067237                            ISIN: ZAE000079810
JSE share code: ASA                           JSE share code: ABSP
Issuer code: AMAGB                            (Absa Bank)
(Absa Group, Absa or the Group)

NON-EXECUTIVE    DIRECTOR    STEPPING    DOWN      FROM   ABSA     BOARDS     OF
DIRECTORS

Absa Shareholders are hereby informed that Ivan Ritossa has
resigned from the Boards of Absa Group and Absa Bank as a
Barclays Bank PLC (Barclays) representative, effective 31
December 2012.

Ivan, an Absa Board member since 21 September 2011, is leaving
Barclays at the end of December 2012, and accordingly stepping
down from his Barclays appointments.

In addition to the Boards of Absa Group and Absa Bank, Ivan
served on the Absa Board Finance Committee and the Absa Group
Remuneration and Human Resources Committee.

The replacement for Ivan on the Absa Boards will be announced in
due course.


Johannesburg
19 December 2012

Enquiries
Alan Hartdegen
Head of Investor Relations, Absa Group
+27 (0) 11 350 2598
E-mail: alan.hartdegen@absa.co.za

Lead Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited

Joint Sponsor:
Absa Corporate     and   Investment   Bank,    a   division   of   Absa     Bank
Limited

Date: 19/12/2012 04:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.