ABSA GROUP LIMITED - Early Redemption - BGL17

Early Redemption - BGL17

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: BGL17
ISIN Code: ZAG000146002
("Absa Group" or the "Issuer")

FINANCIAL INSTRUMENT EARLY REDEMPTION – BGL17

Absa Group – Tier 2 Notes, with stock code BGL17 (the "Notes") were issued with a final Maturity Date of 14
August 2029 , however, are redeemable at the Issuer's option on 14 August 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 14 August 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 390,000,000.00 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

  BGL17           ZAR 390,000,000.00                  ZAR0.00



18 July 2024

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




Absa Group Limited Reg No 1986/003934/06

Date: 18-07-2024 12:59:00
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