ABSA BANK LIMITED - Redemption of note due to autocall - AMB251

Redemption of note due to autocall - AMB251

ABSA BANK LIMITED
(Registration number 1986/004794/06)
JSE Alpha Code: AMB251
ISIN: ZAE000267316

REDEMPTION OF AMB251 FINANCIAL INSTRUMENT

In terms of paragraphs 22(b) of the Applicable Pricing Supplement, the Anniversary Index Level on 10 March 2021 was
greater than the Anniversary Autocall Level, triggering an Autocall Event resulting in an automatic Early Redemption and
termination.

Accordingly, the AMB251 note will be suspended from trading effective 12 May 2021 and redeem and automatically
terminate with effect from 19 May 2021.

JSE Short Code                                        ABMBSN251
JSE Alpha Code                                        AMB251
JSE Long Code                                         ABMBASN251-16May2023
ISIN                                                  ZAE000267316
Issue Size                                            11,951
Capital Redemption rate (per unit)                    R1,000
Interest Payment rate (per unit)                      R510.00
Last Date to Trade                                    11 May 2021
Suspension Date                                       12 May 2021
Record Date                                           14 May 2021
Payment Date                                          18 May 2021
Termination Date                                      19 May 2021


Following the full redemption, there will be RNil AMB251 Notes in issue. Settlement will happen outside of Strate.


11 May 2021

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

Date: 11-05-2021 03:58:00
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