NEWSLV - Absa Bank Limited - Newwave Silver Exchange Traded Notes

NEWSLV - Absa Bank Limited - Newwave Silver Exchange Traded Notes               
Absa Bank Limited                                                               
SHARE CODE: NEWSLV                                                              
ISIN: ZAE000162566                                                              
RESULTS OF INITIAL OFFER FOR NEWWAVE SILVER EXCHANGE TRADED NOTES ("Silver      
Notes" or the "ETNs")                                                           
Further to the announcement published on SENS on 20 February 2012,              
applications totalling ZAR 3 585 948.74 were received.                          
The Initial Issue Price of a Silver Note is ZAR 2.6475, determined as the       
Rand Equivalent of the spot USD price of one-hundredth of a troy ounce of       
Silver on 2 March 2012.                                                         
Accordingly, 1 354 466 Silver Notes have been approved for listing by the       
JSE Limited ("JSE") on the main board in the JSE`s ETN sub-sector, with         
effect from Monday, 12 March 2012.                                              
The conditions to issue have been waived by the Issuer.                         
Johannesburg                                                                    
5 March 2012                                                                    
Originator, issuer agent, corporate advisor and sponsor                         
Absa Capital                                                                    
(the investment banking division of Absa Bank Limited, affiliated with          
Barclays Capital)                                                               
Legal and tax advisors                                                          
Edward Nathan Sonnenbergs Inc.                                                  
Date: 05/03/2012 12:15:01 Supplied by www.sharenet.co.za                     
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.