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.