ABSA BANK LIMITED - Non-Executive Director Changes to ABSA Boards of Directors

Non-Executive Director Changes to 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 Changes to ABSA Boards of Directors

Shareholders are informed that Antony Jenkins has resigned from
the Boards of Absa Group and Absa Bank as Barclays Bank PLC
(“Barclays”) representative, effective 28 February 2013.

Antony, who joined the Absa Boards on 23 March 2009, was
appointed as Group Chief Executive of Barclays PLC on 30 August
2012.

Absa Group Chairman, Garth Griffin, said: “We extend our sincere
gratitude to Antony for his contribution to the Boards of Absa
Group and Absa Bank, as well as to the Board committees on which
he served. His expertise will be sorely missed, but we very much
look forward to Antony’s leadership as Chief Executive of
Barclays.”

Shareholders are also informed that Patrick Clackson and Ashok
Vaswani are joining the Absa Boards, as Barclays representatives,
with effect from 1 March 2013.

Patrick replaces Ivan Ritossa, who stood down from the Boards on
31 December 2012, and Ashok replaces Antony Jenkins.

Patrick is the Chief Executive of Barclays Corporate and
Investment Banking in Europe, the Middle East and Africa. He
joined Barclays Investment Bank in December 1998. He was
previously the Chief Financial Officer for Sumitomo Bank’s London
and Asian investment banking activities and, before that, a
senior manager at PricewaterhouseCoopers.

Ashok is the Chief Executive of Barclays Retail and Business
Banking. He joined Barclays in 2010 and was the Chief Executive
of the Barclays Africa businesses from October 2010 to September
2011. Before joining Barclays, he was a partner at Brysam Global
Partners LLC, a New York-based private equity firm focused on
building retail financial service businesses in emerging markets,
and also spent twenty years in a number of senior roles at
Citigroup.

In accordance with Absa Group’s Memorandum of Incorporation,
shareholders will be requested to confirm the appointment of
Patrick and Ashok at the Group’s annual general meeting, to be
held on Thursday, 2 May 2013.


Johannesburg
21 February 2013


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 Banking, a division of Absa Bank

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