ABCPI1 - Tier 2 Instrument Early Redemption ABSA BANK LIMITED (Incorporated with limited liability in South Africa under registration number 1986/004794/06) (“Absa Bank” or the “Issuer”) JSE code: ABCPI1 ISIN: ZAG000051541 TIER 2 INSTRUMENT EARLY REDEMPTION Absa Bank – ABCPI1 Notes (“the Notes”) were issued with a final maturity date of 31 March 2018, however, are redeemable at the Issuer’s option on 31 March 2013 (“Optional Redemption Date”) in accordance with condition 9.3 (Redemption at the Option of the Issuer) of the Terms and Conditions of the Notes (as read with the Applicable Pricing Supplement). In terms of condition 8.3 (“Payment Day”) and condition 16 (“Notices”) of the Terms and Conditions of the Notes, notice is hereby given to Noteholders that the Issuer has exercised its right to early redeem all of the Notes on 31 March 2013. Payment of the redemption amount, together with applicable interest, will be effected on Tuesday, 2 April 2013, being the Payment Day immediately following the Optional Redemption Date. Absa Bank will maintain its strong capital position subsequent to the early redemption of this Note. Nominal Redemption Amount Amount Outstanding After Redemption ABCPI1 ZAR 1,081,000,000.00 ZAR 0.00 1 March 2013 Debt Sponsor Absa Bank Limited (acting through its Corporate and Investment Banking division) Date: 01/03/2013 07:05:00 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.