ABSA GROUP LIMITED - Notice of Dealings in Securities

Notice of Dealings in Securities

ABSA GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1986/003934/06)
ISIN: ZAE000067237
JSE share code: ASA
Issuer code: AMAGB
(Absa Group)


Notice of Dealings in Securities


In compliance with paragraphs 3.63 to 3.74 of the Listings
Requirements of the JSE Limited the following information
is disclosed.

Absa Group Non-Executive Director L L von Zeuner, in his
previous capacity as a Group Executive Director, was
granted awards in 2009 under the Executive Share Award
Scheme (ESAS), an equity-settled phantom share scheme
approved by shareholders, and options in 2004 and 2005
under the Stock Options Scheme (SOS), a share option scheme
approved by shareholders.

Pursuant to the schemes, and subject to the completion of
appropriate mandates and instructions, L L von Zeuner
elected to exercise his options under the ESAS and SOS and
in the aggregate sold 117,260 shares and retained 75,624
shares.

Details of these transactions are contained below:

Name:                         L L von Zeuner
Designation:                  Absa Group Non-Executive
                              Director
Date of sale transaction:     28 February 2013
Number of shares:             Acquired 30,884 shares
                              at 9 517 cents per share.
                              Sold 12,260 shares
                              at 16 150 cents per share.
                              Retained 18,624 shares.

Nature of transaction:        On market acquisition and
                              consequent sale of shares
Class of securities:          Absa Group ordinary shares
Value of acquisition
transaction:                  R2,939,230.28
Value of sale transaction:    R1,979,990.00
Nature of interest:           Direct beneficial
Clearance to deal:            Yes

Name:                         L L von Zeuner
Designation:                  Absa Group Non-Executive
                              Director
Date of sale transaction:     28 February 2013
Number of shares:             Acquired 60,000 shares
                              at 9 170 cents per share
                              and 102,000 shares
                              at 5 161 cents per share.
                              Sold 105,000 shares
                              at 16 150 cents per share.
                              Retained 57,000 shares.

Nature of transaction:        On market acquisition and
                              consequent sale of shares
Class of securities:          Absa Group ordinary shares
Value of acquisition
transaction:                  R10,766,220.00
Value of sale transaction:    R16,957,500.00
Nature of interest:           Direct beneficial
Clearance to deal:            Yes

Johannesburg
1 March 2013

Enquiries:
Shareholders and investors:
Alan Hartdegen – Head: Investor Relations
(+2711) 350-2598
E-mail: Alan.Hartdegen@absa.co.za

Media and other:
Mwambu Wanendeya – Head of Communications, Africa
(+2711) 350 7207
Email: Mwambu.Wanendeya@absa.co.za

Marthinus van Rensburg – Group Legal Counsel
(+2711) 350-4313
E-mail: Marthinus.VanRensburg@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 Limited

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