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ABSA GROUP LIMITED - Reference to Barclays Plc Interim Management Statement

Release Date: 24/04/2013 08:13
Code(s): ASA     PDF:  
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Reference to Barclays Plc Interim Management Statement

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


REFERENCE TO BARCLAYS PLC INTERIM MANAGEMENT STATEMENT

Shareholders of Absa Group are advised that Barclays PLC
(Barclays) released its 2013 first quarter interim
management statement today.

Although it makes no substantial reference to the financial
performance of Absa Group, part of the Group’s performance is
included in the Africa Retail and Business Banking (RBB)
segment that Barclays disclosed in the statement.

Shareholders are advised not to draw inferences in respect of
the Absa Group’s performance from this disclosure. Absa’s
contribution to Barclays Africa RBB excludes Absa Card and
Absa Corporate, Investment Banking and Wealth. These
constituted 56% of Absa’s FY12 headline earnings. The Barclays
Africa RBB disclosure includes the results of Barclays’ other
African subsidiaries, the impact of Rand depreciation,
accounting policy differences as well as consolidation and
overlay adjustments. In combination, these adjustments make
the numbers incomparable.

Johannesburg
24 April 2013


Enquiries:

Alan Hartdegen
Head: Investor Relations
Tel: (+2711) 350 2598
Email: Alan.Hartdegen@absa.co.za

Lead Independent 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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