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BARCLAYS AFRICA GROUP LIMITED - Reference to Barclays Plc Interim Management Statement

Release Date: 06/05/2014 08:52
Code(s): BGA     PDF:  
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Reference to Barclays Plc Interim Management Statement

BARCLAYS AFRICA GROUP LIMITED

(Formerly known as Absa Group Limited)

(Incorporated in the Republic of South Africa)

(Registration number: 1986/003934/06)

ISIN: ZAE000174124

JSE share code: BGA

(“Barclays Africa Group” or “the Group”)

REFERENCE TO BARCLAYS PLC INTERIM MANAGEMENT STATEMENT

Barclays Africa Group shareholders are advised that Barclays PLC released its first quarter
2014 results today.

Although Barclays PLC makes no substantial reference to Barclays Africa Group's financial
performance, it disclosed an Africa Retail and Business Banking (RBB) segment, which
includes part of Barclays Africa Group’s activities. Certain continuing trends were noted for
Africa RBB in the first quarter, including an improved net interest margin that was largely due
to higher South African interest rates, and significantly lower mortgage credit impairments.

However, shareholders are advised not to infer Barclays Africa Group's overall performance
from this disclosure. Barclays PLC's Africa RBB results exclude Corporate and Investment
Banking plus Card, which contribute a sizeable portion of the Group's earnings. It also
includes the impact of consolidation and overlay adjustments, Rand depreciation, accounting
policy differences and certain operations that are not part of Barclays Africa Group.


Johannesburg
6 May 2014



Enquiries:

Alan Hartdegen – Head: Group Investor Relations

Telephone: +27 (0)11 350-2598

Email: alan.hartdegen@barclaysafrica.com

Independent lead sponsor to Barclays Africa Group

J.P. Morgan Equities South Africa Proprietary Limited

Joint sponsor to Barclays Africa Group

Absa Corporate and Investment Banking, a division of Absa Bank Limited

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