ABCPI2 - 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: ABCPI2 ISIN: ZAG000065251 TIER 2 INSTRUMENT EARLY REDEMPTION Absa Bank – ABCPI2 Notes (the “Notes”) issued with a final maturity date of 20 September 2019, are redeemable at the Issuer’s option on 20 September 2014 (“Optional Redemption Date”) in accordance with condition 11.4 (”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 8.6 (“Payment Day”) and condition 18 (“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 20 September 2014. As the Payment Day falls on a non-business day, payment of the redemption amount, together with applicable interest (up to and including 21 September 2014), will be effected on Monday, 22 September 2014, being the Payment Day immediately following the Optional Redemption Date. The redemption of the Notes will amount to a ZAR 3,000,000,000 reduction of Tier 2 capital and the amount outstanding after the redemption will be ZAR Nil. Absa Bank will maintain its strong capital position subsequent to the early redemption of this Note. Nominal Redemption Amount Amount Outstanding After Redemption ABCPI2 ZAR 3,000,000,000 ZAR Nil 20 August 2014 Debt Sponsor Absa Corporate and Investment Bank, a division of Absa Bank Limited Date: 20/08/2014 09:00:00 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.