Conversion of Phantom Share Value Plan awards into Equity Share Plan BARCLAYS AFRICA GROUP LIMITED Incorporated in the Republic of South Africa (Registration number: 1986/003934/06) Share Code: BGA ISIN: ZAE000174124 (Barclays Africa Group) CONVERSION OF PHANTOM SHARE VALUE PLAN (SVP) AWARDS INTO EQUITY SHARE PLAN The following information is provided in accordance with paragraph 3.63 of the JSE Listings Requirements. Eligible employees of Barclays Africa Group were historically granted phantom Share Value Plan (SVP) awards which tracked the share price but were delivered as cash, however following approval of the SVP at the AGM on 19 May 2015, awards are now delivered in equity. Employees with unvested phantom awards were offered the opportunity to surrender the awards in place of equity shares through the SVP to simplify the administration of shares. The executive directors elected to take up this opportunity on 14 December 2015 and the replacement equity awards granted to them off market are accordingly set out in the table below. The replacement equity awards will take effect from 21 December 2015. This does not constitute a new award. The number of shares is fixed based on the number of unvested phantom awards using the initial grant price, save that the number of shares has been grossed up to include brokerage fees. Director Award Initial Initial Vest date No of Total Value name award date award price Shares (R) and converted conversion price Maria Ramos SVP 2014 01/03/2014 R129.30 01/09/2016 18 520 2 394 636 Maria Ramos SVP 2014 01/03/2014 R129.30 01/09/2017 18 520 2 394 636 David Hodnett SVP 2013 01/03/2013 R165.63 01/09/2016 8 719 1 444 128 David Hodnett SVP 2014 01/03/2014 R129.30 01/09/2016 14 395 1 861 273.50 David Hodnett SVP 2014 01/03/2014 R129.30 01/09/2017 14 396 1 861 402.80 Clearance to deal, as required by board governance and the JSE Listings Requirements, has been obtained for the abovementioned transactions. Johannesburg 15 December 2015 Enquiries: Nadine Drutman – Group Company Secretary (+2711) 350-5347 E-mail: Nadine.Drutman@barclaysafrica.com Lead Independent Sponsor: J.P. Morgan Equities South Africa Proprietary Limited Joint Sponsor: Corporate and Investment Bank, a division of Absa Bank Limited Date: 15/12/2015 11:49:00 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.