BARCLAYS AFRICA GROUP LIMITED - BGA and ABSP - Barclays Africa Group Chairman to step down from the Boards of Barclays Plc and Barclays Bank Plc

BARCLAYS AFRICA GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1986/003934/06)
ISIN: ZAE000174124
JSE share code: BGA
('Barclays Africa Group' or 'BAGL')

ABSA BANK LIMITED

Authorised financial services and registered credit provider (NCRCP7)
Incorporated in the Republic of South Africa
Registration number: 1986/004794/06
JSE share code: ABSP
ISIN: ZAE000079810
('Absa Bank')


BARCLAYS AFRICA GROUP CHAIRMAN TO STEP DOWN FROM THE BOARDS OF BARCLAYS PLC AND
BARCLAYS BANK PLC


Following the announcement by Barclays Bank PLC earlier today of its intention to reduce its shareholding in
Barclays Africa Group, Wendy Lucas-Bull has indicated that she is stepping down from the Barclays PLC and
Barclays Bank PLC boards with immediate effect, to ensure that no conflicts of interest exist as a result of her
being a member of these boards as well as the Chairman of the BAGL Board. Wendy's status will therefore be
that of independent non-executive Chairman on the boards of BAGL and Absa Bank.

Johannesburg
1 March 2016

Enquiries:
Nadine Drutman (Group Company Secretary)
Nadine.Drutman@barclaysafrica.com
Tel: 011 350 5347

Independent lead sponsor to Barclays Africa Group:

J.P. Morgan Equities South Africa Proprietary Limited

Joint sponsor to Barclays Africa Group:

Corporate and Investment Bank, a division of Absa Bank Limited


Date: 01/03/2016 11:50:00 Supplied by www.sharenet.co.za                     
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