Appointment of Independent Non-Executive Director Absa Group Limited (formerly known as Barclays Africa Group Limited) Incorporated in the Republic of South Africa Registration number: 1986/003934/06 JSE share code: ABG ISIN: ZAE000255915 (“Absa Group”) APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR In accordance with paragraph 3.59 (a) of the JSE Listings Requirements, shareholders are advised of the appointment of Mr Sipho Pityana as independent non-executive director to the Board of Absa Group with effect from 1 May 2019. Sipho holds a Bachelor of Arts (Honours) degree from the University of Essex and a Master of Science degree from the University of London. He is a former executive director of Nedcor Investment Bank Holdings (2002 – 2004), responsible for strategic business development. Sipho is the founder and chairman of Izingwe Capital, a black-owned investment company founded in 2004, which invests in a number of South Africa’s blue chip corporates. He is also the non-executive chairman of JSE listed companies AngloGold Ashanti and Onelogix Group. He is the president of Business Unity South Africa (BUSA) and a member of the Community of Chairmen of the World Economic Forum. Johannesburg 24 April 2019 Enquiries: Nadine Drutman (Group Company Secretary) Nadine.Drutman@absa.africa Tel: 011 350 5347 Independent lead sponsor to Absa Group: J.P. Morgan Equities South Africa Proprietary Limited Joint sponsor to Absa Group: Corporate and Investment Bank, a division of Absa Bank Limited Date: 24/04/2019 01:55:00 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.