ABSA GROUP LIMITED - Full Capital Redemption - BGL18

Full Capital Redemption - BGL18

Absa Group Limited (formally known as Barclays Africa Group Limited)
(Incorporated with limited liability in South Africa under registration number 1986/003934/06)
Bond Code: BGL18
ISIN Code: ZAG000147018
(“Absa Group” or the “Issuer”)

FINANCIAL INSTRUMENTS EARLY REDEMPTION – BGL18

Absa Group Tier 2 Notes, with stock codes BGL18 (the “Notes”) were issued with a final Maturity Date
of 30 September 2027, however, are redeemable at the Issuer’s option on 30 September 2022 (the “First
Optional Redemption Date”) in accordance with Condition 11.4 (Redemption at the option of the
Issuer (Issuer Call)) of the Terms and Conditions of the Notes (as read with the relevant Applicable
Pricing Supplements).

In accordance with Condition 18 (Notices) of the Terms and Conditions of the Notes, notice is hereby
given to Noteholders of the Notes that the Issuer has exercised its option to early redeem the Notes
on 30 September 2022. Payment of the redemption amount, together with applicable interest, will be
effected on the First Optional Redemption Date.

The redemption amount of the Notes is ZAR295,000,000 nominal, and the nominal amount
outstanding of the Notes after the redemption will be ZAR0.00. Absa Group will remain compliant in
terms of its capital adequacy requirements subsequent to the early redemption of the Notes. Details
of the redemption amount of the Notes are detailed below:


               Capital Redemption Amount             Amount Outstanding of the Notes After
                                                     Capital Redemption

 BGL18         ZAR295,000,000                        ZAR0.00



05 September 2022

Debt sponsor
Absa Bank Limited (acting through its Corporate and Investment Banking division)

Date: 05-09-2022 10:35:00
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