ABSA GROUP LIMITED - AGT01 - Early Redemption

AGT01 - Early Redemption

Absa Group Limited
(Incorporated with limited liability in South Africa under registration number 1986/003934/06)
Bond Code: AGT01
ISIN Code: ZAG000154527
(“Absa Group” or the “Issuer”)

FINANCIAL INSTRUMENT EARLY REDEMPTION – AGT01

Absa Group – Additional Tier 1 Notes, with stock code AGT01 (the “Notes”) were issued with a
perpetual maturity date and are redeemable at the Issuer’s option on 10 October 2023 (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 Additional Tier 1 Notes (as read with the
Applicable Pricing Supplement of the AGT01 notes dated 4 October 2018 (the “AGT01 APS”)).

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 10 October 2023. 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 ZAR1,241,000,000nominal, 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

 AGT01         ZAR1,241,000,000                     ZAR0.00



11 September 2023

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

Date: 11-09-2023 12:45:00
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.