Barclays / ABSA - Resignation of executive director BARCLAYS AFRICA GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1986/003934/06) ISIN: ZAE000174124 JSE share code: BGA (the Group) ABSA BANK LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1986/004794/06) JSE share code: ABSP ISIN: ZAE000079810 (Absa Bank) RESIGNATION OF EXECUTIVE DIRECTOR In accordance with paragraph 3.59 (b) of the JSE Listings Requirements, shareholders are advised of the resignation of an executive director, as set out below. David Hodnett has resigned from the Group and Absa Bank and will accordingly, with immediate effect, cease to be Executive Director and Deputy Chief Executive. David will participate in a handover between now and the end of August 2018. The Board thanks David for his extensive contribution over 10 years with the Group, including as Chief Risk Officer and Financial Director, and most recently as head of the South Africa Banking portfolio, and wishes him well in his future endeavours. Johannesburg 15 May 2018 Enquiries: Alan Hartdegen +27 (0) 72 576 2713 E-mail: Alan.Hartdegen@absa.co.za Lead Independent Sponsor: J.P. Morgan Equities South Africa Proprietary Limited Joint Sponsor: Absa Bank - Corporate and Investment Bank Date: 15/05/2018 08:52:00 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.