ABSA GROUP LIMITED - Financial Instrument Early Redemption AGL03

Financial Instrument Early Redemption  – AGL03


Absa Group Limited - (formerly known as Barclays Africa Group Limited)
(Incorporated with limited liability in South Africa under registration number 1986/003934/06)
Bond Code: AGL03
ISIN Code: ZAG000166125
("Absa Group" or the "Issuer")

FINANCIAL INSTRUMENT EARLY REDEMPTION – AGL03

Absa Group – Tier 2 Notes, with stock code AGL03 (the "Notes") were issued with a final Maturity Date of 17
May 2030, however, are redeemable at the Issuer's option on 17 May 2025 (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 Supplement).

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 17 May 2025.
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 ZAR 2,676,000,000nominal, 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

 AGL03            ZAR 2,676,000,000                   ZAR0.00



17 April 2025

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

Date: 17-04-2025 11:00:00
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.