New Monetary Instrument Itemizing – ASN545 & ASN546

(Registration quantity 1986/004794/06)
Bond Code: ASN544
ISIN No: ZAG000173055

Bond Code: ASN544
ISIN No: ZAG000173055


The JSE Restricted has granted monetary devices itemizing to ABSA BANK LIMITED “ASN545 & ASN546 NOTES”
below its ZAR40,00zero,00zero,00zero Grasp Structured Be aware Programme Memorandum. Copies of the Grasp Structured Be aware
Programme can be found on the issuer’s web site at https://www.absa.africa/absaafrica/investor-relations/debt-

Full Be aware particulars are as follows:

Instrument Sort: Credit score Linked Mounted Fee Be aware
Bond Code ASN545
Nominal Issued R80,00zero,00zero.00
Whole Notes in concern R 30,zero27,985,017.96 (Incl. ASN545)
Situation Value 100%
Coupon Fee 10.6%
Coupon Fee Indicator Mounted
Commerce Sort Yield
Closing Maturity Date 31 January 2037
Final Day to Register By 17:00 on 20 January, 20 July
Books Shut Date(s) 21 January, 21 July
Curiosity Cost Date(s) 31 January, 31 July
Situation Date 09 December 2020
Date Conference Following
Curiosity Graduation Date 09 December 2020
First Curiosity Cost Date 31 January 2021
Name / Step Up Date 31 July 2023; 31 Jan 2026; 31 July 2028;
31 Jan 2031; 31 July 2033; 31 Jan 2036
ISIN No. ZAG000173170
Further Data Unsubordinated Unsecured

Full Be aware particulars are as follows:

Instrument Sort: Floating Fee Be aware
Bond Code ASN546
Nominal Issued R200,00zero,00zero.00
Whole Notes in concern R 30,227,985,017.96 (Incl. ASN546)
Situation Value 100%
Coupon Fee three Month JIBAR plus 82bps
Coupon Fee Indicator Floating
Commerce Sort Value
Closing Maturity Date 09 March 2021
Final Day to Register By 17:00 on 26 February 2021
Books Shut Date(s) 27 February 2021
Curiosity Cost Date(s) 09 March 2021
Curiosity Dedication Date(s) 09 December 2020
Situation Date 09 December 2020
Date Conference Following
Curiosity Graduation Date 09 December 2020
First Curiosity Cost Date 09 March 2021
ISIN No. ZAG000173055
Further Data Unsubordinated Unsecured

Different provisions

Situation 9 titled “Taxation” within the part II-A of the Grasp Programme Memorandum titled “Phrases and Circumstances of
the Notes” is amended in relation to this Tranche of Notes by (i) the substitute of the phrases after the sprint in Situation
9.three with the phrases “offered that this exception shall solely apply to that portion of the withholding or deduction which may
lawfully have been so decreased”, (ii) the deletion of Situation 9.eight and (iii) the insertion of the next further
paragraphs instantly after Situation 9.7:

9.eight the place such withholding or deduction is imposed on a fee to a person and is required to be made
pursuant to European Council Directive 2003/48/EC (or some other directive implementing the conclusions of the
236th Financial and Monetary Affairs Council (ECOFIN) assembly of 26 and 27 December 2000) on the taxation
of financial savings revenue or any regulation implementing or complying with, or launched with a view to conform to, such
directive; or

9.9 held by or on behalf of a Noteholder in circumstances the place such celebration may lawfully scale back the quantity of
taxation in any other case levied or leviable upon the principal or curiosity by advantage of any tax treaty or non-South African
tax legal guidelines relevant to such Noteholder, whether or not by the use of a tax credit score, rebate deduction or discount equal to all
or a part of the quantity withheld or in any other case, and whether or not or not it's truly claimed and/or granted and/or
allowed; or

9.10 in respect of any current or future taxes, duties, assessments or governmental prices of no matter nature which
are payable in any other case than by withholding from fee of principal or curiosity, if any, with respect to such Be aware;

9.11 the place any mixture of the situations or occurrences contemplated in Circumstances 9.1 to 9.10 above happens, the
Issuer just isn't accountable for or in any other case obliged to pay any taxes that June come up because of the possession, switch
or redemption of any Be aware.

If the Issuer turns into topic usually at any time to any taxing jurisdiction, authority or company apart from or as well as
to South Africa, references in Circumstances eight.2 (Redemption for Tax Causes or as a consequence of a Change in Regulation) and 9 (Taxation)
to South Africa shall be learn and construed as references to South Africa and/or to such different jurisdiction, authorit y or

04 December 2020

Debt Sponsor
Absa Company and Funding Financial institution, a division of Absa Financial institution Restricted

Date: 04-12-2020 01:15:00
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