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Wed 20 Jun 2007, 13:44 PPCAIC - Absa - Correction: Amendments to the term
JSE   PPCAIC
 ACMB                                                                            
PPCAIC - Absa - Correction: Amendments to the terms and conditions of Share     
Instalment relating to the ordinary shares of PPC                               
Absa Bank Limited                                                               
AMENDMENTS TO THE TERMS AND CONDITIONS OF SHARE INSTALMENT RELATING TO THE      
ORDINARY SHARES OF PRETORIA PORTLAND CEMENT COMPANY LIMITED (PPC)               
Following the announcement by the board of Pretoria Portland Cement Company     
Limited (PPC) whereby PPC declared a subdivision of 10 for 1, Absa Bank Ltd (the
Issuer) will amend the conditions of the warrant and share instalment listed    
below in the following way.                                                     
Warrant  Type Expiry     ISIN             Previous  New    Previous  New        
                                         Cover     Cover  Strike    Strike      
PPCAIC   AC   06 SEP 07  ZAE000089801     1:1       1:10   19600     1960       
                                                                                
The effect of the abovementioned adjustment is to place the warrant and share   
instalment holders in the same position they would have been in had the         
subdivision not taken place. This adjustment will be effective from the 9 July  
2007.                                                                           
For further information contact                                                 
Absa Equity Derivatives                                                         
Tel:  (011) 221 9083/4/5                                                        
e-mail: derivatives@absa.co.za                                                  
Sponsor                                                                         
Absa Capital - Corporate Finance                                                
A division of Absa Bank Limited                                                 
Reg. No. 1986/004794/06"                                                        
Date: 20/06/2007 13:44:02 Produced by the JSE SENS Department.
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