JSE ABSP
ABSP
ABSP - Absa Bank - Private Placement Of Absa Bank Preference Shares (ABSP
Preference Shares)
ABSA BANK LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1986/004794/06)
ISIN: ZAE000079810
JSE share code: ABSP
(Absa Bank)
PRIVATE PLACEMENT OF ABSA BANK PREFERENCE SHARES (ABSP PREFERENCE SHARES)
Investors are referred to Absa Bank`s announcements dated 20 March 2007 and 1
August 2007 relating to the monthly ABSP preference share issuance programme.
Absa Bank is pleased to announce that, in terms of the private placement, 23
994 of ABSP preference shares, at an aggregate value of R21 304 272,60 were
placed at a price of R887,90 at an effective dividend rate of 73,85% of prime.
The JSE has granted Absa Bank a listing of the 23 994 additional ABSP
preference shares in the Specialist Securities - "Preference shares" sector
with effect from Tuesday, 7 August 2007. The ABSP preference shares will be
allotted and issued, against receipt of payment from their central securities
depository participants, to institutions who applied for preference shares, on
Tuesday, 7 August 2007.
Johannesburg
6 August 2007
Enquiries
Carel Gronum
Group treasurer
Tel: (+2711) 350 8995;
e-mail: carelg@absa.co.za
Issued by:
Peter Steyn
Head: Investor Relations
Absa Group Limited
Tel: (+2711) 350-8261 Fax: (+2711) 350-6487
e-mail: peterst@absa.co.za
Sponsor:
Merrill Lynch South Africa (Proprietary) Limited
Date: 06/08/2007 16:55:22 Produced by the JSE SENS Department.
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