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Mon 27 Aug 2007, 13:18 MLAABF - Absa Capital - Amendments to the terms an
JSE   MLAABF
 ACPL                                                                            
MLAABF - Absa Capital - Amendments to the terms and conditions of the call      
warrants relating to the ordinary shares of Mittal Steel South Africa Limted    
ABSA CAPITAL                                                                    
AMENDMENTS TO THE TERMS AND CONDITIONS OF THE CALL WARRANTS RELATING TO THE     
ORDINARY SHARES OF MITTAL STEEL SOUTH AFRICA LIMTED                             
Following the announcement by the board of Mittal Steel South Africa Ltd (MLA)  
whereby MLA declared a capital reduction of 1021c, Absa Bank Ltd (the Issuer)   
will amend the conditions of the warrants listed below in the following way.    
Warrant Type  Expiry      ISIN          Previous Adjusted  Previous Adjusted    
                                       Strike   Strike    Cover    Cover        
MLAABF  AC    2008-01-24  ZAE000098604  13800    12709     20       18.42       
The effect of the abovementioned adjustment is to place the Warrant holders in  
the same position it would have been in had the capital reduction not been      
declared. This adjustment will be effective from 27 Aug 2007.                   
Copies of the Offering Circular may be obtained from:                           
Absa Bank Ltd                                                                   
1st Floor, Absa Towers North                                                    
180 Commissioner Street                                                         
Johannesburg, 2001                                                              
Sponsor                                                                         
Absa Capital - Corporate Finance                                                
A division of Absa Bank Limited                                                 
Reg. No. 1986/004794/06"                                                        
For further information contact                                                 
Absa Warrants                                                                   
Tel:  (011) 221 9083/4/5                                                        
e-mail: derivatives@absa.co.za                                                  
Date: 27/08/2007 13:18:01 Produced by the JSE SENS Department.                  
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