ASA - Absa Group - Reference To Absa Group In Barclays Plc Trading Statement
ASA
AMAGB
ASA - Absa Group - Reference To Absa Group In Barclays Plc Trading Statement
ABSA GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1986/003934/06)
ISIN: ZAE000067237
JSE share code: ASA
Issuer code: AMAGB
(Absa Group or Absa)
REFERENCE TO ABSA GROUP IN BARCLAYS PLC TRADING STATEMENT
Shareholders of Absa Group are advised that Barclays PLC released its 2009
Quarter One interim management statement on 7 May 2009.
The following excerpt from the update makes specific reference to the
financial performance of the Absa Group excluding Absa Card and Absa Capital
(in sterling):
"Profit before tax at Global Retail and Commercial Banking - Absa (excluding
Absa Capital and Absa Card) decreased due to increased impairment as a
result of the continued downturn in the economic environment. Costs remained
well controlled with cost growth in line with income growth."
The full text of the interim management statement is available on the
Barclays PLC website http://www.barclays.com
Johannesburg
7 May 2009
Enquiries
Jacques Schindehutte
Group executive director
(+2711) 350-4850
E-mail: jacquessc@absa.co.za
Sponsor
Merrill Lynch South Africa (Proprietary) Limited
Date: 07/05/2009 08:53:54 Produced by the JSE SENS Department.
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