ASA/ABSP - ABSA Group/ABSA Bank - Reference to ABSA Group in Barclays Plc
JSE ABSP ASA
ABSP AMAGB
ASA/ABSP - ABSA Group/ABSA Bank - 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 or the Group)
ABSA BANK LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1986/004794/06)
ISIN: ZAE000079810
JSE share code: ABSP
(Absa Bank)
REFERENCE TO ABSA GROUP IN BARCLAYS PLC TRADING STATEMENT
Shareholders of Absa Group are advised that Barclays PLC released its 2009
Quarter Three interim management statement on 10 November 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 decreased
for the nine months. In Rand terms, income was slightly ahead of the prior
year. Coupled with a reduction in costs, reflecting tight cost management,
this led to an improvement in the cost income ratio."
The full text of the interim management statement is available on the
Barclays PLC website http://www.barclays.com.
Johannesburg
10 November 2009
Enquiries:
Jacques Schindehutte
Group executive director
(+2711) 350-4850
E-mail: jacquessc@absa.co.za
Sponsor:
J.P. Morgan Equities Limited
Date: 10/11/2009 09:15:01 Produced by the JSE SENS Department.
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