ASA - ABSA Group Limited - Posting of ABSA Group annual report and details of
ASA
AMAGB
ASA - ABSA Group Limited - Posting of ABSA Group annual report and details of
annual general meeting
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 Company)
POSTING OF ABSA GROUP ANNUAL REPORT AND DETAILS OF ANNUAL GENERAL MEETING
Audited financial statements
Shareholders are advised that the Company`s annual report will be lodged with
the JSE Limited and posted to shareholders today, 30 March 2010. The annual
report will also be available on Absa Group`s website. An abridged report has
not been published as the information previously published in Absa`s audited
financial results announcement on Tuesday, 16 February 2010 is unchanged. Ernst
& Young Inc. and PricewaterhouseCoopers Inc. have audited Absa`s annual
financial statements and their audit reports are available for inspection at the
registered office of the Company.
Notice of the annual general meeting
Notice is hereby given that Absa`s annual general meeting will be held in the P
W Sceales Auditorium, Absa Towers, 160 Main Street, Johannesburg on Wednesday,
21 April 2010 at 11:00 to transact business as stated in the notice of annual
general meeting.
The Absa board charter required that all non-executives retire at the annual
general meeting following their 70th birthday. The board has amended this
requirement so as to allow the Company to retain the services of directors who
would otherwise be required to retire, if good cause for it therefore exists.
Following this amendment, shareholders are advised that the Absa board has
extended the term of office of the Chairman, Mr David Brink and that of Mr Des
Arnold, an independent non-executive director and Chairman of Absa`s Group Audit
and Compliance Committee. The board is of the view that this decision is in the
best interests of the Company. Mr Brink will continue as Absa Chairman until a
new Chairperson is appointed. This process is well under way.
Johannesburg
30 March 2010
Enquiries
Happy Ntshingila
Executive: Group Marketing and Communications
Telephone: +27 11 350 6477
E-mail: happynt@absa.co.za
Sponsor:
J.P. Morgan Equities Limited
Date: 30/03/2010 16:42:01 Produced by the JSE SENS Department.
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