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JSE ABSP ASA
ABSP AMAGB
ASA / ABSP - Absa - Reference to Absa Group in Barclays Plc Interim
Management 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 or Absa 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 INTERIM MANAGEMENT STATEMENT
Shareholders of Absa Group are advised that Barclays PLC released its 2010
Quarter One interim management statement on 30 April 2010.
The following excerpt from the abovementioned statement makes specific
reference to the financial performance of the Absa Group excluding Absa Card
and Absa Capital (in Sterling):
"Profit before tax at Absa increased 114% to GBP167m (2009: GBP78m) including
a one-off credit relating to the Group`s recognition of a pension fund surplus
and the appreciation in the average value of the Rand against Sterling.
Excluding these items, profit before tax increased 15%, driven by lower retail
impairment."
Investors should note that this financial information has been derived from
management accounts and has not been reviewed or reported on by the Group`s
auditors.
The full text of the interim management statement is available on the Barclays
PLC website http://www.barclays.com.
Johannesburg
30 April 2010
Enquiries:
David Hodnett
Group Financial Director
Tel: (+2711) 350 2623
Email: David.Hodnett@absa.co.za
Sponsor:
J.P. Morgan Equities Limited
Date: 30/04/2010 08:00:08 Produced by the JSE SENS Department.
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