ASA - ABSA Group Limited - Reference to ABSA Group in Barclays Plc interim
ASA
AMAGB
ASA - ABSA Group Limited - 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 Group or Absa)
REFERENCE TO ABSA GROUP IN BARCLAYS PLC INTERIM MANAGEMENT STATEMENT
Shareholders of Absa Group are advised that Barclays PLC (Barclays) released its
2010 Quarter Three interim management statement on 9 November 2010.
The following excerpt from the abovementioned statement makes specific reference
to Absa`s financial performance:
"Absa profit before tax increased 20% to GBP448m (2009: GBP372m), reflecting a
credit relating to the Group`s recognition of a pension surplus and the
appreciation of the Rand against Sterling. In Rand terms, income was broadly
flat, impairment charges improved while operating expenses increased."
Investors should note that this update excludes Absa Card and Absa Capital. It
is prepared in terms of London Stock Exchange rules and Barclays accounting
policies and includes Barclays consolidation adjustments.
Absa Group`s performance trends for the nine months ended 30 September 2010 were
similar to those reported for the interim period.
Johannesburg
9 November 2010
Enquiries:
Alan Hartdegen
Head of Investor Relations
Tel: +27 11 350 2598
Fax: +27 11 350 5924
Alan.Hartdegen@absa.co.za
Sponsor:
J.P. Morgan Equities Limited
Date: 09/11/2010 09:29:03 Produced by the JSE SENS Department.
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