ABSA BANK LIMITED - ACL213 - Partial Capital Redemption
ACL213 201410170029A
ACL213 - Partial Capital Redemption
ABSA BANK LIMITED
(Incorporated in terms of the laws of the Republic of South Africa with Company Registration No:
1986/004794/06)
Bond Code: ACL213
ISIN Code: ZAG000107657
NOTICE OF PARTIAL REDEMPTION
Series 2013-65 Portfolio Credit Linked Notes – ACL213 (the “Notes”)
Reference is made to the Notes described above issued by Absa Bank Limited under its ZAR20,000,000,000
Credit-linked Note Programme. Capitalised terms used and not otherwise defined in this notice shall have the
meanings given them in the Programme Memorandum and the Applicable Pricing Supplement of the Notes.
Absa Bank Limited hereby gives notice that in accordance with the terms and conditions of Notes and as
a consequence of the Credit Event with respect to African Bank Limited, the Issuer intends to partially
redeem the Notes on the following terms. Effective on 17 October 2014 the Aggregate Principal Amount
of the Notes shall be reduced by R50,000,000.00 such that the outstanding Aggregate Principal Amount
of the Notes from (and including) 17 October 2014 shall be R950,000,000.00.
17 October 2014
Debt sponsor
Absa Bank Limited (acting through its Corporate and Investment Banking division)
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