ABSA BANK LIMITED - ASN028 - Partial Capital Redemption
ASN028 201410170031A
ASN028 - 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: ASN028
ISIN Code: ZAG000118266
NOTICE OF PARTIAL REDEMPTION
Series 4 Portfolio Credit Linked Notes – ASN028 (the “Notes”)
Reference is made to the Notes described above issued by Absa Bank Limited under its
ZAR40,000,000,000 Master Structured Note Programme. Capitalised terms used and not otherwise
defined in this notice shall have the meanings given them in the Master 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 R40,000,000.00 such that the outstanding Aggregate Principal Amount
of the Notes from (and including) 17 October 2014 shall be R960,000,000.00.
17 October 2014
Debt sponsor
Absa Bank Limited (acting through its Corporate and Investment Banking division)
Date: 17/10/2014 04:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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