Barclays Africa Group Limited and ABSA Bank Limite
BGL04 BGR01 BGL05 BGL07 BGL02 BGL09 BGL03 BGR02 BGL01 BGL08 BGL06 BGLR01 ACL161 ABN49 ACL169 ABN52 ABN54 AB013 ABN68 ACL167 ABN73 ABN74 ABN79 ABN85 ABN60 ABN77 201512070057A
Barclays Africa Group Limited and ABSA Bank Limited: Rating Assignment by Standard & Poor's Ratings Services
BARCLAYS AFRICA GROUP LIMITED
(Incorporated with limited liability in South Africa under registration number 1986/003934/06)
Bond Issuer Code: BAGL
(“Barclays Africa Group” or “BAGL”)
ABSA BANK LIMITED
(Incorporated with limited liability in South Africa under registration number 1986/004794/06)
Bond Issuer Code: BIABS
("“Absa”)
BARCLAYS AFRICA GROUP LIMITED AND ABSA BANK LIMITED: RATING ASSIGNMENT BY
STANDARD & POOR’s RATINGS SERVICES ("S&P")
In terms of section 4.26 of the Debt Listings Requirements of JSE Limited, shareholders of BAGL and Absa
are hereby advised that S&P has on 30 November 2015 assigned a “zaAA” long-term and “zaA-1” short-term
South African national scale rating to Barclays Africa Group and Absa.
The ratings reflect the overall creditworthiness of the Barclays Africa Group, whose group credit profile
(GCP) S&P assesses at 'bbb-'.
S&P’s national scale rating has no outlook. Future ratings on BAGL and Absa are expected to be influenced
by S&P’s South Africa rating.
Please refer to the S&P announcement for any further information.
BAGL and Absa ratings are available on www.barclaysafrica.com/barclaysafrica/Investor-Relations/Debt-
investors/Current-credit-ratings and www.absa.co.za/Absacoza/About-Absa/Absa-Bank/Credit-rating for
reference.
7 December 2015
Debt Sponsor
Absa Bank Limited (acting through its Corporate and Investment Banking division)
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