Absa clarifies media reports on BEE
ABSA GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1986/003934/06)
("Absa")
ISIN CODE: ZAE000013389
JSE CODE: ASA
Issuer code: AMAGB
Absa clarifies media reports on BEE
The Absa Group wishes to respond to inaccurate media reports that it is about to
announce its plans for Black Economic Empowerment on 7 October 2003.
The announcement on 7 October involves an initiative by Absa Business Banking
Services, a strategic business unit within the Absa Group, to empower small,
medium and large black businesses.
The Absa Group will inform its stakeholders timeously should any decision be
taken with regards to Black Economic Empowerment at Group level and will
communicate this to the market at an appropriate time.
26 September 2003
Issued by:
Errol Smith
Manager: Absa Media Services
(011) 350-5768
082 573 0059
For more information, please contact:
Frans du Toit
Group Executive Director
(011) 350-4211
Lead Sponsor
Merrill Lynch South Africa (Pty) Limited
Co-Sponsor
ABSA Corporate and Merchant Bank
Date: 26/09/2003 01:35:02 PM Supplied by www.sharenet.co.za
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