ABSA GROUP LIMITED - NOTICE OF GRANT OF OPTIONS IN TERMS OF PARAGRAPHS 3.63 TO
3.74 OF THE JSE LISTINGS REQUIREMENTS
ABSA GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1986/003934/06)
(`Absa`)
JSE CODE: ASA
Issuer code: AMAGB
ISIN CODE: ZAE000013389
NOTICE OF GRANT OF OPTIONS IN TERMS OF PARAGRAPHS 3.63 TO 3.74 OF THE JSE
LISTINGS REQUIREMENTS
In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the
JSE Securities Exchange South Africa (`the Listings Requirements`), notice is
hereby given that the following executive directors and the company secretary
were granted options in terms of the Absa Group Limited Share Incentive Scheme
(`the Scheme`) effective 4 June 2004 at an allocation price of R48.73 per
ordinary Absa share (being the volume-weighted average traded price of Absa
ordinary shares on the 4 June 2004). Approval for the respective individual
allocations and clearance to deal was given on 25 June 2004.
Name Designation Number of Nature
options granted of interest
C Erasmus Absa Bank director 65 000 indirect beneficial
NP Mageza Absa Bank alternate 88 000 indirect beneficial
IB Skosana Absa Bank director 10 000 indirect beneficial
WR Somerville Absa company secretary 15 000 indirect beneficial
LA van Dyk Absa Bank alternate 86 000 indirect beneficial
JP van der Merwe Absa Bank director 30 000 indirect beneficial
LL von Zeuner Absa Bank director 26 000 indirect beneficial
In terms of the Scheme, one-third of the options vest on the third anniversary
of the date of grant, a further third on the fourth anniversary and the final
third on the fifth anniversary. The options are subject to a 10-year expiry
period.
Johannesburg
30 June 2004
Lead Sponsor
Merrill Lynch South Africa (Pty) Limited
Co-Sponsor
ABSA Corporate and Merchant Bank
Date: 30/06/2004 04:33:36 PM
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