ABSA GROUP LIMITED - NOTICE OF GRANT OF OPTIONS
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, notice is hereby given that the following
executive director was 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
allocation and clearance to deal was given on 1 July 2004.
Name Designation Number of Nature
options granted of interest
SF Booysen Absa Bank director * 300 000 indirect beneficial
* Absa Group Chief Executive with effect from 1 August 2004
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
5 July 2004
Lead Sponsor
Merrill Lynch South Africa (Pty) Limited
Co-Sponsor
ABSA Corporate and Merchant Bank
Date: 05/07/2004 03:17:04 PM Produced by the JSE SENS Department
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