Absa - Subscription by Absa for a 50% stake in Banco Comercial Angolano Sarl of
Angola
Absa Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1986/003934/06)
JSE code: ASA Issuer code: AMAGB
ISIN: ZAE000013389
(`Absa`)
SUBSCRIPTION BY ABSA FOR A 50% STAKE IN BANCO COMERCIAL ANGOLANO SARL OF ANGOLA
(`BCA`)
Absa Corporate Finance is authorised to announce that, given the receipt of all
the required regulatory approvals and fulfilment of all other conditions
precedent, Absa has successfully subscribed for a 50% stake in BCA.
This stake also entitles Absa to the board and management control of BCA.
Johannesburg
11 April 2005
Merchant bank and co-sponsor
ABSA Corporate and Merchant Bank
Corporate Finance
(Registration number 1986/004794/06)
Lead sponsor
Merrill Lynch
Global Markets & Investment Banking Group
Merrill Lynch South Africa (Pty) Ltd
Registration number 1995/001805/07
Registered Sponsor and Member of the
JSE Securities Exchange South Africa
Date: 11/04/2005 12:15:02 PM
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