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Absa Group Limited - Notice Of Acceptance 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: ZAE000067237
NOTICE OF ACCEPTANCE 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 Limited, notice is hereby given that the following executive directors and
the company secretary have accepted their options on Absa ordinary shares.
Clearance has been obtained in respect of these dealings in securities.
Name of Desig- Date of Number of Value of Date Nature of
official nation transacti options transaction of Interest
on accepted cleara
ensuing nce
from a to
grant deal
made on
18 August
2005
SF Absa 12 180 000 R16,506,000.00 18/08/ Direct
Booysen Group CEO September share 2005 beneficial
2005 options
at 9170
cents per
share
JH Absa 12 30 000 R2,751,000.00 18/08/ Direct
Schindeh Group September share 2005 beneficial
utte director 2005 options
at 9170
cents per
share
LL von Absa 12 60 000 R5,502,000.00 18/08/ Direct
Zeuner Group September share 2005 beneficial
director 2005 options
at 9170
cents per
share
NP Absa Bank 12 43 000 R3,943,100.00 18/08/ Direct
Mageza alternate September share 2005 beneficial
2005 options
at 9170
cents per
share
RR Absa Bank 13 30 000 R2,751,000.00 18/08/ Direct
Emslie alternate September share 2005 beneficial
2005 options
at 9170
cents per
share
IB Absa Bank 13 30 000 R2,751,000.00 18/08/ Direct
Skosana director September share 2005 beneficial
2005 options
at 9170
cents per
share
WR Absa 13 15 000 R1,375,500.00 18/08/ Direct
Somervil Group September share 2005 beneficial
le company 2005 options
secretary at 9170
cents per
share
JP van Absa Bank 14 60 000 R5,502,000.00 18/08/ Direct
der director September share 2005 beneficial
Merwe 2005 options
at 9170
cents per
share
C Absa Bank 14 45 000 R4,126,500.00 18/08/ Direct
Erasmus director September share 2005 beneficial
2005 options
at 9170
cents per
share
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 performance criteria
as well as a 10-year expiry period.
Johannesburg
14 September 2005
Lead Sponsor
Merrill Lynch South Africa (Pty) Limited
Co-Sponsor
ABSA Corporate and Merchant Bank
Date: 14/09/2005 02:13:42 PM
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