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Mon 14 Aug 2006, 14:10 Absa - Amendments to the terms and conditions of t
JSE   REMABB
 ACMB                                                                            
Absa - Amendments to the terms and conditions of the Call Warrants relating to  
       the ordinary shares of Remgro Ltd                                        
Absa Bank Limited                                                               
AMENDMENTS TO THE TERMS AND CONDITIONS OF THE CALL WARRANTS RELATING TO THE     
ORDINARY SHARES OF REMGRO LTD                                                   
Following the announcement by the board of Remgro Ltd (REM) whereby REM declared
a special dividend of 400c, Absa Bank Ltd (the Issuer) will amend the conditions
of the warrants listed below in the following way.                              
Warrant  Type  Expiry       ISN           Previous  Adjusted  Previous  Adjusted
                                          Strike    Strike    Cover     Cover   
REMABB   AC    2006-10-18   ZAE000080040  13800     13417     20        19.4446 
The effect of the abovementioned adjustment is to place the Warrant holders in  
the same position it would have been in had the special dividend not been       
declared. This adjustment will be effective from 14 August 2006.                
Copies of the Offering Circular may be obtained from:                           
Absa Bank Ltd                                                                   
1st Floor, Absa Towers North                                                    
180 Commissioner Street                                                         
Johannesburg, 2001                                                              
Sponsor                                                                         
Absa Corporate & Merchant Bank - Corporate Finance                              
A division of Absa Bank Limited                                                 
Reg. No. 1986/004794/06"                                                        
For further information contact                                                 
Absa Warrants                                                                   
Tel:  (011) 221 9083/4/5                                                        
e-mail: derivatives@absa.co.za                                                  
Date: 14/08/2006 02:10:05 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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