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Mon 20 Nov 2006, 15:05 Absa - Amendments to the terms and conditions of t
JSE   KMBABE
 ACMB                                                                            
Absa - Amendments to the terms and conditions of the Call Warrants relating to  
       the ordinary shares of Kumba Resources Ltd                               
Absa Bank Limited                                                               
ISIN: ZAE000085270                                                              
Code: KMBABE                                                                    
AMENDMENTS TO THE TERMS AND CONDITIONS OF THE CALL WARRANTS RELATING TO THE     
ORDINARY SHARES OF KUMBA RESOURCES LTD                                          
Following the announcement by the board of Kumba Resources Ltd (KMB) whereby KMB
declared a special dividend of 185c, 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     
KMBABE   AC   15-Mar-07    ZAE000085270 16000     15810     30        29.64     
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 20 November 2006.              
For further information contact                                                 
Absa Equity Derivatives                                                         
Tel:  (011) 221 9083/4/5                                                        
e-mail: derivatives@absa.co.za                                                  
Sponsor                                                                         
Absa Capital - Corporate Finance                                                
A division of Absa Bank Limited                                                 
Reg. No. 1986/004794/06"                                                        
Date: 20/11/2006 03:05:26 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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