JSE ASA ABSP
ABSP AMAGB
ASA/ABSP - ABSA Group - ABSA Bank - Termination of Dr Danisa Baloyi`s
membership of the boards of ABSA Group
and ABSA Bank
ABSA GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1986/003934/06)
ISIN: ZAE000067237
JSE share code: ASA
Issuer code: AMAGB
(Absa Group or the Group)
ABSA BANK LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1986/004794/06)
ISIN: ZAE000079810
JSE share code:
(Absa Bank)
TERMINATION OF DR DANISA BALOYI`S MEMBERSHIP OF THE BOARDS OF ABSA
GROUP AND ABSA BANK
The Absa Group and Absa Bank boards have, in accordance with the articles
of association of Absa Group and Absa Bank, terminated the services of Dr.
Danisa Baloyi as a non-executive director of Absa Group and Absa Bank, with
effect from 20 March 2007.
This action is the culmination of a process to review the position of Dr.
Baloyi on the Absa Boards, following public disclosures regarding her
involvement with the Fidentia matter.
Enquiries
Danie Cronje
Chairman
(+2711) 350-4337
E-mail: dcronje@absa.co.za
Issued by:
Jacques Badenhorst
Investor Relations
Absa Group Limited
4th floor, Absa Towers East, 170 Main Street, Johannesburg
Tel: (+2711) 350-4061 Fax: (+2711) 350-6487
E-mail: jacques.badenhorst@absa.co.za
Lead sponsor:
Merrill Lynch South Africa (Proprietary) Limited
Co-sponsor:
Absa Capital, a division of Absa Bank Limited
Johannesburg
20 March 2007
Date: 20/03/2007 10:00:01 Produced by the JSE SENS Department.
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