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ABSA BANK LIMITED - New Financial Instrument Listing - ASN375 and ASN376
New Financial Instrument Listing - ASN375 and ASN376 ABSA BANK LIMITED (Incorporated with limited liability on 26 November 1986 under registration number 1986/004794/06 in the Republic of South Africa) NEW FINANCIAL INSTRUMENT LISTINGS The JSE Limited has granted a financial instrument listing to ABSA BANK LIMITED ASN375 and ASN376 note under its Master Structured Note Programme Memorandum. Copies of the Master Structured Note Programme and Pricing Supplements are available on the issuer's website at absa.co.za/ss Full Note details are as follows: Index Credit Suisse GEM 10% Risk Control (ER) Index Listing Date 11 October 2019 Issue Size 39,004 Issue Price (ZAR) 1,000 Maturity Date 01 October 2024 JSE Long Code ABMBSN375-01October2024 JSE Short Code ABMBSN375 JSE Alpha Code ASN375 ISIN ZAE000278834 Sector Specialised Securities Sub - Sector Investment Products Full Note details are as follows: Index The Investec Developed Market Equity Premia (RC12%) Index Listing Date 11 October 2019 Issue Size 36,612 Issue Price (ZAR) 1,000 Maturity Date 25 September 2024 JSE Long Code ABMBSN376-25SEPTEMBER2024 JSE Short Code ABMBSN376 JSE Alpha Code ASN376 ISIN ZAE000278842 Sector Specialised Securities Sub - Sector Investment Products Other provisions Condition 9 titled "Taxation" in the section II-A of the Master Programme Memorandum titled "Terms and Conditions of the Notes" is amended in relation to this Tranche of Notes by (i) the replacement of the words after the dash in Condition 9.3 with the words "provided that this exception shall only apply to that portion of the withholding or deduction which could lawfully have been so reduced", (ii) the deletion of Condition 9.8 and (iii) the insertion of the following additional paragraphs immediately after Condition 9.7: "9.8 where such withholding or deduction is imposed on a payment to an individual and is required to be made pursuant to European Council Directive 2003/48/EC (or any other directive implementing the conclusions of the 2312th Economic and Financial Affairs Council (ECOFIN) meeting of 26 and 27 November 2000) on the taxation of savings income or any law implementing or complying with, or introduced in order to conform to, such directive; or 9.9 held by or on behalf of a Noteholder in circumstances where such party could lawfully reduce the amount of taxation otherwise levied or leviable upon the principal or interest by virtue of any tax treaty or non-South African tax laws applicable to such Noteholder, whether by way of a tax credit, rebate deduction or reduction equal to all or part of the amount withheld or otherwise, and whether or not it is actually claimed and/or granted and/or allowed; or 9.10 in respect of any present or future taxes, duties, assessments or governmental charges of whatever nature which are payable otherwise than by withholding from payment of principal or interest, if any, with respect to such Note; or 9.11 where any combination of the scenarios or occurrences contemplated in Conditions 9.1 to 9.10 above occurs the Issuer is not liable for or otherwise obliged to pay any taxes that may arise as a result of the ownership, transfer or redemption of any Note. If the Issuer becomes subject generally at any time to any taxing jurisdiction, authority or agency other than or in addition to the Republic South Africa, references in Conditions 8.2 (Redemption for Tax Reasons or due to a Change in Law) and 9 (Taxation) to South Africa shall be read and construed as references to South Africa and/or to such other jurisdiction, authority or agency." 10 October 2019 Debt Sponsor Absa Corporate and Investment Bank, a division of Absa Bank Limited Date: 10/10/2019 02:44:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.