Dealing in securities ABSA GROUP LIMITED (formerly: Barclays Africa Group Limited) Incorporated in the Republic of South Africa Registration number: 1986/003934/06 ISIN: ZAE000255915 JSE share code: ABG (“Absa Group” or “the Group”) DEALINGS BY DIRECTORS OF ABSA GROUP In accordance with paragraph 3.63 of the JSE Listings Requirements, shareholders are advised that the following ordinary shares have been awarded to Executive Directors and the Company Secretary of the Absa Group: Share Value Plan (SVP) Consistent with our policy on incentive awards to senior employees, each annual incentive award is deferred 50% into the Share Value Plan (SVP) and 50% into the Cash Value Plan (CVP). The individual has a choice to convert all or part of the CVP into SVP. The number of shares under the 2019 SVP was fixed with reference to the 20-day volume-weighted average price preceding 18 March 2019 (the grant date). This table sets out the deferred incentives which were awarded into the SVP and granted to the executive directors and company secretary off market. These shares will vest in three equal tranches, on the first, second and third anniversary of the grant date. These awards have since been accepted on the date indicated below. Number of Price of Director/ Grant Acceptance % Election Total Value Award Type Shares Shares at Secretary Date Date into SVP (ZAR) Awarded Grant (ZAR) Jason Quinn 18/03/2019 12/04/2019 50% SVP SVP 2019 17,028 R173.18 R2,948,909 Peter Matlare* 18/03/2019 12/04/2019 100% SVP SVP 2019 31,786 R173.18 R5,504,699 Nadine Drutman 18/03/2019 12/04/2019 50% SVP SVP 2019 2,724 R173.18 R471,742 *Peter Matlare elected to convert his CVP award into SVP. Clearance to deal has been obtained for the abovementioned transactions. Johannesburg 15 April 2019 Enquiries: Nadine Drutman (+2711) 350-5347 E-mail: nadine.drutman@absa.africa Lead Independent Sponsor: J.P. Morgan Equities South Africa Proprietary Limited Page 1 of 2 Joint Sponsor: Absa Bank Limited (Corporate & Investment Bank) Page 2 of 2 Date: 15/04/2019 11:50:00 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.