Absa Trading Statement

Barclays PLC 23 July 2007 BARCLAYS PLC 23rd July 2007 Shareholders are advised that Absa Group Limited, in which we have a shareholding of over 57%, and Absa Bank Limited today issued the Trading Statement set out below. 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, Absa or the Group) (Absa Group together with the Absa Group of companies) ABSA GROUP TRADING STATEMENT IN RESPECT OF THE SIX MONTHS ENDED 30 JUNE 2007 In terms of paragraph 3.4 (b) of the Listings Requirements of the JSE Limited (the JSE Listings Requirements), an issuer is required to publish a trading statement as soon as it becomes apparent that headline earnings per share and/or earnings per share for the next period to be reported on are expected, with a reasonable degree of certainty, to differ by at least twenty per cent (20%) from those of the previous corresponding period. Shareholders are advised that the Group's headline earnings per share and earnings per share for the six months ended 30 June 2007 are expected to increase by between twenty-two per cent (22%) and twenty-seven per cent (27%) compared with the six months ended 30 June 2006. Shareholders are advised that the forecasted financial results on which this trading statement is based have not been reviewed or reported on by Absa's auditors in accordance with paragraphs 3.4(b)(vi)(1)(aa) or 3.4(b)(vi)(1)(bb) of the JSE Listings Requirements. The Group's results for the six months ended 30 June 2007 will be released on Sens on 2 August 2007. Johannesburg 23 July 2007 Enquiries Eric Wasserman Group executive: Group Finance Absa Group Limited 4th floor, Absa Towers East, 170 Main Street, Johannesburg Tel: +2711 350 5887, Fax: +2711 350 6487 e-mail: ericwas@absa.co.za Sponsor: Merrill Lynch South Africa (Proprietary) Limited ABSA BANK LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1986/004794/06) ISIN: ZAE000079810 JSE share code: ABSP (Absa Bank) (a wholly owned subsidiary of Absa Group Limited) ABSA BANK TRADING STATEMENT IN RESPECT OF THE SIX MONTHS ENDED 30 JUNE 2007 In terms of paragraph 3.4 (b) of the Listings Requirements of the JSE Limited (the JSE Listings Requirements), an issuer is required to publish a trading statement as soon as it becomes apparent that headline earnings per share and/or earnings per share for the next period to be reported on are expected, with a reasonable degree of certainty, to differ by at least twenty per cent (20%) from those of the previous corresponding period. Shareholders are advised that Absa Bank's headline earnings per share and earnings per share for the six months ended 30 June 2007 are expected to increase by between twenty-two per cent (22%) and twenty-seven per cent (27%) compared with the six months ended 30 June 2006. Shareholders are advised that the forecasted financial results on which this trading statement is based have not been reviewed or reported on by Absa Bank's auditors in accordance with paragraphs 3.4(b)(vi)(1)(aa) or 3.4(b)(vi)(1)(bb) of the JSE Listings Requirements. Absa Bank's results for the six months ended 30 June 2007 will be released on Sens on 2 August 2007. Johannesburg 23 July 2007 Enquiries Eric Wasserman Group executive: Group Finance Absa Group Limited 4th floor, Absa Towers East, 170 Main Street, Johannesburg Tel: +2711 350 5887, Fax: +2711 350 6487 e-mail: ericwas@absa.co.za Sponsor: Merrill Lynch South Africa (Proprietary) Limited -ENDS- For further information, please contact: Barclays PLC Investor Relations Media Relations Mark Merson/James S Johnson Alistair Smith/Robin Tozer +44 (0)20 7116 5752/ 2927 +44 (0)20 7116 6132/6586 Forward Looking Statements This document contains certain forward-looking statements within the meaning of Section 21E of the US Securities Exchange Act of 1934, as amended and Section 27A of the US Securities Act of 1933, as amended, with respect to certain of the plans, current goals and expectations of Absa Group Limited (Absa) relating to its future financial condition and performance. These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts. Forward-looking statements sometimes use words such as 'aim', 'anticipate', 'target', 'expect', 'estimate', 'intend', 'plan', 'objective', 'believe', or other words of similar meaning. Examples of forward-looking statements include, among others, statements regarding Absa's future financial position, income growth, impairment charges, business strategy, projected levels of growth in the banking and financial markets, projected costs, estimates of capital expenditures, and plans and objectives for future operation. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances including, but not limited to, the further development of standards and interpretations under International Financial Reporting Standards (IFRS) applicable to past, current and future periods, evolving practices with regard to the interpretation and application of standards under IFRS and pending tax elections with regard to certain subsidiaries, as well as South African domestic and global economic and business conditions, market related risks such as changes in interest rates and exchange rates, the policies and actions of government and regulatory authorities, changes in legislation, the outcome of pending and future litigation, the impact of competition, and Absa's ability to increase earnings per share from acquisitions, which may be affected, among other things, by the ability to realise expected synergies, integrate businesses, and costs associated with the acquisition and integration - a number of which factors are beyond Absa's control. As a result, Absa's actual future results may differ materially from the plans, goals, and expectations set forth in Absa's forward-looking statements. Any forward-looking statements made by or on behalf of Absa speak only as of the date they are made. Absa does not undertake to update forward-looking statements to reflect any changes in its expectations with regard thereto or any changes in events, conditions or circumstances on which any such statement is based. The reader should, however, consult any additional disclosures that Absa has made or may make in documents it has filed or may file with South African regulatory authorities including its most recent annual report. This information is provided by RNS The company news service from the London Stock Exchange

Companies

Barclays (BARC)
UK 100

Latest directors dealings