Absa Bank Botswana : NOTICE TO OUR VALUED SHAREHOLDERS

29 August 2023

NOTICE TO OUR VALUED SHAREHOLDERS

Absa Bank Botswana Limited ("the Company") is required in line with the Botswana Stock Exchange ("BSE") Listings Requirements, to announce through the BSE and to shareholders any circumstances or events that have, or are likely to have, a material effect on the financial results of the Company for the period to be reported on.

The Board of the Company therefore hereby advises shareholders that the Company's condensed consolidated interim results for the period ended 30 June 2023 will be higher than those reported for the 6 months period ended 30 June 2022. Profit before tax is expected to be higher, by between 10 - 20 percent (approximately P39 million to P79 million), than that reported for the 6 months period ended 30 June 2022, which amounted to P395 million.

The full details will be provided to shareholders at the announcement of the half year financial results due to be released on 14 September 2023.

Accordingly, the shareholders of the Company and potential investors are advised to exercise caution when trading in the Company's securities until the results are formally published.

By order of the Board of Directors

Daniel Neo Moroka

Board Chairman

For more information, please contact:
Puseletso Nyamambi	Yonta Leburu
Acting Head of Compliance	Company Secretary
Absa Bank Botswana Limited	Absa Bank Botswana Limited
[e-mail]	[e-mail]