This document summarizes the full year 2010 financial results of BancABC. Key highlights include increased profits, margins, and balance sheet size. The bank saw positive growth in net interest income driven by improved margins and liquidity. Impairments were under control. By country, Botswana and Zimbabwe saw growth while Mozambique was affected by exchange rate volatility. The presentation outlines the bank's strategic focus on expanding retail banking, increasing non-interest income, reducing costs, and investing for continued growth across its operations in southern Africa in 2011.

1. BancABC Full Year Financial Results 201014 March 2011

2. AGENDAHighlights

3. Economic overview

4. Financial review

5. Operational overview

6. Strategy and outlookHIGHLIGHTSDouglas Munatsi

7. Financial Highlights4BancABC Full Year Financial Results 2010

8. Financial Highlights (cont’d)5BancABC Full Year Financial Results 2010

9. Operational Highlights6BancABC Full Year Financial Results 2010

10. ECONOMIC OVERVIEWDouglas Munatsi

11. 8Economic OverviewBancABC Full Year Financial Results 2010

12. 9Economic Overview

13. Economic Growth Outlook & Size of Markets (USD m)10

14. Economic Growth in ABC Markets11BancABC Full Year Financial Results 2010

15. ABC Markets Banking Sector Landscape As of Oct-10 12* * GDP for 2010* As of Dec-10

16. Banking Sector Deposits and Loans13BancABC Full Year Financial Results 2010

17. 14Annual Inflation TrendsBancABC Full Year Financial Results 2010

18. Interest Rate Profiles15BancABC Full Year Financial Results 2010Source: Respective Central Banks

19. 16Exchange Rate Movement vs. USDBancABC Full Year Financial Results 2010

20. 17BWP vsExchange Rates Ex Rate Movement of BWP against Foreign CurrencyDepreciationAppreciation

21. FINANCIAL REVIEWBeki Moyo18

22. Income Statement19

23. Income Statement (USD)20

24. Attributable Profit Trends21

25. Income Statement – Segmental Analysis22

26. Income Statement – Segmental Analysis (USD)23

27. Income Statement – Net Interest IncomePositive trend in net interest income driven by increased margins, better liquidity and increased balance sheet sizeImpairments were largely under control improving net margins after impairments24

28. Income Statement – Segmental AnalysisMozambique affected by exchange and interest rate volatility25

29. Income Statement – Impairments & NPLsImpairment and credit loss ratios declined Credit losses declined sharply owing to improved credit risk management Net NPLs covered by collateralOverall NPLs have now stabilised26

30. Income Statement – Non-Interest Income27

31. 28Income Statement – Non-Interest Income

32. Income Statement – Cost to Income Ratio29

33. Income Statement – Staff Costs30

34. Retail Banking CAPEX31

35. Balance Sheet 32

36. Balance Sheet (USD)33

37. Balance Sheet – Overview34

38. Balance Sheet – Loans and Advances35

39. Balance Sheet – Deposits36

40. Balance Sheet – Capital Adequacy37

41. OPERATIONAL OVERVIEWFrancis Dzanya38

42. Operations Summary17 Retail branches as of nowStaff compliment now 39ABCH Group693 EmployeesBotswanaMozambiqueTanzaniaZambiaZimbabweSouth AfricaBancABC Botswana106 EmployeesBancABC Mozambique102 EmployeesBancABC Tanzania81 EmployeesBancABC Zambia125 EmployeesBancABC Zimbabwe232 EmployeesBancABC South Africa47 Employees100%100%100%100%81%100%

43. 40Operations SummaryOverall improvement of loan bookAll subsidiaries adequately capitalizedMozambique additional tier I capital of US $3m and tier II capital of US $2m Zambia additional tier I capital of US $5m and tier II capital of US $1m Zimbabwe additional tier I capital of US $10m41Operations Summary

44. Botswana Highlights42BancABC Full Year Financial Results 2010

45. Mozambique Highlights43BancABC Full Year Financial Results 2010

46. Tanzania HighlightsBancABC Full Year Financial Results 201044

47. Zambia Highlights45BancABC Full Year Financial Results 2010

48. Zimbabwe Highlights46BancABC Full Year Financial Results 2010

49. STRATEGY AND OUTLOOKDouglas Munatsi

50. Follow up on 2010 Objectives48STRATEGIC ACTIVITIESOBJECTIVERESULTSExpand Retail Banking business

51. Cross sell products to borrowing customersIncrease Non-Interest IncomeOn-goingReduce Impairments Boost Net Interest IncomeImproved credit management

52. Managed growth of the loan portfolioAchieved, but results lagging in TanzaniaOn-goingReduce cost of FundingExpansion of Retail Banking footprintControl OperatingcostsCosts driven by incremental revenue potential