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JSE   TOPNBP
 NEDB                                                                            
    TOPNBP - Nedbank Limited - Notice of expiry of warrants                     
                                                                                
    NEDBANK LIMITED                                                             

    SENS ANNOUNCEMENT - NOTICE OF EXPIRY OF WARRANTS                            
                                                                                
    Nedbank Limited hereby gives notice of the expiry of the following Warrants 
on the 21/06/2007                                                           
                                                                                
                                                                                
                                                                                
Underlying Instrument         FTSE JSE AFRICA TOP40 TRADEABLE               
                                  INDEX                                         
    ISIN                          ZAE000090684                                  
    Issue Size                    100000000                                     
Strike                        20700                                         
    Ratio                         3000:1                                        
    Type                          EP                                            
    Expiy Date                    2007/06/21                                    
Code                          TOPNBP                                        
                                                                                
    For all settlement details please contact the issuer on 011 535-4030 or via 
    e-mail nedbankequitymarkets@nedbank.co.za                                   
Copies of the warrant program and pricing supplement are available at the   
    address stated below.                                                       
    6th Floor Corporate Place                                                   
    135 Rivonia Rd Sandown                                                      
2196                                                                        
    For further information contact :                                           
    Nedbank Ltd                                                                 
    011 535 4030                                                                
Sponsor                                                                     
    Nedbank Capital                                                             
    (A division of Nedbank Limited)                                             
Date: 21/06/2007 09:02:30 Produced by the JSE SENS Department.

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