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Thu 4 Oct 2007, 9:32 NEDB - Nedbank Limited - Issue Of Nitro Share Inst
JSE   AGLNNAGFINNAFSRNNASBKNNATKGNNAIMPNNASOLNNABILNNASTXNNAMTNNNAINPNNA
 NEDB                                                                            
NEDB - Nedbank Limited - Issue Of Nitro Share Instalments                       
NEDBANK LIMITED                                                                 
ISSUE OF NITRO SHARE INSTALMENTS                                                
Underlying             ANGLO     BHP BILLITON     FIRSTRAND    GOLDFIELDS       
Instrument         AMERICAN PLC                      LTD                        
Issue Size           100000000     100000000      100000000     100000000       
Ratio                   1:1           1:1            1:1           1:1          
Style                American      American       American      American        
                      Call          Call           Call          Call           
Maturity Date        02-Oct-08     02-Oct-08      02-Oct-08     02-Oct-08       
JSE Codes             AGLNNA        BILNNA         FSRNNA        GFINNA         
Strike in cents       34,762        18,447          1,718         9,053         
ISIN no            ZAE000105268  ZAE000105276   ZAE000105284  ZAE000105292      
                                                                                
Underlying            IMPALA     INVESTEC PLC     MTN GROUP     STANDARD        
Instrument           PLATINUM                        LTD       BANK GROUP       
Issue Size           100000000     100000000      100000000     100000000       
Ratio                   1:1           1:1            1:1           1:1          
Style                American      American       American      American        
Call          Call           Call          Call           
Maturity Date        02-Oct-08     02-Oct-08      02-Oct-08     02-Oct-08       
JSE Codes             IMPNNA        INPNNA         MTNNNA        SBKNNA         
Strike in cents       18,255         5,475          8,206         7,875         
ISIN no            ZAE000105300  ZAE000105318   ZAE000105326  ZAE000105334      
                                                                                
Underlying           SASOL LTD     SATRIX40       TELKOM SA                     
Instrument                                           LTD                        
Issue Size           100000000     100000000      100000000                     
Ratio                   1:1           1:1            1:1                        
Style                American      American       American                      
                      Call          Call           Call                         
Maturity Date        02-Oct-08     02-Oct-08      02-Oct-08                     
JSE Codes             SOLNNA        STXNNA         TKGNNA                       
Strike in cents       23,861         2,077         13,379                       
ISIN no            ZAE000105342  ZAE000105359   ZAE000105367                    

The Issuers Services Division of The JSE Limited ("JSE") has approved the       
listing of the above-mentioned Warrants and trading will commence on 03 October 
2007.                                                                           
All members of the JSE may participate in trading which will occur according to 
normal JSE Rules. Settlement will be effected electronically through STRATE.    
Copies of the warrant program and pricing supplement are available at the       
address stated below.                                                           
No share instalment may be (1) subscribed for, or purchased by a Non-Resident   
or (2) sold to a Non-Resident or (3) beneficially held or owned by a Non-       
Resident. If notwithstanding the foregoing, any Non-Resident acquires or        
beneficially holds or owns any share instalment, such Non-Resident will not be  
recognised by the issuer and such Non-Resident shall have no rights or          
entitlements of whatsoever nature under such share instalment.                  
6th Floor Corporate Place                                                       
135 Rivonia Rd Sandown                                                          
2196                                                                            
For further information contact:                                                
Nedbank Ltd                                                                     
011 535 4030                                                                    
Sponsor                                                                         
Nedbank Corporate Finance Division                                              
(A division of Nedbank Limited)                                                 
Date: 04/10/2007 09:32:10 Produced by the JSE SENS Department.                  
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