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Wed 10 Oct 2007, 16:58 NEDB - Nedbank Limited - Issue of share instalment
JSE   AVINIALBTNIBLGLNIDKIONIBJDGNIDAPANIDASANIDAMSNIDBVTNIDIPLNIDBAWNIDHARNID
 NEDB                                                                            
NEDB - Nedbank Limited - Issue of share instalments                             
NEDBANK LIMITED                                                                 
ISSUE OF SHARE INSTALMENTS                                                      
Underlying     ANGLO PLATINUM   APEXHI          ABSA GROUP        BARLOWORLD    
Instrument                     PROPERTIES                                       
Issue Size     100000000        100000000       100000000         100000000     
Ratio          1:1              1:1             1:1               1:1           
Style          American Call    American Call   American Call     American Call 
Maturity Date  09-Oct-08        09-Oct-08       09-Oct-08         09-Oct-08     
JSE Codes      AMSNID           APANID          ASANID            BAWNID        
Strike         R 558.50         R 8.10          R 66.50           R 64.50       
ISIN No        ZAE000105441     ZAE000105458    ZAE000105466      ZAE000105474  
                                                                                
                                                                                
Underlying     BIDVEST          HARMONY G M CO  IMPERIAL          JD GROUP LTD  
Instrument                     LTD             HOLDINGS LTD                     
Issue Size     100000000        100000000       100000000         100000000     
Ratio          1:1              1:1             1:1               1:1           
Style          American Call    American Call   American Call     American Call 
Maturity Date  09-Oct-08        09-Oct-08       09-Oct-08         09-Oct-08     
JSE Codes      BVTNID           HARNID          IPLNID            JDGNID        
Strike         R 67.25          R 35.59         R 68.25           R 31.05       
ISIN No        ZAE000105482     ZAE000105490    ZAE000105508      ZAE000105516  

                                                                                
Underlying     KUMBA RESOURCES  LIBERTY         LIBERTY GROUP     AVI LTD       
Instrument                     INTERNATIONAL   LTD                              
Issue Size     100000000        100000000       100000000         100000000     
Ratio          1:1              1:1             1:1               1:1           
Style          American Call    American Call   American Call     American Call 
Maturity Date  09-Oct-08        09-Oct-08       09-Oct-08         09-Oct-08     
JSE Codes      KIONIB           LBTNIB          LGLNID            AVINIA        
Strike         R 115.03         R 82.00         R 47.50           R 10.40       
Isin No        ZAE000105524     ZAE000105532    ZAE000105540      ZAE000105557  
The Issuers Services Division of The JSE Limited ("JSE") has approved the       
listing of the above-mentioned Warrants and trading will commence on            
10 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 (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: 10/10/2007 16:58:07 Produced by the JSE SENS Department.                  
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