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Wed 17 Oct 2007, 7:05 PIKNID - Nedbank - Dividend Distribution Announcem
JSE   PIKNID
 NEDB                                                                            
PIKNID - Nedbank - Dividend Distribution Announcement In Relation To            
                   The PIK Share Instalment                                     
NEDBANK LIMITED                                                                 
Share Code: PIKNID & Code: ZAE000105607                                         
DIVIDEND DISTRIBUTION ANNOUNCEMENT IN RELATION TO THE PIK SHARE INSTALMENT      
Notice is hereby given of the dividend amount payable for PICK N PAY STORES     
LTD and that as a result of the dividend declaration relating to PICK N PAY     
STORES LTD (PIK) the Trustees of the PIK Share Instalment have declared a       
dividend amount of 31.1 cents per PIKNID share instalment that is payable on    
Tuesday, 18 December 2007.                                                      
The last day to trade cum dividend is Friday, 7 December 2007. The share        
instalment will commence trading ex dividend from Monday, 10 December 2007 and  
the record date will be Friday, 14 December 2007.                               
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.                  
For more information contact Nedbank Equity Derivatives on (011) 535 4030       
135 Rivonia Road, Sandton                                                       
16 October 2007                                                                 
Sponsor Nedbank Capital                                                         
Date: 17/10/2007 07:05:01 Produced by the JSE SENS Department.                  
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