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Fri 26 Oct 2007, 9:40 NEDB - Nedbank Limited - Issue Of Share Instalment
JSE   MSMNIBTONNIBWHLNIBMURNIBHLMNIBTRUNIBRLONIB
 NEDB                                                                            
NEDB - Nedbank Limited - Issue Of Share Instalments                             
NEDBANK LIMITED                                                                 
ISSUE OF SHARE INSTALMENTS                                                      
Underlying          HULAMIN LIMITED     MASSMART HOLDINGS   MURRAY AND ROBERTS  
Instrument                              LIMITED             HOLDINGS LIMITED    
Issue Size          100000000           100000000           100000000           
Ratio               1:1                 1:1                 1:1                 
Style               American Call       American Call       American Call       
Maturity Date       24-Oct-08           24-Oct-08           24-Oct-08           
JSE Codes           HLMNIB              MSMNIB              MURNIB              
Strike (In cents)   1,129               4,101               5,125               
ISIN No             ZAE000108072        ZAE000108098        ZAE000108106        
                                                                                
Underlying          REUNERT LIMITED     TONGAAT HULETT      TRUWORTHS           
Instrument                              GROUP LIMITED       INTERNATIONAL       
LIMITED              
Issue Size          100000000           100000000           100000000           
Ratio               1:1                 1:1                 1:1                 
Style               American Call       American Call       American Call       
Maturity Date       24-Oct-08           24-Oct-08           24-Oct-08           
JSE Codes           RLONIB              TONNIB              TRUNIB              
Strike (In cents)   3,600               4,950               1,675               
ISIN No             ZAE000108114        ZAE000108122        ZAE000108130        

Underlying          WOOLWORTHS LIMITED                                          
Instrument                                                                      
Issue Size          100000000                                                   
Ratio               1:1                                                         
Style               American Call                                               
Maturity Date       24-Oct-08                                                   
JSE Codes           WHLNIB                                                      
Strike (In cents)   912                                                         
ISIN No             ZAE000108148                                                
                                                                                
The Issuers Services Division of The JSE Limited ("JSE") has approved the       
listing of the above-mentioned Warrants and trading will commence on 25 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                                                            
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: 26/10/2007 09:40:01 Produced by the JSE SENS Department.                  
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