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Mon 25 Feb 2008, 10:52 SBKNBS - Nedbank - Adjustments to the terms and conditions of the Nedbank Ltd
JSE   SBKNBS
 NEDB                                                                            
SBKNBS - Nedbank - Adjustments to the terms and conditions of the Nedbank Ltd   
Warrants                                                                        
Nedbank Limited                                                                 
ISIN: ZAE000109740                                                              
Adjustments to the terms and conditions of the nedbank ltd warrants             
Following the Standard Bank group LTD (SBK) corporate event. Notice is hereby   
given to warrant holders of the Nedbank warrant SBKNBS.                         
CODE       ISIN Code     CALL / PUT  EXPIRY      STRIKE     RATIO               
SBKNBS     ZAE000109740  PUT         23/05/2008  100.00     20                  
The issuer will amend the terms and conditions of these warrants, to place      
the warrant holder in the same financial position they were prior to the        
share consolidation.                                                            
Adjusted Warrant Details                                                        
CODE       ISIN Code     CALL / PUT  EXPIRY      NEW STRIKE  NEW RATIO          
SBKNBS     ZAE000109740  PUT         23/05/2008  94.50       18.90              
The above changes will take effect as of the 25/02/2008.                        
The JSE Limited ("The JSE") Issuer Services Division has approved the           
adjustment                                                                      
of the above-mentioned warrants.                                                
For more information contact Nedbank Equity Derivatives on (011) 535 4030.      
135 Rivonia Road, Sandton                                                       
25 February 2008                                                                
Sponsor Nedbank Capital                                                         
Regards                                                                         
Marc Baulackey                                                                  
Equity Capital Markets                                                          
Date: 25/02/2008 10:52:01 Produced by the JSE SENS Department.                  
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