SBKNID - Nedbank Limited - adjustment to the terms
JSE SBKNID
NEDB
SBKNID - Nedbank Limited - adjustment to the terms and conditions of the
Nedbank`s Standard Bank Group share instalment
ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE NEDBANK`S STANDARD BANK GROUP
SHARE INSTALMENT
Nedbank Limited
Share Code: SBKNID
ISIN Code: ZAE000094173
The SBK Corporate Event
The SBK share instalment will pay an interest amount on the total amount of
share instalments repurchased to compensate for the loss of interest on 38 days.
The rate of interest is calculated as follows:
R 52.65 (Strike price) X 12.9% = R 6.79 (Interest paid upfront)
38/365 = 10.41% (Days remaining in period before maturity)
R 6.79 X 10.41% = 71 cents (interest payable per SBKNID)
Interest due = Number of SBKNID instalments bought back X 71 cents.
Payment date for the interest is Monday, 17 March 2008.
For more information contact Nedbank Equity Derivatives on (011) 535 4030.
135 Rivonia Road, Sandton
14 March 2008
Sponsor Nedbank Capital
Regards
Yolanda Le Roux
Equity Capital Markets
Date: 14/03/2008 12:21:01 Produced by the JSE SENS Department.
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