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Wed 16 Apr 2008, 16:45 IPLNID - Nedbank - Adjustment To The Terms And Con
JSE   IPLNID
 NEDB                                                                            
IPLNID - Nedbank - Adjustment To The Terms And Conditions Of Nedbank`s,         
                   Imperial Holdings Share Instalment                           
Nedbank Limited                                                                 
Share Code: IPLNID                                                              
ISIN Code: ZAE000105508                                                         
Adjustment To The Terms And Conditions Of Nedbank`s, Imperial Holdings Share    
Instalment                                                                      
The IPL Unbundling                                                              
With reference to the recent announcement Imperial Holdings Ltd has             
announced that they will be unbundling. In terms of which shareholders will     
receive 1 (EQS) Eqstra Holdings Limited share for every Imperial Holdings       
share held.                                                                     
Details Of The Event:                                                           
-    Last day to trade in order to be eligible for the unbundling is Friday,    
    9 May 2008.                                                                 
-    The first dealing date in Eqstra Holdings LTD will be Monday, 12 May       
2008.                                                                           
Holders Of The IPLNID Share Instalment Will Be Affected In The Following        
Way:                                                                            
-    For every IPLNID share instalment held, holders will receive 1 Eqstra      
    Holdings LTD share (ZAE000117123). Please note that holders will            
    receive the actual Eqstra Holdings LTD equity and not a share               
    instalment.                                                                 
-    Payment date for this adjustment will be Monday, 19 May 2008.              
For more information contact Nedbank Equity Derivatives on (011) 535 4030.      
135 Rivonia Road, Sandton                                                       
16 April 2008                                                                   
Sponsor Nedbank Capital                                                         
Date: 16/04/2008 16:45:27 Produced by the JSE SENS Department.                  
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