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NED
NED
NED - Nedbank Group - Dealings in Securities by executive directors and company
secretary
NEDBANK GROUP LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1966/010630/06
JSE share code: NED
NSX share code: NBK
ISIN: ZAE000004875
("Nedbank Group" or "the company")
DEALINGS IN SECURITIES BY EXECUTIVE DIRECTORS, COMPANY SECRETARY AND ASSOCIATE
OF THE COMPANY SECRETARY
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE, the
following information is disclosed in respect of the matching of Nedbank Group
ordinary shares in terms of the 2005 Matched Share Scheme in respect of the
executive directors, the company secretary and an associate of the company
secretary of Nedbank Group.
Name: TA Boardman
Capacity: Executive director
Date of the transaction: 3 June 2008
Number of securities: 15 098
Extent of interest: Direct beneficial
Name: MWT Brown
Capacity: Executive director
Date of the transaction: 3 June 2008
Number of securities: 9 803
Extent of interest: Direct beneficial
Name: GS Nienaber
Capacity: Company secretary
Date of the transaction: 3 June 2008
Number of securities: 588
Extent of interest: Direct beneficial
Name: R Nienaber
Capacity: Associate of company secretary
Date of the transaction: 3 June 2008
Number of securities: 849
Extent of interest: Direct beneficial
The Matched Share Scheme allows for voluntary participation in an amount up to
50% of an employee`s annual after-tax bonus. This participation may be in the
form of the employee acquiring shares in the company or committing shares
already owned by them up to an equivalent value. The employee may dispose of
these shares at any time prior to the matching date, which would cancel their
participation in the Scheme in respect of these shares.
On the anniversary date (the day following three years after the inception date)
50% of the shares still held in trust in respect of the participant`s portfolio
are matched on a one for one basis if the person is in the employ of the company
and a further 50% of the shares still held in trust on the anniversary date are
matched on a one for one basis if a predetermined company performance target was
met.
The persons listed above were still in the employ of the company on 3 June 2008
and the predetermined company performance target for the 2007 financial year was
met.
The required prior written clearance for the matching of these shares has been
obtained.
Sandton
4 June 2008
Sponsors
Merrill Lynch South Africa (Pty) Limited
Nedbank Capital
Date: 04/06/2008 11:00:01 Produced by the JSE SENS Department.
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