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Thu 3 Jul 2008, 10:14 NED - Nedbank Group - Expiry of Share Options held by Executive Directors
NED
NED                                                                             
NED - Nedbank Group - Expiry of Share Options held by Executive Directors       
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 group")                                                
EXPIRY OF SHARE OPTIONS HELD BY EXECUTIVE DIRECTORS                             
The following share options for Nedbank Group ordinary shares held by the       
executive directors of Nedbank Group and Nedbank Limited expired on 2 July 2008,
as a result of not being exercised within the vesting period:                   
                    Number of                                                   
                    options      Strike     Date of                             
Name                 awarded      price      issue                              
TA Boardman          126 200      R123,60    2 July 2002                        
(Chief executive)                                                               
MWT Brown             72 800      R123,60    2 July 2002                        
(Chief financial officer)                                                       
Sandton                                                                         
3 July 2008                                                                     
Sponsors                                                                        
Merrill Lynch South Africa (Pty) Limited                                        
Nedbank Capital                                                                 
Date: 03/07/2008 10:14:01 Produced by the JSE SENS Department.                  
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