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Fri 29 Aug 2008, 15:59 NED - Nedbank Group - Dealing in securities by director
NED
NED                                                                             
NED - Nedbank Group - Dealing in securities by director                         
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")                                                               
DEALING IN SECURITIES BY DIRECTOR                                               
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE, the  
following information is disclosed in respect of the exercise of share options  
and the dealing in Nedbank Group ordinary shares by an executive director of    
Nedbank Group and Nedbank Limited:                                              
Name:                     TA Boardman                                           
Capacity:                 Chief Executive                                       
Date of transaction:      28 August 2008                                        
Strike price:             R60,01                                                
Number of securities:     125 000                                               
Total value:              R7 501 250,00                                         
Nature of transaction:    Exercise of share options                             
Extent of interest:       Direct beneficial                                     
Name:                     TA Boardman                                           
Capacity:                 Chief Executive                                       
Date of transaction:      28 August 2008                                        
Price per share:          R106,96                                               
Number of securities:     100 000                                               
Total value:              R10 696 400,00                                        
Nature of transaction:    Sale on the open market                               
Extent of interest:       Direct beneficial                                     
The required prior written clearance for the exercise of the options and the    
dealing in shares has been obtained.                                            
Sandton                                                                         
29 August 2008                                                                  
Sponsors                                                                        
Merrill Lynch South Africa (Pty) Limited                                        
Nedbank Capital                                                                 
Date: 29/08/2008 15:59:16 Produced by the JSE SENS Department.                  
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