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Fri 3 Oct 2008, 9:00 NEDB - Nedbank Limited - Issue of Nitro share instalments
JSE
NEDB                                                                            
NEDB - Nedbank Limited - Issue of Nitro share instalments                       
NEDBANK LIMITED                                                                 
SENS ANNOUNCEMENT ISSUE OF NITRO SHARE INSTALMENTS                              
Listing date 03-10-2008                                                         
Underlying   Issue      Ratio  Style    Maturity  JSE     Strike   ISIN No      
Instrument   Size                       Date      Codes                         
ANGLO        100000000  1:1    American 02-Oct-   AGLNNB  19,388   ZAE000127189 
AMERICAN PLC                   Call     09                                      
BHP BILLITON 100000000  1:1    American 02-Oct-   BILNNB  12,571   ZAE000127197 
                              Call     09                                       
FIRSTRAND    100000000  1:1    American 02-Oct-   FSRNNC  1,220    ZAE000127205 
LTD                            Call     09                                      
GOLDFIELDS   100000000  1:1    American 02-Oct-   GFINNC  5,269    ZAE000127213 
                              Call     09                                       
IMPALA       100000000  1:1    American 02-Oct-   IMPNNB  11,025   ZAE000127221 
PLATINUM                       Call     09                                      
INVESTEC PLC 100000000  1:1    American 02-Oct-   INPNNC  3,525    ZAE000127239 
                              Call     09                                       
MTN GROUP    100000000  1:1    American 02-Oct-   MTNNNB  8,250    ZAE000127247 
LTD                            Call     09                                      
STANDARD     100000000  1:1    American 02-Oct-   SBKNNC  6,518    ZAE000127254 
BANK GROUP                     Call     09                                      
SASOL LTD    100000000  1:1    American 02-Oct-   SOLNNB  23,573   ZAE000127262 
Call     09                                       
SATRIX40     100000000  1:1    American 02-Oct-   STXNNB  1,532    ZAE000127270 
                              Call     09                                       
TELKOM SA    100000000  1:1    American 02-Oct-   TKGNNC  8,063    ZAE000127288 
LTD                            Call     09                                      
The Issuers Services Division of The JSE Limited ("JSE") has approved the       
listing of the above-mentioned Warrants and trading will commence on 03 October 
2008.                                                                           

All members of the JSE may participate in trading which will occur according to 
normal JSE Rules. Settlement will be effected electronically through STRATE.    
                                                                                
Copies of the warrant program and pricing supplement are available at the       
address stated below.                                                           
No share instalment may be (1) subscribed for, or purchased by a Non-Resident or
(2) sold to a Non-Resident                                                      
(3) beneficially held or owned by a Non-Resident. If notwithstanding the        
foregoing,                                                                      
any Non-Resident acquires or beneficially holds or owns any share instalment ,  
such Non-Resident will not be recognised by the issuer                          
and such Non-Resident shall have no rights or entitlements of whatsoever nature 
under such share instalment.                                                    
6th Floor Corporate Place                                                       
135 Rivonia Rd Sandown                                                          
2196                                                                            
For further information contact :                                               
Nedbank Ltd                                                                     
011 535 4030                                                                    

Sponsor                                                                         
Nedbank Corporate Finance Division                                              
(A division of Nedbank Limited)                                                 
Nedbank Group Limited                                                           
Incorporated in the Republic of South Africa, Registration number Reg No        
1951/000009/06                                                                  
http://www.nedbank.co.za/website/content/equitycapitalmarket/index.asp          
Date: 03/10/2008 09:00:04 Produced by the JSE SENS Department.                  
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