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Thu 30 Oct 2008, 10:56 NED - Nedbank Group - Dealings in Securities by Non-executive Directors
NED
NED                                                                             
NED - Nedbank Group - Dealings in Securities by Non-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")                                                               
DEALINGS IN SECURITIES BY NON-EXECUTIVE DIRECTORS                               
The board of Nedbank Group has approved the following allocations on 28 October 
2008 to non-executive directors of Nedbank Group and Nedbank Limited            
participating in the Nedbank Eyethu Non-executive Directors Scheme. The Nedbank 
Eyethu Non-executive Directors Trust purchased these shares at a cost of R101,54
per share on 1 September 2008, utilising the 2008 interim cash dividend in terms
of the rules governing this scheme.                                             
Number of   Value of                                               
Name of       shares      shares       Type of                                  
director      allocated   allocated    holding                                  
TCP Chikane    2 575      R261 465,50  Indirect Beneficial                      
B de L Figaji  3 360      R341 174,40  Indirect Beneficial                      
JB Magwaza     3 360      R341 174,40  Indirect Beneficial                      
ME Mkwanazi    3 360      R341 174,40  Indirect Beneficial                      
ML Ndlovu      6 721      R682 450,34  Indirect Beneficial                      
Prior written approval in terms of paragraph 3.66 of the Listings Requirements  
has been obtained.                                                              
Sandton                                                                         
30 October 2008                                                                 
Sponsors:                                                                       
Merrill Lynch South Africa (Pty) Limited                                        
Nedbank Capital                                                                 
Date: 30/10/2008 10:56:01 Produced by the JSE SENS Department.                  
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