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Fri 31 Oct 2008, 14:12 REINIA - Nedbank Limited - Adjustment To The Terms And Conditions Of The Nedbank
JSE   REINIA
NEDB                                                                            
REINIA - Nedbank Limited - Adjustment To The Terms And Conditions Of The Nedbank
Reinet Investments SCA Share Instalment                                         
ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE NEDBANK REINET INVESTMENTS SCA    
SHARE INSTALMENT                                                                
Nedbank Limited                                                                 
SHARE CODE: REINIA                                                              
ISIN CODE:  ZAE000128278                                                        
REINET INVESTMENTS SCA CAPITAL REDUCTION TERMS                                  
With reference to the SENS announcement sent on Wednesday, 29 October 2008. The 
Share Instalment Trust will make the below payments for every 100 REINIA held.  
REINIA fraction payment   =  0.68874 X {R12.11 (Two day VWAP                    
average)- R9.50(Strike price)}                         
                         =  R1.80                                               
BTI entitlement = 6.113426 (BTI shares) X R281.13(Two day VWAP                  
                 average)                                                       
= R1,718.67                                                      
Payment date for this event is Tuesday, 4 November 2008.                        
6th Floor Corporate Place                                                       
135 Rivionia 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               
1951/000009/06.                                                                 
http://www.nedbank.co.za/website/content/equitycapitalmarket/index.asp          
Date: 31/10/2008 14:12:03 Produced by the JSE SENS Department.                  
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