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NED NBKP
NED NBKP
NED / NBKP - Nedbank Group / Nedbank Limited - Moody`s Affirms Nedbank Limited`s
ratings
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")
NEDBANK LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1951/000009/06
JSE share code: NBKP
ISIN: ZAE000043667
MOODY`S AFFIRMS NEDBANK LIMITED`S RATINGS
Moody`s Investors Service has released a report which affirmed the ratings of
Nedbank Limited, the 100%-owned subsidiary of Nedbank Group, at Bank Financial
Strength Rating `C` and Long-term Local Currency Deposit Rating at `Aa3`. The
full list of the ratings are as follows:
NEDBANK LIMITED
Bank financial strength rating affirmed at `C`
Outlook for Bank financial strength rating affirmed at `Stable`
Global local currency long-term deposits affirmed at `Aa3`
Global local currency short-term deposits affirmed at `Prime-1`
Foreign currency long-term bank deposits affirmed at `Baa1`
Foreign currency short-term bank deposits affirmed at `Prime-2`
Outlook for Foreign currency deposit rating affirmed at `Positive`
National Scale Rating long-term bank deposits affirmed at `Aa1.za`
National Scale Rating short-term bank deposits affirmed at `Prime-1`
Sandton
18 December 2008
For further information contact
Tier 1 Investor Relations
Tel: +27 (0)21 702-3102
Sponsors to Nedbank Group:
Merrill Lynch South Africa (Pty) Limited
Nedbank Capital
Sponsor in Namibia:
Old Mutual Investment Services (Namibia) (Pty) Ltd
Sponsors to Nedbank Limited
Nedbank Capital
Investec Bank Limited
Date: 18/12/2008 10:37:20 Produced by the JSE SENS Department.
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