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Tue 14 Apr 2009, 16:03 NED - Nedbank Group - Issue of capitalisation award shares to non-executive
NED
NED                                                                             
NED - Nedbank Group - Issue of capitalisation award shares to 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")                                                               
ISSUE OF CAPITALISATION AWARD SHARES TO NON-EXECUTIVE DIRECTORS                 
The following information is disclosed in respect of the capitalisation award   
of ordinary Nedbank Group shares issued at R75,84 per share on 14 April 2009    
to non-executive directors of Nedbank Group and Nedbank Limited who elected     
this option:                                                                    
             Number of   Value of                                               
Name of       shares      shares     Type of                                    
director      awarded     awarded    holding                                    
TCP Chikane     3 553   R269 459,52  Indirect Beneficial                        
B de L Figaji   4 637   R351 670,08  Indirect Beneficial                        
MA Enus-Brey       23     R1 744,32  Indirect Beneficial                        
MM Katz           197    R14 940,48  Indirect Beneficial                        
JB Magwaza          7       R530,88  Direct Beneficial                          
JB Magwaza      4 637   R351 670,08  Indirect Beneficial                        
ME Mkwanazi     4 637   R351 670,08  Indirect Beneficial                        
NP Mnxasana     1 910   R144 854,40  Indirect Beneficial                        
ML Ndlovu      10 044   R761 736,96  Indirect Beneficial                        
Prior written approval in terms of paragraph 3.66 of the                        
Listings Requirements has been obtained.                                        
Sandton                                                                         
14 April 2009                                                                   
Sponsors:                                                                       
Merrill Lynch South Africa (Pty) Limited                                        
Nedbank Capital                                                                 
Date: 14/04/2009 16:03:01 Produced by the JSE SENS Department.                  
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