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NED
NED
NED - Nedbank Group - Dealings in Securities by Executive Director
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 EXECUTIVE DIRECTOR
In terms of paragraph 3.63 - 3.66 of the Listings Requirements of the JSE
Limited, the following information is disclosed in respect of the exercise of
share options and dealing in Nedbank Group ordinary shares by an executive
director of Nedbank Group and Nedbank Limited:
Name: MWT Brown
Capacity: Chief executive
Option exercise date: 28 June 2010
Strike price: R76,79
Option issue date: 30 June 2005
Option vesting date: 30 June 2008
Option expiry date: 30 June 2010
Number of securities: 20 000
Total value: R1 535 800,00
Nature of transaction: Exercise of share options
Nature of trade: Off market
Extent of interest: Direct beneficial
Name: MWT Brown
Capacity: Chief executive
Date of the transaction: 28 June 2010
Price per share: R124,50
Number of securities: 20 000
Total value: R2 490 000,00
Nature of transaction: Sale
Nature of trade: On market
Extent of interest: Direct beneficial
Taxable gain: R954 200,00
The required prior written clearance for the exercise of the options and the
dealing in shares has been obtained.
Sandton
29 June 2010
Sponsors to Nedbank Group in South Africa:
Merrill Lynch South Africa (Pty) Limited
Nedbank Capital
Sponsor to Nedbank Group in Namibia:
Old Mutual Investment Services (Namibia) (Pty) Limited
Date: 29/06/2010 14:59:01 Produced by the JSE SENS Department.
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