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Thu 23 Dec 2010, 14:15 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 following Nedbank Group ordinary shares were allocated on 22 December 2010  
to non-executive directors of Nedbank Group and Nedbank Limited participating in
the Nedbank Eyethu Non-executive Directors Scheme, which was approved by        
shareholders in general meeting on 22 July 2005. The Nedbank Eyethu Non-        
executive Directors Trust purchased these shares at a cost of R137,73 per share 
on 19 October 2010, utilising the 2010 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     1 445     R199 019,85  Indirect Beneficial                      
B de L Figaji   1 886     R259 758,78  Indirect Beneficial                      
NP Mnxasana       777     R107 016,21  Indirect Beneficial                      
Prior written approval in terms of paragraph 3.66 of the Listings Requirements  
has been obtained.                                                              
Sandton                                                                         
23 December 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) Ltd                              
Date: 23/12/2010 14:15:01 Produced by the JSE SENS Department.                  
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