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Thu 28 Jul 2011, 15:27 MNDNIF - Nedbank Limited - Adjustment to the terms and conditions of Nedbank
JSE   MNDNIF
NEDB                                                                            
MNDNIF - Nedbank Limited - Adjustment to the terms and conditions of Nedbank    
Mondi Limited Share Instalment                                                  
Share Code:  MNDNIF                                                             
ISIN Code:   ZAE000155834                                                       
Consolidation:                                                                  
With reference to the Consolidation announcement by MONDI LIMITED, for every 100
MND (ZAE000097051) held ,shareholders will have them replaced by 80.54 NEW MONDI
LIMITED SHARES( ZAE000156550)                                                   
Details Of The Event: reverse stock split ( consolidation)                      
*    Last day to trade in order to be eligible for the consolidation is Friday, 
    29 July 2011.                                                               
*    The first dealing date in the new MND stock will be Monday, 01 August 2011.
Holders Of The MNDNIF Share Instalment Will Be Affected In The Following Way:   
*    Due to the consolidation of the Mondi Limited Share Issue, the issue size  
    of MNDNIF share instalment (ZAE000155834) will change from 100,000,000 to   
80,540,000 (ZAE000158747)                                                   
*    The trust will buy back 100 MNDNIF (ZAE000155834) at zero cents and replace
    the holding with 80.54 MNDNIF(ZAE000158747) at zero cents. Standard         
    rounding will apply to the entitlement.                                     
For more information contact Nedbank Equity Derivatives on (011) 535 4030.      
135 Rivonia Road, Sandton                                                       
28 July 2011                                                                    
Sponsor Nedbank Capital                                                         
Date: 28/07/2011 15:27:01 Produced by the JSE SENS Department.                  
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