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Thu 10 Aug 2017, 10:15 NEDBANK LIMITED - S&P revises Nedbank Limiteds national scale credit ratings
NBK11A NBK12A NBK13A NBK16A NBK17A NCLN83 NCLN85 NBK19A NBK20A NBK18A NED20 NBK21A NBK24A NBK23A NBK22A NBK26A NBK27A NBK14A NBK15A NBK25A NBK3A NBK4 NBK28A 201708100020A
S&P revises Nedbank Limited’s national scale credit ratings

NEDBANK LIMITED
Nedbank Limited Reg No 1951/000009/06
Incorporated in the Republic of South Africa
Alpha Code: BINBK

S&P revises Nedbank Limited’s national scale credit ratings

Noteholders are referred to the S&P Global Ratings (S&P) press release issued on 07 August
2017. S&P has recalibrated its national scale mapping table for South Africa, and as a result there
has been a revision to the national scale ratings of Nedbank Limited as follows:

                                               To                  From
South Africa National Scale Long-Term:         zaAA                zaA
South Africa National Scale Short-Term:        zaA-1+              zaA


10 August 2017

Debt Sponsor: Nedbank CIB

Registered office: Nedbank 135 Rivonia Campus, 135 Rivonia Road, Sandown, Sandton, 2196; PO Box
1144, Johannesburg, 2000.

Date: 10/08/2017 10:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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