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Mon 25 Nov 2019, 13:44 Full capital redemption : NED18
Full capital redemption : NED18: 
NEDBANK LIMITED
JSE Code: NED18          ISIN No: ZAG000123019

Full Capital Redemption - NED18

In accordance with the provisions of the terms and conditions of
Nedbank Limited ( Nedbank') Unsecured subordinated notes - "NED
18" under sections D3 and D4(a)( Optional Redemption') of the
Pricing Supplement dated 14 January 2015, investors are herewith
advised of the full capital redemption of NED18 effective 16
January 2020.

In accordance with the terms and conditions, the South African
Registrar   of   Banks    has   granted   written   approval   of   the
Optional Redemption of the NED18 Notes at the option of
Nedbank.

              Capital                     Amount           Record
              redemption                  outstanding      Date
              amount                      after
                                          capital
                                          redemption

NED18         R225,000,000.00             R0.00            Wednesday,
                                                           15 January
                                                           2020


25 November 2019

Sponsor
Nedbank CIB

Date: 25-11-2019 01:45:00
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