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Wed 12 May 2004, 15:01 Shares Acquired by Directors in Terms of the Nedco
Nedcor Limited - Shares Acquired by Directors in Terms of the Nedcor Rights     
  Issue                                                                           
  NEDCOR LIMITED                                                                  
  (Incorporated in the Republic of South Africa)                                  
  Registration number: 1966/010630/06                                             
  JSE share code: NED                                                             
  ISIN code: ZAE000004875                                                         
  NEDCOR LIMITED - SHARES ACQUIRED BY DIRECTORS IN TERMS OF THE NEDCOR RIGHTS     
  ISSUE                                                                           
  The following information is disclosed in respect of the rights issue of        
  ordinary Nedcor Limited shares, acquired at R45 per share, by directors on 10   
  May 2004:                                                                       
  Name            Prior    Rights   Excess  Value of      Total new               
  of              share    shares   shares  shares        number of               
  Director      holding   acquired awarded acquired      shares held              
  Beneficial Direct Holdings                                                      
  RG Cottrell       370        153     -     R6 885,00       523                  
  JB Magwaza        106         44     -     R1 980,00       150                  
  ME Mkwanazi     1 604         43     -     R1 935,00     1 647                  
  GS Nienaber        25         10     -       R450,00        35                  
  (Company Secretary)                                                             
  CML Savage     5 909       2 443   100   R114 435,00     8 452                  
  Beneficial Indirect Holdings                                                    
  WAM Clewlow    2 016         833     -    R37 485,00     2 849                  
  MM Katz        3 023       1 250     -    R56 250,00     4 273                  
  MJ Levett     12 429       5 139   236   R241 875,00    17 804                  
  ML Ndlovu     12 946       5 353     -   R240 885,00    18 299                  
  Non-beneficial Indirect Holding                                                 
  CJW Ball         206          85     -     R3 825,00       291                  
  The required prior written clearance had been obtained by all directors and the 
  company secretary.                                                              
  Sandton                                                                         
  12 May 2004                                                                     
  Sponsors to Nedcor:                                                             
  Merrill Lynch South Africa (Pty) Limited                                        
  Nedbank Capital                                                                 
  Date: 12/05/2004 02:45:06 PM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
                                                                                  
  



 
 
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