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Nedcor Limited - Withdrawal Of Cautionary Announcement                          
Nedcor Limited                                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1966/010630/06)                                           
JSE Share Code: NED                                                             
ISIN: ZAE000004875                                                              
(`Nedcor` or `the company`)                                                     
WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT                                           
Nedcor shareholders are referred to the Old Mutual Group`s black economic       
empowerment transactions` announcement released earlier today. As the terms of  
the Nedcor Transaction have been announced, Nedcor shareholders are no longer   
required to exercise caution when dealing in the company`s securities.          
Johannesburg                                                                    
19 April 2005                                                                   
Sponsor                                                                         
Nedbank Capital

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