Nedcor Limited - Grant and Acceptance of Share Options by Executive Director
NEDCOR LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1966/010630/06
JSE share code: NED
ISIN: ZAE000004875
(`Nedcor` or `the group`)
GRANT AND ACCEPTANCE OF SHARE OPTIONS BY EXECUTIVE DIRECTOR
The following information is disclosed in respect of the grant and acceptance of
Nedcor share options by Maduke Lot Ndlovu, who is an executive director of
Nedcor Limited and of its subsidiary Nedbank Limited, on 25 April 2005:
Number of options Issue price
Name awarded of options
ML Ndlovu 100 000 R73,00
Prior approval for acceptance of these options has been obtained.
These share options are subject to the group`s standard long-term incentive
scheme policy.
The total allocation of Nedcor share options to ML Ndlovu following this grant
and acceptance is 212 500.
Sandton
26 April 2005
Sponsors:
Merrill Lynch South Africa (Pty) Limited
Nedbank Capital
Date: 26/04/2005 05:13:55 PM
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