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Thu 22 Sep 2005, 15:43 Nedbank Group - Dealings in Securities by Non-exec
Nedbank Group - Dealings in Securities by Non-executive Director                
NEDBANK GROUP LIMITED                                                           
(formerly Nedcor Limited)                                                       
(Incorporated in the Republic of South Africa)                                  
Registration number: 1966/010630/06                                             
JSE share code: NED                                                             
ISIN code: ZAE000004875                                                         
(`Nedbank Group`)                                                               
DEALINGS IN SECURITIES BY NON-EXECUTIVE DIRECTOR                                
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of JSE Limited,  
the following information is disclosed in respect of the acquisition of Nedbank 
Group Limited ordinary shares by a non-executive director of Nedbank Group and  
Nedbank Limited on 20 September 2005:                                           
              Number of                                                         
              shares       Price per    Total                                   
Name          acquired     share        value                                   
ML Ndlovu     890          R90,35       R80 411,50                              
These shares are held on an indirect beneficial basis.                          
In addition, the following information is disclosed in respect of the           
capitalisation award of ordinary Nedbank Group shares issued at R86,12 per share
to a non-executive director of Nedbank Group and Nedbank Limited who elected    
this option:                                                                    
             Number of    Value of                                              
Name of      shares       shares       Type of                                  
director     awarded      awarded      holding                                  
ML Ndlovu    186          R16 018,32   Indirect beneficial                      
Written approval has been obtained for these transactions.                      
Sandton                                                                         
22 September 2005                                                               
Sponsors:                                                                       
Merrill Lynch South Africa (Pty) Limited                                        
Nedbank Capital                                                                 
Date: 22/09/2005 02:53:03 PM
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