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Fri 3 Feb 2006, 8:36 Nedbank Limited - Issue Of Warrants
NED
 NED                                                                             
Nedbank Limited - Issue Of Warrants                                             
Nedbank Limited                                                                 
ISSUE OF WARRANTS                                                               
Underlying                                                                      
Instrument        Issue Size  Strike Price  Ratio  Style  Exercise Date  JSE    
                                                                        Codes   
FTSE JSE                                                                        
AFRICA TOP40                                                                    
TRADEABLE INDEX  100000000    17200         1600:1 EP     2006/05/04   TOPNBT   
The Listings Division of JSE Limited has approved the listing of the above      
mentioned Warrants and trading will commence on 03rd of Febuary, 2006.          
All members of the JSE may participate in trading which will occur according to 
normal JSE Rules. Settlement will be effected electronically through STRATE.    
Copies of the warrant program and pricing supplement are available at the       
address stated below.                                                           
For further information contact :                                               
Nedbank Ltd                                                                     
011 535 4030                                                                    
Sponsor                                                                         
Nedbank Corporate Finance Division (Nedbank Capital)                            
Date: 03/02/2006 08:36:05 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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