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Thu 30 Mar 2006, 11:33 Nedbank Limited - Issue Of Share Instalments
JSE
 NEDB                                                                            
Nedbank Limited - Issue Of Share Instalments                                    
Nedbank Limited                                                                 
  -    ISSUE OF SHARE INSTALMENTS                                               
Underlying      ANGLO AMERICAN  ANGLO GOLD       BHP BILLITON    FIRST RAND     
Instrument                                                                      
Issue Size      100000000       100000000        100000000       100000000      
Completion      R 117.30        R 162.50         R 56.01         R 10.00        
Payment                                                                         
Ratio           1:1             1:1              1:1             1:1            
Style           American Call   American Call    American Call   American Call  
Maturity Date   30th March      30th March       30th March      30th March     
2007            2007             2007            2007           
JSE Codes       AGLNIC          ANGNIC           BILNIC          FSRNIC         
ISIN No         ZAE000078754    ZAE000078762     ZAE000078770    ZAE000078788   
Underlying      GOLDFIELDS      IMPLATS          INVESTEC PLC    MTN GROUP      
Instrument                                                                      
Issue Size      100000000       100000000        100000000       100000000      
Completion      R 64.50         R 582.87         R 159.03        R 30.65        
Payment                                                                         
Ratio           1:1             1:1              1:1             1:1            
Style           American Call   American Call    American Call   American Call  
Maturity Date   30th March      30th March       30th March      30th March     
                2007            2007             2007            2007           
JSE Codes       GFINIC          IMPNIC           INPNIC          MTNNIC         
ISIN No         ZAE000078796    ZAE000078804     ZAE000078812    ZAE000078820   
Underlying      RICHEMONT       SAB MILLER       SAPPI           SANLAM         
Instrument                                                                      
Issue Size      100000000       100000000        100000000       100000000      
Completion      R 15.13         R 61.38          R 47.10         R 8.31         
Payment                                                                         
Ratio           1:1             1:1              1:1             1:1            
Style           American Call   American Call    American Call   American Call  
Maturity Date   30th March      30th March       30th March      30th March     
                2007            2007             2007            2007           
JSE Codes       RCHNIC          SABNIC           SAPNIC          SLMNIC         
ISIN No         ZAE000078838    ZAE000078846     ZAE000078853    ZAE000078861   
Underlying      SASOL           SATRIX 40        STANDARD BANK   TELKOM GROUP   
Instrument                                                                      
Issue Size      100000000       100000000        100000000       100000000      
Completion      R 114.40        R 9.18           R 42.33         R 80.64        
Payment                                                                         
Ratio           1:1             1:1              1:1             1:1            
Style           American Call   American Call    American Call   American Call  
Maturity Date   30th March      30th March       30th March      30th March     
                2007            2007             2007            2007           
JSE Codes       SOLNIC          STXNIC           SBKNIC          TKGNIC         
ISIN No         ZAE000078879    ZAE000078887     ZAE000078895    ZAE000078903   
The Listings Division of JSE Limited has approved the listing of the            
abovementioned Share Instalments and trading will commence on 29th of March     
2005.                                                                           
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.                                                           
6th Floor Corporate Place                                                       
135 Rivonia Rd Sandown                                                          
2196                                                                            
For further information contact:                                                
Nedbank Ltd                                                                     
011 535 4030                                                                    
Sponsor                                                                         
Nedbank Corporate Finance Division                                              
(A division of Nedbank Limited)                                                 
Date: 30/03/2006 11:33:06 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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