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Thu 4 May 2006, 11:07 Nedbank Limited - Capital reduction distribution:
JSE   LGLNIB
 NEDB                                                                            
Nedbank Limited - Capital reduction distribution: LGL Share Instalment          
Nedbank Limited                                                                 
Share Code: LGLNIB & ISIN Code: ZAE000072229                                    
CAPITAL REDUCTION DISTRIBUTION ANNOUNCEMENT IN RELATION TO THE LGL SHARE        
INSTALMENT                                                                      
Notice is hereby given of the capital reduction distribution amount payable for 
LIBERTY GROUP LIMITED and that as a result of the capital reduction distribution
declaration relating to LIBERTY GROUP LIMITED (LGL) the Trustees of the LGL     
Share Instalment have declared a capital reduction distribution amount of 360.00
cents per share instalment that is payable on Monday 12 June 2006.              
The last day to trade cum capital reduction is Friday, 2 June 2006. The share   
instalment will commence trading ex capital reduction from Monday, 5 June 2006  
and the record date will be Friday, 9 June 2006.                                
For more information contact Nedbank Equity Derivatives on (011) 535 4030       
135 Rivonia Road, Sandton                                                       
4 May 2006                                                                      
Sponsor Nedbank Corporate                                                       
Date: 04/05/2006 11:07:03 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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