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JSE
 NEDB                                                                            
Nedbank Limited - Notice Of Expiry Of Warrants                                  
NEDBANK LIMITED                                                                 
- NOTICE OF EXPIRY OF WARRANTS                                                  
Nedbank Limited hereby gives notice of the expiry of the following Warrants on  
the 02nd May 2006.                                                              
 Underlying  Issue Size    Strike      Ratio      Style      Exercise    JSE    
 Instrument                Price                               Date     Codes   
ALSI Jun06   100000000      17200   1587.3:1   European    2006/05/02 TOPNBT   
   ISIN:                                           Put                          
ZAE000077475                                                                    
For all settlement details please contact the issuer on 011 535-4030 or via e-  
mail nedbankequitymarkets@nedbank.co.za                                         
Copies of the warrant program and pricing supplement are available at the       
address stated below.                                                           
6th Floor Corporate Place                                                       
135 Rivonia Rd Sandown                                                          
2196                                                                            
Nedbank Ltd                                                                     
011 535 4030                                                                    
Sponsor                                                                         
Nedbank Corporate Finance Division                                              
(A division of Nedbank Limited)                                                 
Date: 05/05/2006 03:52:14 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                

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