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Mon 9 Oct 2006, 13:45 Nedbank Limited - Issue of Share Instalments
JSE
 NEDB                                                                            
Nedbank Limited - Issue of Share Instalments                                    
Nedbank Limited                                                                 
ISSUE OF SHARE INSTALMENTS                                                      
Underlying Instrument   ANGLO PLATINUM     APEXHI PROPERTIES  ABSA GROUP        
Issue Size              100000000          100000000          100000000         
Completion Payment      R396.50            R6.70              R49.35            
Ratio                   1:1                1:1                1:1               
Style                   American Call      American Call      American Call     
Maturity Date           9-Oct-07           9-Oct-07           9-Oct-07          
JSE Codes               AMSNIC             APANIC             ASANIC            
ISIN No.                ZAE000085569       ZAE000085577       ZAE000085585      
Underlying Instrument   BARLOWORLD                            HARMONY G M CO    
                                           BIDVEST            LTD               
Issue Size              100000000          100000000          100000000         
Completion Payment      R69.00             R58.51             R54.10            
Ratio                   1:1                1:1                1:1               
Style                   American Call      American Call      American Call     
Maturity Date           9-Oct-07           9-Oct-07           9-Oct-07          
JSE Codes               BAWNIC             BVTNIC             HARNIC            
ISIN No.                ZAE000085593       ZAE000085601       ZAE000085619      
Underlying Instrument   IMPERIAL HOLDINGS  JD GROUP LTD       KUMBA RESOURCES   
                        LTD                                                     
Issue Size              100000000          100000000          100000000         
Completion Payment      R66.28             R33.35             R62.00            
Ratio                   1:1                1:1                1:1               
Style                   American Call      American Call      American Call     
Maturity Date           9-Oct-07           9-Oct-07           9-Oct-07          
JSE Codes               IPLNIC             JDGNIC             KMBNIC            
ISIN No.                ZAE000085627       ZAE000085635       ZAE000085643      
Underlying Instrument   LIBERTY            LIBERTY GROUP LTD  MITTAL STEEL SA   
                        INTERNATIONAL                                           
Issue Size              100000000          100000000          100000000         
Completion Payment      R92.33             R36.98             R40.00            
Ratio                   1:1                1:1                1:1               
Style                   American Call      American Call      American Call     
Maturity Date           9-Oct-07           9-Oct-07           9-Oct-07          
JSE Codes               LBTNIC             LGLNIC             MLANIC            
ISIN No.                ZAE000085650       ZAE000085668       ZAE000085676      
Underlying Instrument   NAMPAK GROUP       NASPERS LTD        OLD MUTUAL PLC    
Issue Size              100000000          100000000          100000000         
Completion Payment      R9.55              R59.75             R12.35            
Ratio                   1:1                1:1                1:1               
Style                   American Call      American Call      American Call     
Maturity Date           9-Oct-07           9-Oct-07           9-Oct-07          
JSE Codes               NPKNIC             NPNNIC             OMLNIC            
ISIN No.                ZAE000085783       ZAE000085692       ZAE000085700      
Underlying Instrument   PIK N PAY STORES   REMGRO LTD         RMB HOLDINGS      
Issue Size              100000000          100000000          100000000         
Completion Payment      R14.46             R78.50             R13.78            
Ratio                   1:1                1:1                1:1               
Style                   American Call      American Call      American Call     
Maturity Date           9-Oct-07           9-Oct-07           9-Oct-07          
JSE Codes               PIKNIC             REMNIC             RMHNIC            
ISIN No.                ZAE000085718       ZAE000085726       ZAE000085734      
Underlying Instrument   STEINHOFF          THE SPAR GROUP     TIGER BRANDS LTD  
INTERNATIONAL                                           
Issue Size              100000000          100000000          100000000         
Completion Payment      R12.63             R18.23             R69.75            
Ratio                   1:1                1:1                1:1               
Style                   American Call      American Call      American Call     
Maturity Date           9-Oct-07           9-Oct-07           9-Oct-07          
JSE Codes               SHFNIC             SPPNIC             TBSNIC            
ISIN No.                ZAE000085742       ZAE000085759       ZAE000085767      
Underlying Instrument   SHOPRITE HOLDINGS                                       
Issue Size              100000000                                               
Completion Payment      R12.62                                                  
Ratio                   1:1                                                     
Style                   American Call                                           
Maturity Date           9-Oct-07                                                
JSE Codes               SHPNIB                                                  
ISIN No.                ZAE000085775                                            
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 Capital                                                                 
(A division of Nedbank Limited)                                                 
Date: 09/10/2006 01:45:04 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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