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Tue 24 Oct 2006, 11:28 Nedbank Limited - Issue of share instalments
JSE
 NEDB                                                                            
Nedbank Limited - Issue of share instalments                                    
NEDBANK LIMITED                                                                 
SENS ANNOUNCEMENT ISSUE OF SHARE INSTALMENTS                                    
Underlying          MASSMART         MURRAY & ROBERTS  REUNERT                  
Instrument                                                                      
Issue Size          100000000        100000000         100000000                
Completion          2,908            1,663             3,700                    
Payment                                                                         
Ratio               1:1              1:1               1:1                      
Style               American Call    American Call     American Call            
Maturity Date       24-Oct-07        24-Oct-07         24-Oct-07                
JSE Codes           MSMNIA           MURNIA            RLONIA                   
ISIN No             ZAE000086559     ZAE000086567      ZAE000086575             
Underlying          TONGAAT-HULETT   TRUWORTHS         WOOLWORTHS               
Instrument                                                                      
Issue Size          100000000        100000000         100000000                
Completion          4,735            1,355             751                      
Payment                                                                         
Ratio               1:1              1:1               1:1                      
Style               American Call    American Call     American Call            
Maturity Date       24-Oct-07        24-Oct-07         24-Oct-07                
JSE Codes           TNTNIA           TRUNIA            WHLNIA                   
ISIN No             ZAE000086583     ZAE000086591      ZAE000086609             
The Issuers Services Division of The JSE Limited  ("JSE") has approved the      
listing of the above-mentioned Share Instalments and trading will commence on   
24/10/2006.                                                                     
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.                                                           
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: 24/10/2006 11:28:57 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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