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Mon 13 Nov 2006, 10:46 Nedbank Limited - Issue of Share Instalments
JSE
 NEDB                                                                            
Nedbank Limited - Issue of Share Instalments                                    
Nedbank Limited                                                                 
                           Issue of Share Instalments                           
Underlying     GROWTHPOINT  ALLAN GRAY     PRETORIA PORT  REDEFINE        
      Instrument                  PROPERTY       CEMENT         INCOME FUND     
      Issue Size      100000000     100000000      100000000     100000000      
      Completion          R 6.38       R 2.90         R 186.20       R 3.18     
Payment                                                                 
         Ratio           1:1           1:1            1:1           1:1         
         Style         American   American Call  American Call    American      
                         Call                                       Call        
Maturity Date    13-Nov-07     13-Nov-07      13-Nov-07     13-Nov-07      
       JSE Codes        GRTNIC        GRYNIC         PPCNIC        RDFNIC       
       ISIN No.      ZAE000087789 ZAE000087797   ZAE000087813   ZAE000087839    
     The Issuers Services Division of the JSE Limited ("JSE") has approved the  
listing of the above-mentioned Share Instalments and trading will commence 
     on 13/11/2006.                                                             
     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: 13/11/2006 10:46:14 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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