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Tue 21 Nov 2006, 12:41 Nedbank Limited - Issue of Share Instalments
JSE
 NEDB                                                                            
Nedbank Limited - Issue of Share Instalments                                    
NEDBANK LIMITED                                                                 
ISSUE OF SHARE INSTALMENTS                                                      
Underlying Instrument    KUMBA IRON ORE                                       
  Issue Size               100000000                                            
  Completion Payment       4,234                                                
  Ratio                    1:1                                                  
Style                    American Call                                        
  Maturity Date            9-Oct-07                                             
  JSE Codes                KIONIA                                               
  ISIN NO                  ZAE000088092                                         
The Issuers Services Division of the JSE Limited ("JSE") has approved the       
listing of the above-mentioned Share Instalments and trading will commence on   
21 November 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: 21/11/2006 12:41:11 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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