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JSE   TKGNPABILNPA
 NEDB                                                                            
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 12 February 2007.                                                           
Underlying Instrument      BHP Billiton PLC           Telkom SA Ltd             
ISIN                       ZAE000052916               ZAE000052957              
Issue Size                 10000                      10000                     
Strike/Protected level     R 58.20                    R 72.15                   
Capped level               R 87.30                    R 108.23                  
Expiry Date                2007/02/12                 2007/02/12                
Code                       BILNPA                     TKGNPA                    
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                                                                            
For further information contact                                                 
Nedbank Ltd                                                                     
011 535 4030                                                                    
Sponsor                                                                         
Nedbank Capital                                                                 
(A division of Nedbank Limited)                                                 
Date: 21/02/2007 08:37:00 Produced by the JSE SENS Department.                  

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