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Mon 19 Mar 2007, 14:54 NED - Nedbank Group Limited - Dealing In Securitie
NED
 NED                                                                             
NED - Nedbank Group Limited - Dealing In Securities by a Director               
Nedbank Group Limited                                                           
(Incorporated in the Republic of South Africa)                                  
Registration number: 1966/010630/06                                             
JSE share code: NED                                                             
NSX share code: NBK                                                             
ISIN: ZAE000004875                                                              
("Nedbank Group")                                                               
DEALING IN SECURITIES BY A DIRECTOR                                             
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE       
Limited, the following information is disclosed in respect of the exercise of   
share options and the dealing in Nedbank Group ordinary shares by an executive  
director of Nedbank Group and Nedbank Limited:                                  
Name:                     TA Boardman                                           
Capacity:                 Chief Executive                                       
Date of transaction:      16 March 2007                                         
Strike price:             R60,00                                                
Number of securities:     26 292                                                
Total value:              R1 577 520,00                                         
Nature of transaction:    Exercise of share options                             
Extent of interest:       Direct beneficial                                     
Name:                     TA Boardman                                           
Capacity:                 Chief Executive                                       
Date of transaction:      16 March 2007                                         
Price per share:          R130,13                                               
Number of securities:     26 292                                                
Total value:              R3 421 377.96                                         
Nature of transaction:    Sale on the open market                               
Extent of interest:       Direct beneficial                                     
The required prior written clearance for the exercise of the options and the    
dealing in shares has been obtained.                                            
Sandton                                                                         
19 March 2007                                                                   
Sponsors                                                                        
Merrill Lynch South Africa (Pty) Limited                                        
Nedbank Capital                                                                 
Date: 19/03/2007 14:54:53 Produced by the JSE SENS Department.
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