NED - Nedbank Group - Dealings in Securities by Company Secretary9 Mar 2010
NED
NED                                                                             
NED - Nedbank Group - Dealings in Securities by Company Secretary               
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")                                                               
DEALINGS IN SECURITIES BY COMPANY SECRETARY                                     
In terms of paragraph 3.63 - 3.66 of the Listings Requirements of the JSE       
Limited, the following information is disclosed in respect of the exercise of   
share options in Nedbank Group ordinary shares by the company secretary of      
Nedbank Group and Nedbank Limited:                                              
Name:                     GS Nienaber                                           
Capacity:                 Company secretary                                     
Option exercise date:     8 March 2010                                          
Strike price:             R110,98                                               
Option issue date:        28 February 2006                                      
Option vesting date:      28 February 2009                                      
Number of securities:     10 000                                                
Total value:              R1 109 800,00                                         
Nature of transaction:    Exercise of share options                             
Nature of trade:          Off market                                            
Extent of interest:       Direct beneficial                                     
Name:                     GS Nienaber                                           
Capacity:                 Company secretary                                     
Date of the transaction:  8 March 2010                                          
Price per share:          R129,92                                               
Number of securities:     10 000                                                
Total value:              R1 299 225,00                                         
Nature of transaction:    Sale                                                  
Nature of trade:          On market                                             
Extent of interest:       Direct beneficial                                     
Taxable gain:             R189 425,00                                           
The required prior written clearance for the exercise of the options and the    
dealing in shares has been obtained.                                            
Sandton                                                                         
9 March 2010                                                                    
Sponsors to Nedbank Group in South Africa:                                      
Merrill Lynch South Africa (Pty) Limited                                        
Nedbank Capital                                                                 
Sponsor to Nedbank Group in Namibia:                                            
Old Mutual Investment Services (Namibia) (Pty) Ltd                              
Date: 09/03/2010 13:16:01 Produced by the JSE SENS Department.                  
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