NEDBANK LIMITED - New Financial Instrument Listing - NEDT1A

New Financial Instrument Listing - NEDT1A

NEDBANK LIMITED
Nedbank Limited Reg No 1951/000009/06
Incorporated in the Republic of South Africa


JSE Code: NEDT1A
ISIN No: ZAG000136680

New Listing of Nedbank Limited Subordinated Unsecured Notes

The JSE Limited has granted a listing to NEDBANK LIMITED on the
Interest Rate Market with effect from 26 February 2016 under its
Domestic Medium Term Note Programme.

Authorised Programme size     R 75,000,000,000.00
Total Notes Outstanding       R 45,522,000,000.00

INSTRUMENT TYPE:              FLOATING RATE NOTE

Bond Code                     NEDT1A
Nominal Issued                R1,500,000,000.00
Issue Price                   100%
Coupon                        14.300% (3 Month Jibar as at 17 May
                              2016 of 7.300% plus 700 bps)
Coupon Rate Indicator         Floating
Trade Type                    Price
Final Maturity Date           Perpetual (expected maturity for
                              system purposes 21 May 2099)
Books Close                   16 February, 16 May, 16 August, 16
                              November
Interest Payment Date(s)      21 February, 21 May, 21 August, 21
                              November
Last Day to Register          By 17:00 on 15 February, 15 May, 15
                              August, 15 November
Issue Date                    20 May 2016
Date Convention               Modified Following
Interest Commencement Date    20 May 2016
First Interest Payment Date   21 August 2016
First Optional Redemption     21 May 2021
Date
ISIN No.                      ZAG000136680
Additional Information        Subordinate Unsecured
Applicable Pricing Supplement
https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/Bon
dDocuments/NEDT1A%20Pricing%20Supplement%202052016.pdf


The notes will be immobilised in the Central Securities
Depository (“CSD”) and settlement will take place electronically
in terms of JSE Rules.

Date 19TH May 2016

Debt Sponsor: Nedbank Corporate and Investment Banking

Date: 20/05/2016 09:13:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.