NEDBANK GROUP LIMITED - Results of General Meeting

Results of General Meeting

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’)


RESULTS OF GENERAL MEETING


Shareholders are advised that at the general meeting of Nedbank Group held
today, all the ordinary and special resolutions were approved by shareholders
present in person or represented by proxy as follows:


   1. Ordinary resolution 1 regarding the election of Dr MA Matooane as an
      independent non-executive director of Nedbank Group with a 99,94%
      majority;
   2. Ordinary resolution 2 regarding the election of Mr BA Dames as an
      independent non-executive director of Nedbank Group with a 99,94%
      majority;
   3. Special resolution number 1 regarding the creation of 1 000 000 new
      cumulative redeemable non-participating preference shares in Nedbank
      Group, to be issued for general funding purposes, with a 98,55% majority;
   4. Special resolution number 2 regarding amendments to the memorandum
      of incorporation of Nedbank Group, to give effect to the creation of the
      new preference shares, with a 98,56% majority; and
   5. Special resolution number 3 regarding the specific repurchase of
      14 715 049 Nedbank Group ordinary shares at a price of R229,65 per
      share with a 100% majority.
Sandton
7 August 2014


Investment bank, corporate adviser and sponsor to Nedbank Group:
Nedbank Capital


Joint sponsor to Nedbank Group:
Merrill Lynch South Africa (Pty) Limited

Sponsor to Nedbank Group in Namibia:
Old Mutual Investment Services (Namibia) (Pty) Limited

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