NEDBANK GROUP LIMITED - Appointment of Independent Non-Executive Director

Appointment of Independent Non-Executive 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” or “the group”)

NEDBANK LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1951/000009/06
JSE share code: NBKP
ISIN: ZAE000043667

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR


The boards of directors of Nedbank Group and Nedbank Limited are pleased to
announce the appointment of Mr Brian Anthony Dames as an independent non-
executive director with immediate effect.

Brian has served as the Chief Executive of Eskom, the largest power utility in
Africa and one of the largest utilities in the world, since July 2010 and has
extensive experience with global (and specifically with African and South African)
energy and resource issues. Brian has demonstrated leadership in successful
large-scale corporate turnaround management programmes, funding
programmes, infrastructure build and deployment programmes, as well as in
corporate governance and sustainability reporting.

Brian currently serves as a member of the Sustainable Energy For All Executive
Committee (UN and World Bank Initiative) and serves as a non-executive
director of the Industrial Development Corporation of South Africa Limited.

Sandton
30 June 2014

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

Sponsors to Nedbank Limited:
Investec Bank Limited
Nedbank Capital

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