NED - Nedbank Group Limited - Circular to shareholders

NED - Nedbank Group Limited - Circular to shareholders                          
Nedbank Group Limited                                                           
(Incorporated in the Republic of South Africa)                                  
(Registration number 1966/010630/06)                                            
Share code JSE: NED      NSX: NBK                                               
ISIN: ZAE000004875                                                              
("Nedbank Group" or the "Company")                                              
CIRCULAR TO SHAREHOLDERS                                                        
Shareholders are advised that a circular has been posted today setting out the  
relevant information relating to amendments to the Nedbank Group (2005) Share   
Option, Matched Share and Restricted Share Scheme ("2005 Share Incentive        
Scheme"), together with a notice of general meeting.                            
The general meeting of shareholders will be held on Friday, 6 May 2011,         
immediately after the AGM scheduled to begin at 9:00 South African time at the  
Company`s registered office at 135 Rivonia Road, Sandown, Sandton for the       
purpose of considering and, if deemed fit, passing the necessary resolutions for
the amendments to the 2005 Share Incentive Scheme.                              
Johannesburg                                                                    
11 April 2011                                                                   
Corporate advisor, investment bank and joint sponsor to Nedbank Group:          
Nedbank Capital                                                                 
Lead sponsor to Nedbank Group in South Africa:                                  
Merrill Lynch South Africa (Pty) Limited                                        
Sponsor to Nedbank Group in Namibia:                                            
Old Mutual Investment Services (Namibia) (Pty) Limited                          
Date: 11/04/2011 15:48:01 Supplied by www.sharenet.co.za                     
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