NED - Nedbank Group Limited - Dealings in Securities by Executive Directors

NED - Nedbank Group Limited - Dealings in Securities by Executive Directors     
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 EXECUTIVE DIRECTORS                                   
In terms of paragraphs 3.63 - 3.65 of the Listings Requirements of the JSE, the 
following information is disclosed in respect of the grant of Restricted Shares 
in an off-market transaction to the executive directors of Nedbank Group and    
Nedbank Limited on 7 and 8 March 2012 in terms of The Nedbank Group (2005) Share
Option, Matched Share and Restricted Share Scheme approved by shareholders on 4 
May 2005. These Restricted Shares are Nedbank group ordinary shares that are    
issued at no cost to eligible employees at the volume weighted average price    
(R161,88) for the three trading days ending 2 March 2012. These Restricted      
Shares are held on an indirect beneficial basis.                                
Name:                                   MWT Brown                               
Designation:                            Chief Executive Officer                 
Number of restricted shares granted:    32 431                                  
Price per restricted share:             R161.88                                 
Total value:                            R5 249 930.28                           
Date of grant:                          7 March 2012                            
Date of vesting:                        8 March 2015                            
Number of restricted shares granted:    32 431                                  
Price per restricted share:             R161.88                                 
Total value:                            R5 249 930.28                           
Date of grant:                          8 March 2012                            
Date of vesting:                        9 March 2015                            
Name:                                   GW Dempster                             
Designation:                            Executive Officer                       
Number of restricted shares granted:    27 798                                  
Price per restricted share:             R161.88                                 
Total value:                            R4 499 940.24                           
Date of grant:                          7 March 2012                            
Date of vesting:                        8 March 2015                            
Number of restricted shares granted:    27 798                                  
Price per restricted share:             R161.88                                 
Total value:                            R4 499 940.24                           
Date of grant:                          8 March 2012                            
Date of vesting:                        9 March 2015                            
Name:                                   RK Morathi                              
Designation:                            Executive Officer                       
Number of restricted shares granted:    13 899                                  
Price per restricted share:             R161.88                                 
Total value:                            R2 249 970.12                           
Date of grant:                          7 March 2012                            
Date of vesting:                        8 March 2015                            
Number of restricted shares granted:    13 899                                  
Price per restricted share:             R161.88                                 
Total value:                            R2 249 970.12                           
Date of grant:                          8 March 2012                            
Date of vesting:                        9 March 2015                            
The vesting of these shares on 8 and 9 March 2015 is subject to a mix of time-  
based and performance-based vesting criteria.                                   
The required prior written clearance for dealing in these securities has been   
obtained.                                                                       
Sandton                                                                         
8 March 2012                                                                    
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: 08/03/2012 16:18:01 Supplied by www.sharenet.co.za                     
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