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NED10 - Full Capital Redemption

Release Date: 13/07/2012 12:00
Code(s): NED10
Wrap Text

NEDBANK LIMITED 
JSE Code:	NED10
ISIN No:	ZAG000043191
Full Capital Redemption NED10 


In accordance with the provisions of the terms and conditions of Nedbank Limited (Nedbank) Unsecured subordinated note NED10 under sections 14, 16 and 34 (Optional redemption) of the Pricing Supplement dated 15 August 2007, investors are herewith advised of the Full Capital Redemption of (NED10) effective 15 August 2012.
In accordance with the Terms and Conditions, the Registrar of Banks has granted written approval of the redemption of the NED 10 Note at the option of the Issuer.
Capital Redemption Amount Amount Outstanding After Capital Redemption NED10 R 500,000,000.00 R0.00 13 July 2012 Sponsor Nedbank Capital
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