Trading Statement Nedbank Group – Trading Statement 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 GROUP – TRADING STATEMENT The following statement is made with reference to paragraph 3.4 (b) of the JSE Listings Requirements: Following the release of Nedbank Group’s first quarter trading update on 5 May, the group continued to perform well in the second quarter and has made good progress in delivering on its key strategic focus areas. Accordingly, the board is satisfied that a reasonable degree of certainty exists that diluted headline earnings per share (“EPS”) and diluted basic EPS for the six months ended 30 June 2012 are expected to be between 21% and 26% higher than the 600 cents per share and 598 cents per share respectively reported for the comparative period to June 2011. The financial information on which this trading statement is based has not been reviewed or reported on by the group’s auditors. Nedbank Group’s results for the six months ended 30 June 2012 will be released on SENS on Wednesday, 1 August 2012. Sandton 26 July 2012 Sponsors to Nedbank Group in South Africa: Merrill Lynch South Africa (Pty) Limited Nedbank Capital a division of Nedbank Limited Sponsor to Nedbank Group in Namibia: Old Mutual Investment Services (Namibia) (Pty) Limited Date: 26/07/2012 02:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.