Dealings in securities by director : sale of shares following vesting of restricted shares 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 DIRECTOR: SALE OF SHARES FOLLOWING VESTING OF RESTRICTED SHARES Further to the announcement released on SENS on 4 March 2013 advising of the vesting of restricted shares allocated to directors on 2 and 3 March 2010, in terms of paragraphs 3.63 - 3.66 of the Listings Requirements of the JSE Limited the following information is now disclosed in respect of the sale of shares by a director: Name: RK Morathi Capacity: Executive Director Date of transaction: 8 March 2013 Number of securities: 24 752 Price per share: R196,00 Total value: R4 851 392,00 Nature of transaction: Sale of shares subsequent to the vesting of restricted shares as announced on 4 March 2013 Nature of trade: Open market Extent of interest: Indirect beneficial The required prior written clearance for the above transaction has been obtained. Sandton 12 March 2013 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: 12/03/2013 11:15:00 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.