Circular to Nedbank Group shareholders 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”) CIRCULAR TO NEDBANK GROUP SHAREHOLDERS Shareholders are advised that a circular, incorporating a notice of general meeting, has been posted today setting out details regarding: the re-approval of the existing Nedbank Group South African share schemes in terms of the Companies Act, No 71 of 2008; and the adoption of a new memorandum of incorporation (“MOI”) to replace the existing MOI of Nedbank Group. The general meeting of shareholders will be held in the Auditorium, Retail Place West, Nedbank Sandton, 135 Rivonia Road, Sandown, Sandton on Friday, 3 May 2013 at the later of 09:30 South African time or immediately following the conclusion of the Nedbank Group annual general meeting which will be held at 09:00 South African time. The record date to determine the holders of the Nedbank Group shares entitled to participate in and vote at the general meeting is Friday, 26 April 2013. Johannesburg 10 April 2013 Investment bank and sponsor Nedbank Capital Joint sponsor Merrill Lynch South Africa (Pty) Limited Sponsor in Namibia Old Mutual Investment Services (Namibia) (Proprietary) Limited Date: 10/04/2013 04:00:00 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.