Resignation of Independent Non-Executive Director 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 LIMITED (Incorporated in the Republic of South Africa) Registration number: 1951/000009/06 JSE share code: NBKP ISIN: ZAE000043667 (“Nedbank”) RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR Shareholders are advised that Thenjiwe Chikane has resigned as an independent non-executive director of Nedbank and Nedbank Group with effect from Tuesday, 13 August 2013. Nedbank Group Chairman, Dr Reuel Khoza, thanked Thenjiwe for her contribution to the group since her appointment in 2006, and in particular the role she played as Chairman of the Group Remuneration Committee and previously as Chairman of the Group Transformation, Social and Ethics Committee. Thenjiwe has resigned to pursue her own interests and the Nedbank Group wishes her well in her future endeavours. Sandton 14 August 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 Sponsors to Nedbank Limited: Investec Bank Limited Nedbank Capital Date: 14/08/2013 02:40:00 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.