Issue of share instalments Nedbank Limited SENS ANNOUNCEMENT ISSUE OF SHARE INSTALMENTS Issue Underlying Instrument Size Ratio Style ARCELORMITTAL SA LTD 100000000 1:1 American Call NASPERS LTD 100000000 1:1 American Call OLD MUTUAL PLC 100000000 1:1 American Call PIK N PAY STORES 100000000 1:1 American Call RMB HOLDINGS 100000000 1:1 American Call STEINHOFF INTERNATIONAL 100000000 1:1 American Call THE SPAR GROUP 100000000 1:1 American Call SHOPRITE HOLDINGS 100000000 1:1 American Call TIGER BRANDS LTD 100000000 1:1 American Call INVESTEC LTD 100000000 1:1 American Call Maturity JSE Underlying Instrument Date Codes Strike Isin No ARCELORMITTAL SA LTD 17-Oct-14 ACLNIJ ZAE000184834 1746 NASPERS LTD 17-Oct-14 NPNNIJ 47425 ZAE000184842 OLD MUTUAL PLC 17-Oct-14 OMLNIK 1560 ZAE000184859 PIK N PAY STORES 17-Oct-14 PIKNIJ 2065 ZAE000184867 RMB HOLDINGS 17-Oct-14 RMHNIJ 2442 ZAE000184875 STEINHOFF INTERNATIONAL 17-Oct-14 SHFNIJ ZAE000184883 1910 THE SPAR GROUP 17-Oct-14 SPPNIJ 6225 ZAE000184891 SHOPRITE HOLDINGS 17-Oct-14 SHPNII 8705 ZAE000184909 TIGER BRANDS LTD 17-Oct-14 TBSNIJ 14855 ZAE000184917 INVESTEC LTD 17-Oct-14 INLNIG 3370 ZAE000184925 The Issuers Services Division of the JSE Limited (“JSE”) has approved the listing of the above-mentioned Share Instalments and trading commenced on Monday, 21 October 2013. All members of the JSE may participate in trading which will occur according to normal JSE Rules. Settlement will be effected electronically through STRATE. Copies of the warrant program and pricing supplement are available at the address stated below. No share instalment may be (1) subscribed for, or purchased by a Non-Resident or (2) sold to a Non-Resident (3) beneficially held or owned by a Non-Resident. If notwithstanding the foregoing, any Non-Resident acquires or beneficially holds or owns any share instalment, such Non-Resident will not be recognised by the issuer and such Non-Resident shall have no rights or entitlements of whatsoever nature under such share instalment. 6th Floor Corporate place 135 Rivonia Rd, Sandown 2196 For further information contact: Nedbank Ltd 011 535 4030 Sponsor Nedbank Corporate Finance Division (A division of Nedbank Limited) 21 October 2013 Nedbank Group limited Incorpprate in the Republic of South Africa Registration number Reg No 1951/000009/06 Date of incorporation: 2 January 1951 http://www.nedbank.co.za/website/content/equitycapitalmar ket/index.asp Date: 21/10/2013 10:00:00 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.