NEDBANK LIMITED - IPB3 - Nedbank Limited Full Capital Redemption

IPB3 - Nedbank Limited – Full Capital Redemption

NEDBANK LIMITED
JSE Code: IPB3
ISIN No: ZAG000062605

In accordance with the provisions of the terms and conditions
of Nedbank Limited (‘Nedbank’) Unsecured subordinated note –
“IPB3” under sections 27, 28 and 29 (‘Optional redemption’) of
the Pricing Supplement dated 27 November 2008, investors are
herewith       advised   of   the    Full     Capital   Redemption   of   IPB3
effective 4 December 2013.


In accordance with the Terms and Conditions, the Registrar
of     Banks    has   granted       written    approval   of   the   early
redemption of the IPB3 Note at the option of the Issuer.

                  Capital Redemption              Amount
                  Amount                          Outstanding
                                                  After    Capital
                                                  Redemption
NED6              R 300,000,000.00                R0.00




19 November 2013

Sponsor
Nedbank Capital

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