NEDBANK GROUP LIMITED - Appointment of Independent Non-Executive Director

Appointment 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


APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR


The boards of directors of Nedbank Group and Nedbank Limited are pleased to
announce the appointment of Mr David Kwame Tandoh Adomakoh as an
independent non-executive director with immediate effect.

David is Chairman of Tiso Investment Holdings (Pty) Limited, a co-founder of
Tiso Group and served as its Group Managing Director. He also currently serves
as a non-executive director of Kagiso Tiso Holdings (Pty) Limited, and chairman
of its Investment Committee. His experience spans 25 years in executive
management and investment banking, and includes principal investing, corporate
and project finance advisory work, debt capital raising, and financial derivatives
in a number of countries predominantly in Africa and Europe, and his experience
will be of value in pursuing Nedbank’s strategic direction. He has also served on
the boards of a number of South African, Nigerian and Ghanaian companies.

He is a founder trustee of the Tiso Foundation, and a World Fellow of the Duke of
Edinburgh’s International Award.




Sandton
21 February 2014

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: 21/02/2014 01:00:00 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.