Dealings in securities by executive directors 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”) DEALINGS IN SECURITIES BY EXECUTIVE DIRECTORS In terms of paragraphs 3.63 - 3.65 of the Listings Requirements of the JSE, the following information is disclosed in respect of the dealings in shares by executive directors: Name: RK Morathi Designation: Chief Financial Officer Date of transaction: 12 March 2014 Number of shares: 11 651 Price per share: R205.00 Total value: R2 388 455 Nature of transaction: Sale of shares to fund tax payment as a result of the vesting of restricted shares Nature of trade: Open market Extent of interest: Indirect beneficial Name: GW Dempster Designation: Chief Operating Officer Date of transaction: 12 March 2014 Number of shares: 28 952 Price per share: R205.00 Total value: R5 935 160 Nature of transaction: Sale of shares Nature of trade: Open market Extent of interest: Indirect beneficial The required prior written clearance for dealing in these shares has been obtained. Sandton 14 March 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 Date: 14/03/2014 01:15:00 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.