Dealing in securities by 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”) DEALING IN SECURITIES BY EXECUTIVE DIRECTOR In terms of paragraphs 3.63 - 3.65 of the Listings Requirements of the JSE, the below information is disclosed in respect of the dealing in Nedbank Group shares by the Chief Executive. Further to the: - grant of 62 200 restricted shares on 6 March 2014, all of which are subject to performance conditions (refer SENS announcement dated 7 March 2014); - the vesting of 43 428 of the 46 714 restricted shares granted in 2011 (refer SENS announcement dated 12 March 2014); - the vesting of 14 817 shares in respect of the 2011 Matched Share Scheme on 1 April 2014 (refer SENS announcement dated 3 April 2014) the following dealing in shares was effected on 9 April 2014: Name: MWT Brown Designation: Chief Executive Date of transaction: 9 April 2014 Number of shares: 43 428 Price per share: R220.00 Total value: R9 554 160 Nature of trade: Sale of shares on the open market Extent of interest: Indirect beneficial The 14 817 shares issued on 1 April 2014 on the vesting of the 2011 Matched Share Scheme have been retained by Mr MWT Brown. Following these transactions, Mr MWT Brown has a beneficial direct interest in 55 049 Nedbank Group shares (December 2013: 55 049) and a beneficial indirect interest in 334 552 Nedbank Group shares (December 2013: 288 108). The required prior written clearance for dealing in these shares has been obtained. Sandton 10 April 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: 10/04/2014 04:14:00 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.