Issue of share instalments Nedbank Limited SENS ANNOUNCEMENT ISSUE OF SHARE INSTALMENTS Issue Underlying Instrument Size Ratio Style VODACOM GROUP LIMITED 100000000 1:1 American Call SABMILLER PLC 100000000 1:1 American Call SAPPI LTD 100000000 1:1 American Call STANDARD BANK GROUP LTD 100000000 1:1 American Call SANLAM LTD 100000000 1:1 American Call SASOL LTD 100000000 1:1 American Call SATRIX40 100000000 1:1 American Call MONDI LTD 100000000 1:1 American Call MONDI PLC 100000000 1:1 American Call Underlying Maturity JSE Instrument Date Codes Strike Isin No VODACOM GROUP 16-Apr-15 VODNIF 6608 ZAE000190435 LIMITED SABMILLER PLC 16-Apr-15 SABNIK 26889 ZAE000190443 SAPPI LTD 16-Apr-15 SAPNIL 1690 ZAE000190450 STANDARD BANK 16-Apr-15 SBKNIO 6800 ZAE000190468 GROUP LTD SANLAM LTD 16-Apr-15 SLMNIK 2693 ZAE000190484 SASOL LTD 16-Apr-15 SOLNIK 28544 ZAE000190492 SATRIX40 16-Apr-15 STXNIK 2155 ZAE000190500 MONDI LTD 16-Apr-15 MNDNII 8553 ZAE000190518 MONDI PLC 16-Apr-15 MNPNII 8550 ZAE000190526 The Issuers Services Division of the JSE Limited (“JSE”) has approved the listing of the above-mentioned warrants and trading commenced on Wednesday, 16 April 2014. 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) 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: 16/04/2014 11:12:00 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.