Results of General Meeting 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’) RESULTS OF GENERAL MEETING Shareholders are advised that at the general meeting of Nedbank Group held today, all the ordinary and special resolutions were approved by shareholders present in person or represented by proxy as follows: 1. Ordinary resolution 1 regarding the election of Dr MA Matooane as an independent non-executive director of Nedbank Group with a 99,94% majority; 2. Ordinary resolution 2 regarding the election of Mr BA Dames as an independent non-executive director of Nedbank Group with a 99,94% majority; 3. Special resolution number 1 regarding the creation of 1 000 000 new cumulative redeemable non-participating preference shares in Nedbank Group, to be issued for general funding purposes, with a 98,55% majority; 4. Special resolution number 2 regarding amendments to the memorandum of incorporation of Nedbank Group, to give effect to the creation of the new preference shares, with a 98,56% majority; and 5. Special resolution number 3 regarding the specific repurchase of 14 715 049 Nedbank Group ordinary shares at a price of R229,65 per share with a 100% majority. Sandton 7 August 2014 Investment bank, corporate adviser and sponsor to Nedbank Group: Nedbank Capital Joint sponsor to Nedbank Group: Merrill Lynch South Africa (Pty) Limited Sponsor to Nedbank Group in Namibia: Old Mutual Investment Services (Namibia) (Pty) Limited Date: 07/08/2014 11:25:00 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.