Credit Event Notice - NCLN65, NCLN67 NEDBANK LIMITED Credit Event Notice (Incorporated in the Republic of South Africa) (Registration No. 1951/000009/06) JSE code: NCLN65 and NCLN67 ISIN number: ZAG000083585 ISIN number: ZAG000087099 Date: 12th August 2014 Nedbank Limited hereby gives notice in accordance with Condition 8.5.2 of The Nedbank Bank Limited ZAR15 000 000 000 Credit-Linked Note Programme; of the occurrence of a Credit Event on notes issued with the reference entity “African Bank Limited” as set out in paragraph D.1(a) 30 of related Applicable Pricing Supplement. The Credit event is Bankruptcy, specifically sub-paragraph (f) of the definitions (Bankruptcy in Condition 8.2.6) in the Note Programme and section 4.2 of the ISDA Credit Derivatives Definitions. This information has been published by the South African Reserve Bank and The Star and Business Day newspapers which fulfils the requirement of Publically Available Information under the conditions to settlement. Investors are advised that settlement of each note will take place in accordance with the relevant Applicable Pricing Supplement or as agreed between the Issuer and each Noteholder. The Event Determination Date is 11 August 2014. Date: 12th August 2014 Debt Sponsor Nedbank Capital, a division of Nedbank Limited Date: 12/08/2014 03:49:00 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.