NEDBANK LIMITED - ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE NEDBANKS WOOLWORTHS HOLDINGS LTD SHARE INSTALMENT

ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE NEDBANK’S WOOLWORTHS HOLDINGS LTD SHARE INSTALMENT

NEDBANK LIMITED

ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE NEDBANK’S
WOOLWORTHS HOLDINGS LTD SHARE INSTALMENT

Share Code: WHLNII
ISIN Code: ZAE000185559

WOOLWORTHS HOLDINGS LTD RIGHTS ISSUE

For each 100 Woolworths LTD shares held on record date 12 September 2014, shareholders
will receive 22 Woolworths LTD warrants (NPL)


Details Of The Event:

Last day to trade in order to be eligible for the corporate event is Friday, 5 September 2014.
The first dealing date in the new securities will be Monday, 8 September 2014.

The Issuer will amend the Share Instalment Terms and Conditions in the following way:

*   A cash payment will be made to WHLNII share instalment holders with regard to the
    corporate action.

*   Therefore a holder with 100 WHLNII will receive 22 WHL warrants (NPL) which will then
    be sold at the closing market price on Friday, 18 September 2014.


For more information contact Nedbank Equity Derivatives on (011) 535 4030.

135 Rivonia Road, Sandton

8 September 2014

Sponsor Nedbank Capital
Regards

Equity Capital Markets

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