NEDBANK LIMITED - Full Early Redemption - NED11

Full Early Redemption - NED11

NEDBANK LIMITED
JSE Code: NED 11
ISIN No: ZAG000044272

Full Capital Redemption

In accordance with the provisions of the terms and conditions
of Nedbank Limited (‘Nedbank’) Unsecured subordinated note –
“NED    11”    under   sections    C14,    C16,   F34     and    G38    (‘Optional
redemption’)      of   the   Pricing      Supplement    dated     12    September
2007,    investors     are   herewith      advised   of    the    Full    Capital
Redemption of NED 11 effective 17 September 2015.


In accordance with the Terms and Conditions, the Registrar
of     Banks   has     granted    written    approval       of    the     early
redemption of the NED 11 Note at the option of the Issuer.

                  Capital Redemption              Amount
                  Amount                          Outstanding
                                                  After    Capital
                                                  Redemption
NED11             R 1 000,000,000.00              R0.00




14 September 2015

Sponsor
Nedbank Capital

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