NEDBANK LIMITED - Change to board of directors

Change to board of directors

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' or 'the group')

NEDBANK LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1951/000009/06
JSE share code: NBKP
ISIN: ZAE000043667
('Nedbank')

NEDBANK GROUP AND NEDBANK LIMITED – CHANGE TO BOARD OF DIRECTORS

Further to the previous announcement by Old Mutual plc regarding the stepping down of Mr
Paul Hanratty as Chief Operating Officer, the boards of Nedbank Group and Nedbank
Limited ('the companies') advise that Mr Paul Hanratty will end his term as a non-executive
director of the companies on 12 March 2016.

Nedbank Group and Nedbank Limited Chairman, Mr Vassi Naidoo, thanked Mr Hanratty for
his invaluable contribution to the companies during his period on the boards from 8 August
2014 to 12 March 2016.

Mr Naidoo stated that Mr Hanratty's unique understanding of both the group's business and
the industry would be missed and he wished him well in all of his future endeavours.

Sandton
26 February 2016

Sponsors to Nedbank Group in South Africa:
Merrill Lynch South Africa (Pty) Limited
Nedbank Corporate and Investment Banking

Sponsor to Nedbank Group in Namibia:
Old Mutual Investment Services (Namibia) (Pty) Ltd

Sponsors to Nedbank Limited:
Investec Bank Limited
Nedbank Corporate and Investment Banking

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