New Financial Instrument Listing - NEDT1B NEDBANK LIMITED Nedbank Limited Reg No 1951/000009/06 Incorporated in the Republic of South Africa JSE Code: NEDT1B ISIN No: ZAG000140781 New Listing of Nedbank Limited Subordinated Unsecured Notes The JSE Limited has granted a listing to Nedbank Limited on the Interest Rate Market with effect from 25 November 2016 under its Domestic Medium Term Note Programme. Authorised Programme size R 75,000,000,000.00 Total Notes Outstanding R 45,522,000,000.00 INSTRUMENT TYPE: FLOATING RATE NOTE Bond Code NEDT1B Nominal Issued R500, 000,000.00 Issue Price 100% Coupon 13.608% (3 Month Jibar as at 25 November 2016 of 7.358% plus 625 bps) Coupon Rate Indicator Floating Trade Type Price Final Maturity Date Perpetual (expected maturity for system purposes 26 November 2099) Books Close Date(s) By 17:00 on 20 February, 20 May, 20 August, and 20 November Issue Date 25 November 2016 Date Convention Modified Following Interest Commencement Date 25 November 2016 First Interest Payment Date 26 February 2017 First Optional Redemption Date 26 November 2021 ISIN No. ZAG000140781 Additional Information Subordinated, Unsecured – Tier 1 Notes Applicable Pricing Supplement https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/BondDoc uments/NEDT1B%20Pricing%20Supplement_25112016.pdf The notes will be immobilised in the Central Securities Depository (“CSD”) and settlement will take place electronically in terms of JSE Rules. Date 25th November 2016 Debt Sponsor: Nedbank Corporate and Investment Banking Date: 25/11/2016 03:45:00 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.