New Financial Instrument Listing - NGL04 - 19 March 2018 NEDBANK GROUP LIMITED Nedbank Limited Reg No 1966/010630/06 Incorporated in the Republic of South Africa JSE Code: NGL04 ISIN No: ZAG000150178 New Listing of Nedbank Limited Floating Rate Note Callable The JSE Limited has granted a listing to NEDBANK LIMITED on the Interest Rate Market with effect from 19 March 2018 under its Domestic Medium Term Note Programme. Authorised Programme size R 10,000,000,000.00 Total Notes Outstanding R 5,100,000,000.00 (excluding this issuance) INSTRUMENT TYPE: FLOATING RATE NOTE CALLABLE Bond Code NGL04 Nominal Issued R 2 0000,000,000.00 Issue Price 100% Coupon 10.175% (3 Month JIBAR as at 14 March 2018 of 7.125% plus 305 bps) Coupon Rate Indicator Floating Trade Type Price Final Maturity Date 20 March 2028 Books Close Date(s) 15 March, 15 June, 15 September, 15 December Interest Payment Date(s) 20 March, 20 June, 20 September, 20 December Last Day to Register By 17:00 on 14 March, 14 June, 14 September, 14 December Issue Date 19 March 2018 Date Convention Modified Following Interest Commencement Date 19 March 2018 First Interest Payment Date 20 June 2018 Optional Redemption Date 20 March 2023 ISIN No. ZAG000150178 Additional Information Subordinate, Unsecure- Second Tier Applicable Pricing Supplement https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/Bon dDocuments/NGL04%20Pricing%20Supplement%2020180319.pdf Securities Depository (“CSD”) and settlement will take place electronically in terms of JSE Rules. Date 16 March 2018 Debt Sponsor: Nedbank Corporate and Investment Banking Date: 19/03/2018 09:30:00 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.