Dealings in Securities by a Director 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”) DEALINGS IN SECURITIES BY A DIRECTOR In terms of paragraphs 3.63 - 3.65 of the Listings Requirements of the JSE, the following information is disclosed in respect of the dealings in shares by a director of Nedbank Group: Name: MP Moyo Designation: Non-executive director Date of transaction: 23 July 2018 Number of ordinary shares: 300 Price per ordinary share: R263.97 Total value: R79,190.60 Nature of trade: Open market Extent of interest: Direct beneficial Nature of transaction: Regular course rebalancing of an investment portfolio resulting in a disposal of ordinary shares in Nedbank Group. The investment was held within a managed fund held by South African Retirement Annuity Fund with full discretion given to the portfolio manager. The required prior written clearance for dealing in these ordinary shares was not obtained as Mr Moyo only became aware of the trade after it had been executed. Sandton 1 August 2018 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 Date: 01/08/2018 05:30:00 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.