NEDBANK LIMITED - Full capital redemption - NED14

Full capital redemption - NED14

NEDBANK LIMITED
JSE Code: NED14
ISIN No: ZAG000111048

Full Capital Redemption

In accordance with the provisions of the terms and conditions of
Nedbank Limited (‘Nedbank’) Unsecured subordinated note – “NED
14” under sections D3 and D4(a)(‘Optional Redemption’) of the
Pricing Supplement dated 28 November 2013, investors are
herewith advised of the full capital redemption of NED14
effective 29 November 2018.

In accordance with the terms and conditions, the Registrar of
Banks has granted written approval of the Optional Redemption
of the NED14 Note at the option of Nedbank.

                Capital redemption             Amount
                amount                         outstanding
                                               after capital
                                               redemption
NED14           R1 200,000,000.00              R0.00


10 October 2018

Sponsor
Nedbank CIB

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