Issue of share instalments Nedbank Limited SENS ANNOUNCEMENT ISSUE OF SHARE INSTALMENTS Issue Underlying Instrument Size Ratio Style ANGLO AMERICAN PLC 100000000 1:1 American Call ANGLOGOLD ASHANTI 100000000 1:1 American Call BILLITON PLC 100000000 1:1 American Call FIRSTRAND LTD 100000000 1:1 American Call GOLDFIELDS 100000000 1:1 American Call IMPALA PLATINUM 100000000 1:1 American Call INVESTEC PLC 100000000 1:1 American Call MTN GROUP LTD 100000000 1:1 American Call Maturi Underlying ty JSE Instrument Date Codes Strike Isin No 15- ANGLO AMERICAN PLC Apr-15 AGLNIJ 13428 ZAE000190336 15- ANGLOGOLD ASHANTI Apr-15 ANGNIK 9575 ZAE000190344 15- BILLITON PLC Apr-15 BILNIK 16949 ZAE000190351 15- FIRSTRAND LTD Apr-15 FSRNIK 1878 ZAE000190369 15- GOLDFIELDS Apr-15 GFINIK 2170 ZAE000190377 15- IMPALA PLATINUM Apr-15 IMPNIO 5917 ZAE000190385 15- INVESTEC PLC Apr-15 INPNIK 4311 ZAE000190393 15- MTN GROUP LTD Apr-15 MTNNIK 10963 ZAE000190401 The Issuers Services Division of the JSE Limited (“JSE”) has approved the listing of the above-mentioned warrants and trading commenced on Tuesday, 15 April 2014. All members of the JSE may participate in trading which will occur according to normal JSE Rules. Settlement will be effected electronically through STRATE. Copies of the warrant program and pricing supplement are available at the address stated below. No share instalment may be (1) subscribed for, or purchased by a Non-Resident or (2) sold to a Non-Resident (3) beneficially held or owned by a Non-Resident. If notwithstanding the foregoing, any Non-Resident acquires or beneficially holds or owns any share instalment, such Non-Resident will not be recognised by the issuer and such Non-Resident shall have no rights or entitlements of whatsoever nature under such share instalment. 6th Floor Corporate place 135 Rivonia Rd, Sandown 2196 For further information contact: Nedbank Ltd 011 535 4030 Sponsor Nedbank Corporate Finance Division (A division of Nedbank Limited) Nedbank Group limited Incorpprate in the Republic of South Africa Registration number Reg No 1951/000009/06 Date of incorporation: 2 January 1951 http://www.nedbank.co.za/website/content/equitycapitalmar ket/index.asp Date: 15/04/2014 11:21:00 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.