SHAREHOLDERS' ANALYSIS

FOR THE YEAR ENDED 31 DECEMBER

Register date: 31 December 2010
Authorised share capital: 600 000 000 shares
Issued share capital: 514 891 827 shares
           
  Number of   Number of  
SHAREHOLDER SPREAD shareholdings % shares %
1 – 1 000 shares   14 798 81,08 3 194 118 0,62
1 001 – 10 000 shares   2 705 14,82 7 124 773 1,38
10 001 – 100 000 shares   560 3,06 18 574 609 3,61
100 001 – 1 000 000 shares   149 0,82 45 179 786 8,77
1 000 001 shares and over   40 0,22 440 818 541 85,62
Total   18 252 100,00 514 891 827 100,00
Distribution of shareholders          
Banks 164 0,90 57 931 046 11,25
Close corporations 108 0,59 227 560 0,04
Empowerment 35 0,19 41 526 148 8,07
Endowment funds 78 0,43 678 090 0,13
Individuals 15 007 82,22 8 539 969 1,66
Insurance companies 69 0,38 14 858 427 2,89
Investment companies 54 0,30 7 550 117 1,47
Medical aid schemes 22 0,12 214 442 0,04
Mutual funds 290 1,59 27 321 804 5,31
Nominees and trusts 1 784 9,77 2 939 461 0,56
Old Mutual Life Assurance Company (South Africa) Limited and associates 48 0,26 264 491 115 51,37
Other corporations 64 0,35 80 911 0,02
Private companies   219 1,20 985 555 0,19
Public companies   22 0,12 84 275 0,02
Retirement funds   277 1,52 62 414 284 12,11
Share trusts*   10 0,05 10 333 574 2,01
Treasury shares   1 0,01 14 715 049 2,86
Total   18 252 100,00 514 891 827 100,00
Public/Non-public shareholders        
Non-public shareholders 126 0,69 331 656 453 64,41
Directors and associates of the company** 12 0,07 1 308 221 0,25
Old Mutual Life Assurance Company (South Africa) Limited and associates 48 0,26 264 491 115 51,37
Treasury shares   1 0,01 14 715 049 2,86
Nedbank/Nedbank Group pension funds 5 0,03 114 760 0,02
Nedbank Group Limited and associates (share trusts)* 10 0,05 10 333 574 2,01
Nedbank Group Limited and associates (mutual funds) 17 0,09 587 744 0,11
Nedbank Group BEE*** Trusts – South Africa* 15 0,08 39 336 238 7,64
Nedbank Group BEE*** Trusts – Namibia   18 0,10 769 752 0,15
Public shareholders   18 126 99,31 183 235 374 35,59
Total   18 252 100,00 514 891 827 100,00
* Excludes shares held by directors in share trusts (executive directors only) and Eyethu schemes. See here.
**Includes shares held by directors in share trusts (executive directors only) and Eyethu schemes.
***Black economic empowerment.


  Number 2010 2009
MAJOR SHAREHOLDERS/MANAGERS of shares % holding % holding
Old Mutual Life Assurance Company (South Africa) Limited and associates 264 491 115 51,37 52,21
Nedbank Group treasury shares (SA) 66 327 716 12,88 12,63
Black economic empowerment trusts:      
   – Eyethu scheme – Nedbank South Africa 39 607 201 7,69 7,94
   – Omufima scheme – Nedbank Namibia 722 240 0,14 0,15
   Nedbank Group (2005) Share Option, Matched and Restricted
   Share Scheme		 11 003 534 2,14 1,53
   Nedbank Group Limited and associates (Capital Management) 14 715 049 2,86 2,95
   Nedbank Namibia 47 512 0,01 0,01
   NES Investments (Pty) Limited 232 180 0,05 0,05
Public Investment Corporation (SA) 33 212 027 6,45 6,00
Lazard Asset Management (US) 15 228 510 2,96 5,78
Coronation Fund Managers (SA) 14 129 073 2,74 2,81
Sanlam Investment Management (SA) 11 235 331 2,18 2,20
Stanlib Asset Management (SA) 8 865 398 1,72 0,66
BlackRock Inc (US and UK) 7 088 356 1,38 1,20
       
Beneficial shareholders holding 5% or more      
Old Mutual Life Assurance Company (South Africa) Limited and associates 264 491 115 51,37 52,21
Public Investment Corporation (SA) 39 286 687 7,63 7,42
       
Geographical distribution of shareholders      
Domestic 448 155 287 87,04 86,42
      South Africa 437 206 579 84,91 85,17
      Namibia 8 294 868 1,61 0,67
      Swaziland 154 470 0,03  
      Unclassified 2 499 370 0,49 0,58
Foreign 66 736 540 12,96 13,58
      United States of America 44 616 660 8,67 9,74
      United Kingdom and Ireland 7 705 099 1,50 1,10
      Europe 5 891 733 1,14 1,10
      Other countries 8 523 048 1,65 1,64
       
  514 891 827 100,00 100,00