Nedbank Investor Services embraces HiPortfolio/3

Johannesburg, 03 Nov 2008

Nedbank Investor Services (NIS), part of Nedbank Corporate, has today announced that it has gone live with the latest version of DST International's (DSTi's) global investment accounting solution, HiPortfolio/3. Nedbank Corporate, which is one of the three main business clusters within the Nedbank group, is a predominant player in the investor arena in South Africa and Namibia. NIS offers integrated clearing, settlement, securities lending, investment accounting and trustee services for its investors, asset owners and treasuries.

Louise Currie, General Manager of NIS, said: “Our staggered implementation from June 2008 was very successful as both parties worked closely together, with the key ingredient for the success being a participative relationship with the required expertise and available resources. Changing to HiPortfolio is expected to help NIS maintain its top rated status with its clients by creating operational efficiencies and an environment where client customisation is achieved.”

Louise Currie continued: “We believe that to provide superior service we needed to be affiliated with top class service providers such as DSTi. The choice of provider was relatively easy to make as DSTi has a substantial share of the South African market, standard solutions that cater for the necessary functionality, competitive pricing and a dedicated and knowledgeable support team in South Africa.”

NIS has grown from a R200 billion to a R1.7 trillion-strong business and bases its success on the strategic alignment of its business to manage each client's experience and to exceed expectations by creating value in targeted solutions for each individual client. Being top rated by the Global Custodian and Global Finance confirms NIS's strong attitude towards client service, relationship management, value and commitment.

Premie Naicker, DSTi Chief Executive Officer: Africa, said: “We are delighted to have NIS as our most recent client using the HiPortfolio/3 solution. DSTi has invested heavily in our solutions over the past several years and we are pleased that our solutions continue to assist our clients in achieving their business goals. NIS will look to DSTi's HiPortfolio/3 solution to help automate many of its manual procedures, assist in improving accuracy and provide a full transaction history.”

DSTi is a leader in business solutions for the investment management industry, with its HiPortfolio solution being installed in over 550 retail and institutional investment management sites worldwide.

Nedbank

Nedbank Group Limited is a bank holding company that operates as one of the four largest banking groups in South Africa through its principal banking subsidiaries, Nedbank Limited and Imperial Bank Limited, in which it has a 50.1% interest.

The principal services offered by the group comprise business, corporate and retail banking, property finance, investment banking, private banking, foreign exchange and securities trading. Nedbank Group also generates income from private equity, credit card issuing and processing services, custodial services, unit trust administration, asset management services and bank assurance.

Nedbank Group's headquarters are in Sandton, Johannesburg, with large operational centres in Durban and Cape Town, which are complemented by a regional network throughout South Africa and facilities in other southern African countries. These facilities are operated through Nedbank Group's 10 subsidiary and/or affiliated banks, as well as through branches and representative offices in certain key global financial centres that serve to meet the international banking requirements of the group's South African-based multinational clients.

DST International (DSTi)

With 21 offices and over 1 700 professionals to support its growing client base, DST International provides a unique and comprehensive range of investment management and business process management software solutions and related services to 700 clients in 55 countries. http://www.dstinternational.com

DST Systems, Inc

DST Systems, Inc provides sophisticated information processing and computer software products and services to support the mutual fund, investment management, insurance and healthcare industries. In addition to technology products and services, DST provides integrated print and electronic statement and billing output solutions through a wholly-owned subsidiary. DST's world-class data centres provide technology infrastructure support for mutual fund companies, healthcare providers, banks, mortgage bankers and insurance companies around the globe. DST is headquartered in Kansas City, Missouri, and is a publicly traded company on the New York Stock Exchange.

The information and comments above may include forward-looking statements respecting DST International Limited and its businesses. Such information and comments are based on DSTi's views as of today, and actual actions or results could differ. There could be a number of factors affecting future actions or results, including those set forth in DSTi's latest periodic financial report (Form 10-K or 10-Q) filed with the Securities and Exchange Commission. All such factors should be considered in evaluating any forward-looking comment. The company will not update any forward-looking statements in this press release to reflect future events.

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