OLD MUTUAL LIMITED - Acquisition of Securities by the Public Investment Corporation

Acquisition of Securities by the Public Investment Corporation

Old Mutual Limited
Incorporated in the Republic of South Africa
Registration number: 2017/235138/06
ISIN: ZAE000255360
LEI: 213800MON84ZWWPQCN47
JSE Share Code: OMU
NSX Share Code: OMM
MSE Share Code: OMU
ZSE Share Code: OMU
("Old Mutual" or “the Company”)

Ref 02/20
10 February 2020

ACQUISITION OF SECURITIES BY THE PUBLIC INVESTMENT CORPORATION

In accordance with section 122(3)(b) of the Companies Act, 71 of 2008 (“the Act”)
and paragraph 3.83(b) of the JSE Limited Listings Requirements, shareholders are
advised    that   Old   Mutual   has   received   formal   notification   that   the   Public
Investment Corporation (“PIC”) have, in aggregate, acquired an interest in the
ordinary shares of the Company such that the total interest in the ordinary
shares of the Company held by the PIC now amounts to 17.438% of the total issued
ordinary shares of the Company.

As required in terms of section 122(3)(a) of the Act, Old Mutual has filed the
required notice with the Takeover Regulation Panel.


Sandton


Sponsors

Johannesburg Stock                 Merrill Lynch South Africa (Pty) Limited
Exchange

Namibia                            PSG Wealth Management (Namibia) (Proprietary)
                                   Limited

Zimbabwe                           Imara Capital Zimbabwe plc

Malawi                             Stockbrokers Malawi Limited


Enquiries


Investor Relations
Sizwe Ndlovu                       T: +27 (0)11 217 1163
Head of Investor Relations   E: tndlovu6@oldmutual.com


Communications
Tabby Tsengiwe               T: +27 (11) 217 1953
Head of Communications       M: +27 (0)60 547 4947
                             E: ttsengiwe@oldmutual.com



Notes to Editors


Old Mutual is a premium African financial services group that offers a broad
spectrum of financial solutions to retail and corporate customers across key
markets segments in 14 countries. Old Mutual's primary operations are in South
Africa and the rest of Africa, and it has a niche business in China. With over
174 years of heritage across sub-Saharan Africa, we are a crucial part of the
communities we serve and broader society on the continent.


For further information on Old Mutual, and its underlying businesses, please
visit the corporate website at www.oldmutual.com.

Date: 10-02-2020 11:30:00
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