OLD MUTUAL INSURE LIMITED - New Financial Instrument Listing: OMI01

New Financial Instrument Listing: OMI01

OLD MUTUAL INSURE LIMITED
(Incorporated in the Republic of South Africa)
Registration Number: 1970/006619/06
JSE Bond Code: OMI01
ISIN No: ZAG000148313
(“Old Mutual Insure”)


Listing of New Financial Instrument

The JSE Limited has granted Old Mutual Insure the listing of its
Unsecured Subordinated Callable Floating Rate Notes effective 20
November 2017, in terms of its Unsecured Subordinated Callable
Note Programme dated 13 November 2017.

Authorised Programme size     R 1,000,000,000.00
Total Notes Outstanding       R 0.00 excluding this issuance of
                              notes

INSTRUMENT TYPE:              FLOATING RATE NOTE

Bond Code                     OMI01
Nominal Issued                R 500,000,000.00
Issue Price                   100%
Coupon Rate                   9.1570% (3 Month JIBAR as at 15
                              November 2017 of 7.0670% plus 209
                              bps), applies to the period 20
                              November 2017 to 21 November 2022
Step Up Rate                  3 Month JIBAR plus 313.5 bps
                              applies to the period 22 November
                              2022 to 22 November 2027
Coupon Rate Indicator         Floating
Trade Type                    Price
Issue Date                    20 November 2017
Interest Commencement Date    20 November 2017
First Interest Payment Date   22 February 2018
Final Maturity Date           22 November 2027
Callable Date                 22 November 2022
Last Day to Register          By 17:00 on 11 February, 11 May, 11
                              August, 09 November
Books Close                   12 February, 12 May, 12 August, 12
                              November
Interest Payment Date(s)      22 February, 22 May, 22 August, 22
                              November
Date Convention               Following
ISIN No.                      ZAG000148313

Applicable Pricing Supplement
https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/BondDoc
uments/OMI01%20Pricing%20Supplement%2020171120.pdf

The notes will be immobilised in the Central Securities
Depository (“CSD”) and settlement will take place electronically
in terms of JSE Rules.


Date: 20 November 2017

Debt Sponsor: Nedbank CIB, a division of Nedbank Limited

Date: 20/11/2017 10:05:00 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.