OLD MUTUAL LIFE ASSURANCE CO SA LTD - New Financial Instruments Listing - OML02; OML03

New Financial Instruments Listing - OML02; OML03

OLD MUTUAL LIFE ASSURANCE COMPANY (SOUTH AFRICA) LIMITED


Stock Code:   OML02
ISIN Code:    ZAG000121971

Stock Code:   OML03
ISIN Code:    ZAG000121989

New Financial Instruments Listing Announcement

The JSE Limited has granted a listing to OLD MUTUAL LIFE
ASSURANCE COMPANY (SOUTH AFRICA) LIMITED on the Interest Rate
Market with effect from 27 November 2014 under its Unsecured
Subordinated Callable Note Programme dated  04 September 2014.

INSTRUMENT TYPE:              FLOATING RATE NOTE CALLABLE

Authorised Programme Size     R 10,000,000,000.00
Total Notes Outstanding       R 3,000,000,000.00

Bond Code                     OML02
Nominal Issued                R 700,000,000.00
Issue Price                   100%
Coupon                        8.283% (3 Month JIBAR as at 24
                              November   2014   of   6.083%  plus
                              220bps)
Step-Up Basis                 3 Month JIBAR plus 330 bps
Coupon Indicator              Floating
Trade Type                    Price
Legal Final Maturity Date     27 November 2024
Call / Step-Up Date           27 November 2019
Books Close                   17 February, 17 May, 17 August, 17
                              November
Interest Payment Date(s)      27 February, 27 May, 27 August, 27
                              November
Last Day to Register          By 17:00 on 16 February, 16 May, 16
                              August, 16 November
Issue Date                    27 November 2014
Date Convention               Following
Interest Commencement Date    27 November 2014
First Interest Payment Date   27 February 2015
ISIN No.                      ZAG000121971
INSTRUMENT TYPE:                FIXED RATE NOTE CALLABLE

Bond Code                       OML03
Nominal Issued                  R 300,000,000.00
Issue Price                     100 %
Coupon                          9.255%
Coupon Indicator                Fixed
Trade Type                      Yield
Legal Final Maturity Date       27 November 2024
Call Date                       27 November 2019
Books Close                     17 May, 17 November
Interest Payment Date(s)        27 May, 27 November
Last Day to Register            By 17:00 on 16 May, 16 November
Issue Date                      27 November 2014
Date Convention                 Following
Interest Commencement Date      27 November 2014
First Interest Payment Date     27 May 2015
ISIN No.                        ZAG000121989
Additional Information          Unsecured    Subordinated   Callable
                                Note



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


Copies of the respective prospectuses are available for viewing
on www.oldmutual.com


Date 26 November 2014

Debt Sponsor: Nedbank Capital

Date: 26/11/2014 03:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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