OLD MUTUAL LIFE ASSURANCE CO SA LIMITED - Interest payment and capital redemption notifications

Interest payment and capital redemption notifications

OLD MUTUAL LIFE ASSURANCE COMPANY (SOUTH AFRICA) LIMITED
Registration number 1999/004643/06
JSE alpha code: OLDM
(“OMLACSA”)

INTEREST PAYMENT AND CAPITAL REDEMPTION NOTIFICATIONS

1. Interest payments

    Noteholders are advised of the following interest payments:

    Bond code:                OML04
    ISIN:                     ZAG000124546
    Coupon:                   9.100%
    Interest period:          19 December 2019 to 18 March 2020
    Interest amount due:      R12 183 279.45
    Payment date:             19 March 2020
    Date convention:          Following business day

    Bond code:                OML05
    ISIN:                     ZAG000124553
    Coupon:                   9.760%
    Interest period:          19 September 2019 to 18 March 2020
    Interest amount due:      R20 740 000.00
    Payment date:             19 March 2020
    Date convention:          Following business day

    Bond code:                OML06
    ISIN:                     ZAG000124561
    Coupon:                   10.320%
    Interest period:          19 September 2019 to 18 March 2020
    Interest amount due:      R21 104 400.00
    Payment date:             19 March 2020
    Date convention:          Following business day

    Bond code:                OML07
    ISIN:                     ZAG000124579
    Coupon:                   10.955%
    Interest period:          19 September 2019 to 18 March 2020
    Interest amount due:      R62 991 250.00
    Payment date:             19 March 2020
    Date convention:          Following business day

    Bond code:                OML08
    ISIN:                     ZAG000129628
    Coupon:                   9.050%
    Interest period:          14 December 2019 to 13 March 2020
    Interest amount due:      R29 061 161.64
    Payment date:             16 March 2020
    Date convention:          Following business day

    Bond code:                OML09
    ISIN:                     ZAG000129636
    Coupon:                   10.900%
    Interest period:          14 September2019 to 13 March 2020
    Interest amount due:      R30 956 000.00
    Payment date:             16 March 2020
    Date convention:          Following business day

    Bond code:                OML10
    ISIN:                     ZAG000129644
    Coupon:                   11.350%
    Interest period:          14 September2019 to 13 March 2020
    Interest amount due:      R35 355 250.00
    Payment date:             16 March 2020
    Date convention:          Following business day

    Bond code:                OML11
    ISIN:                     ZAG000160094
    Coupon:                   8.350%
    Interest period:          11 December 2019 to 10 March 2020
    Interest amount due:      R41 635 616.44
    Payment date:             11 March 2020
    Date convention:          Following business day

2. Full capital redemptions

   In accordance with the provisions of the terms and conditions of OMLACSA’s Unsecured
   subordinated notes – “OML04” and “OML05”, under the ‘Optional Redemption’ section of the
   Pricing Supplements dated 4 September 2014, noteholders are herewith advised of the full capital
   redemptions of OML04 and OML05 effective 19 March 2020.

     Instrument   Capital redemption       Amount outstanding         Record Date
                  amount                   after capital redemption
                                           
     OML04        R537 000 000.00          R0.00                      Wednesday, 18 March 2020
     OML05        R425 000 000.00          R0.00                      Wednesday, 18 March 2020


6 March 2020
Debt Sponsor: Nedbank CIB, a division of Nedbank Limited

Date: 06-03-2020 05:15:00
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.