OLD MUTUAL PLC - Old Mutual Plc agrees the sale of Skandia Poland

Old Mutual Plc agrees the sale of Skandia Poland

       OLD MUTUAL PLC
       ISIN CODE: GB0007389926
       ISSUER CODE: OLOML
       JSE SHARE CODE: OML
       NSX SHARE CODE: OLM
       Old Mutual plc

       Ref 91/13
       12 November 2013

       OLD MUTUAL PLC AGREES THE SALE OF SKANDI POLAND
       Old Mutual plc (Old Mutual) announces today that terms have been agreed to sell Skandia Poland,
       part of Old Mutual Wealth, to Vienna Insurance Group AG Wiener Versicherung Gruppe (VIG). As at
       30 September 2013, Skandia Poland had funds under management of €414m. The consideration for
       the transaction is not being disclosed.

       The transaction is part of Old Mutual Wealth’s commitment to simplify its operations in Europe and
       focus on a select number of core growth markets. The transaction is subject to regulatory approvals
       and other customary conditions and is expected to take approximately six months to complete.

       Enquiries
       External communications
       Patrick Bowes                    UK    +44 20 7002 7440
       Investor relations
       Dominic Lagan                    UK    +44 20 7002 7190
       Kelly de Kock                    SA    +27 21 509 8709

       Media
       William Baldwin-Charles                +44 20 7002 7133
                                              +44 7834 524833

       Old Mutual plc was advised by Goldman Sachs International.

       Lead sponsor:
       Merrill Lynch South Africa (Pty) Ltd

       Joint Sponsor:
       Nedbank Capital

       Notes to Editors
       Old Mutual provides life assurance, asset management, banking and general insurance to more than
       14 million customers in Africa, the Americas, Asia and Europe. Originating in South Africa in 1845,
       Old Mutual has been listed on the London and Johannesburg Stock Exchanges, among others, since
       1999.

       In the year ended 31 December 2012, the Group reported adjusted operating profit before tax of £1.6
       billion (on an IFRS basis) and had £262 billion of funds under management from core operations.
       For further information on Old Mutual plc, please visit the corporate website at www.oldmutual.com


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