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OML - Old Mutual Plc - Notice of early redemption to the holders of the Old

Release Date: 12/12/2011 17:50
Code(s): OML
Wrap Text

OML - Old Mutual Plc - Notice of early redemption to the holders of the Old Mutual Plc OLD MUTUAL PLC ISIN CODE: GB0007389926 JSE SHARE CODE: OML NSX SHARE CODE: OLM ISSUER CODE: OLOML Ref 223/11 12 December 2011 NOTICE OF EARLY REDEMPTION TO THE HOLDERS OF THE OLD MUTUAL PLC EUR750,000,000 Fixed to Floating Rate Callable Option A Dated Tier 2 Notes due 2017 (the "Notes") ISIN: XS0282807428 Common Code: 028280742 NOTICE IS HEREBY GIVEN to the holders of the outstanding Notes of Old Mutual plc (the "Issuer") that, pursuant to the Final Terms of the Notes and Condition 7(d) (Redemption at the option of the Issuer (Issuer Call)), the Issuer hereby will redeem all outstanding Notes on 18 January 2012 (the "First Call Date") at their principal amount together with accrued and unpaid interest to (but excluding) the First Call Date. Notice of the proposed redemption has been given to the Financial Services Authority and no notice of objection has been given by the Financial Services Authority. Terms used in this Notice and not defined herein shall have the same meaning given to them in the Terms and Conditions of the Notes. Payment of the redemption monies will be made through Euroclear Bank SA/NV and Clearstream Banking, societe anonyme, in accordance with their standard procedures. For and on behalf of Old Mutual plc 12 December 2011 Enquiries External Communications / Investor Relations Patrick Bowes +44 (0)20 7002 7440 Media William Baldwin-Charles +44 (0)20 7002 7133 Notes to Editors Old Mutual Old Mutual plc is an international long-term savings, protection and investment Group. Originating in South Africa in 1845, the Group provides life assurance, asset management, banking and general insurance to more than 15 million customers in Europe, the Americas, Africa and Asia. Old Mutual plc is listed on the London Stock Exchange and the Johannesburg Stock Exchange, among others. In the year ended 31 December 2010, the Group reported adjusted operating profit before tax of GBP1.5 billion (on an IFRS basis) and had GBP309 billion of funds under management, from core operations. For further information on Old Mutual plc, please visit the corporate website at www.oldmutual.com Sponsor: Merrill Lynch SA (Pty) Limited Date: 12/12/2011 17:50:01 Supplied by www.sharenet.co.za 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.

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