Nedbank Group – Trading Statement OLD MUTUAL PLC ISIN CODE: GB0007389926 JSE SHARE CODE: OML NSX SHARE CODE: OLM ISSUER CODE: OLOML Ref 74/12 26 July 2012 Nedbank Group – Trading Statement Nedbank Group Limited (“Nedbank Group”), the majority-owned South African banking subsidiary of Old Mutual plc, released a trading statement today, 26 July 2012. The following is the full text of Nedbank Group's announcement: “The following statement is made with reference to paragraph 3.4 (b) of the JSE Listings Requirements: Following the release of Nedbank Group’s first quarter trading update on 5 May, the group continued to perform well in the second quarter and has made good progress in delivering on its key strategic focus areas. Accordingly, the board is satisfied that a reasonable degree of certainty exists that diluted headline earnings per share (“EPS”) and diluted basic EPS for the six months ended 30 June 2012 are expected to be between 21% and 26% higher than the 600 cents per share and 598 cents per share respectively reported for the comparative period to June 2011. The financial information on which this trading statement is based has not been reviewed or reported on by the group’s auditors. Nedbank Group’s results for the six months ended 30 June 2012 will be released on SENS on Wednesday, 1 August 2012. Sandton 26 July 2012” Enquiries External communications Patrick Bowes UK +44 (0)20 7002 7440 Investor relations Kelly de Kock SA +27 (0)21 509 8709 Media William Baldwin-Charles +44 (0)20 7002 7133 +44 (0)7834 524 833 Sponsor: Merrill Lynch SA (Pty) Limited Notes to Editors Old Mutual Old Mutual 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 12 million customers in Africa, the Americas, Asia and Europe. Old Mutual has been listed on the London and Johannesburg Stock Exchanges, among others, since 1999. In the year ended 31 December 2011, the Group reported adjusted operating profit before tax of £1.5 billion (on an IFRS basis) and had £267 billion of funds under management from core operations. For further information on Old Mutual plc, please visit the corporate website at www.oldmutual.com Date: 26/07/2012 02:01:00 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.