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OLD MUTUAL PLC - Nedbank Group ? Trading Statement

Release Date: 26/07/2012 14:01
Code(s): OML
Wrap Text
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'). 
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