Old Mutual completes sale of Finnish branch of Skandia OLD MUTUAL plc Issuer code: OLOML JSE Share code: OML NSX share code: OLM ISIN: GB0007389926 Ref 83/12 31 August 2012 Old Mutual completes sale of Finnish branch of Skandia Life Assurance Company Ltd Old Mutual plc announces today the completion of the sale of the Finnish branch of Skandia Life Assurance Company Ltd to OP-Pohjola osk. As at 30 June 2012, the Finnish branch had gross assets of €1.3 billion. Ends 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 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 Sponsor: Merrill Lynch South Africa Proprietary Limited Date: 31/08/2012 12:30:00 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.