Old Mutual plc Sale of Skandia Germany & Skandia Austria Completed Old Mutual plc ISIN CODE: GB00B77J0862 JSE SHARE CODE: OML NSX SHARE CODE: OLM ISSURE CODE: OLOML Old Mutual plc Ref 216/14 1 October 2014 OLD MUTUAL PLC SALE OF SKANDIA GERMANY & SKANDIA AUSTRIA COMPLETED Old Mutual Plc today announces that the sale of Skandia Germany and Skandia Austria, part of Old Mutual Wealth, to Heidelberger Leben Group, owned by Cinven and Hannover Re, has now completed. The consideration for the transaction is €220 million in cash. The sale was announced on 27 March 2014 and is part of Old Mutual Wealth’s commitment to simplify its operations in Europe. Enquiries External communications Patrick Bowes UK +44 20 7002 7440 Investor relations Dominic Lagan UK +44 20 7002 7190 Media William Baldwin-Charles +44 20 7002 7133 +44 7834 524833 Notes to Editors Old Mutual provides investment, savings, insurance and banking services to more than 16 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 2013, the Group reported adjusted operating profit before tax of £1.6 billion (on an IFRS basis) and had £294 billion of funds under management from core operations. For further information on Old Mutual plc, please visit the corporate website at www.oldmutual.com Lead Sponsor: Merrill Lynch South Africa (Pty) Limited Joint Sponsor: Nedbank Limited Date: 01/10/2014 05:30:00 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.