New Financial Instruments Listing - OML02; OML03 OLD MUTUAL LIFE ASSURANCE COMPANY (SOUTH AFRICA) LIMITED Stock Code: OML02 ISIN Code: ZAG000121971 Stock Code: OML03 ISIN Code: ZAG000121989 New Financial Instruments Listing Announcement The JSE Limited has granted a listing to OLD MUTUAL LIFE ASSURANCE COMPANY (SOUTH AFRICA) LIMITED on the Interest Rate Market with effect from 27 November 2014 under its Unsecured Subordinated Callable Note Programme dated 04 September 2014. INSTRUMENT TYPE: FLOATING RATE NOTE CALLABLE Authorised Programme Size R 10,000,000,000.00 Total Notes Outstanding R 3,000,000,000.00 Bond Code OML02 Nominal Issued R 700,000,000.00 Issue Price 100% Coupon 8.283% (3 Month JIBAR as at 24 November 2014 of 6.083% plus 220bps) Step-Up Basis 3 Month JIBAR plus 330 bps Coupon Indicator Floating Trade Type Price Legal Final Maturity Date 27 November 2024 Call / Step-Up Date 27 November 2019 Books Close 17 February, 17 May, 17 August, 17 November Interest Payment Date(s) 27 February, 27 May, 27 August, 27 November Last Day to Register By 17:00 on 16 February, 16 May, 16 August, 16 November Issue Date 27 November 2014 Date Convention Following Interest Commencement Date 27 November 2014 First Interest Payment Date 27 February 2015 ISIN No. ZAG000121971 INSTRUMENT TYPE: FIXED RATE NOTE CALLABLE Bond Code OML03 Nominal Issued R 300,000,000.00 Issue Price 100 % Coupon 9.255% Coupon Indicator Fixed Trade Type Yield Legal Final Maturity Date 27 November 2024 Call Date 27 November 2019 Books Close 17 May, 17 November Interest Payment Date(s) 27 May, 27 November Last Day to Register By 17:00 on 16 May, 16 November Issue Date 27 November 2014 Date Convention Following Interest Commencement Date 27 November 2014 First Interest Payment Date 27 May 2015 ISIN No. ZAG000121989 Additional Information Unsecured Subordinated Callable Note The notes will be immobilised in the Central Securities Depository (“CSD”) and settlement will take place electronically in terms of JSE Rules. Copies of the respective prospectuses are available for viewing on www.oldmutual.com Date 26 November 2014 Debt Sponsor: Nedbank Capital Date: 26/11/2014 03:45:00 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.