Old Mutual Completes Quilter Cheviot Acquisition OLD MUTUAL PLC ISIN CODE: GB00B77J0862 JSE SHARE CODE: OML NSX SHARE CODE: OLM ISSUER CODE: OLOMOL Ref 107/15 25 February 2015 OLD MUTUAL COMPLETES QUILTER CHEVIOT ACQUISITION Old Mutual plc today announces it has completed the acquisition of the leading discretionary investment manager Quilter Cheviot. At 31 December 2014, Quilter Cheviot had £16.7 billion (2013: £15.2 billion) of funds under management. As part of the consideration for the acquisition, Old Mutual plc will issue an additional 19,325,430 restricted ordinary shares of 11 3/7p each to a trust established for the benefit of certain of the employee shareholders in Quilter Cheviot. Applications have been made for these additional shares to be admitted to listing and trading on the London Stock Exchange and applications will be made for them to be listed on the JSE Limited and on the other exchanges on which Old Mutual plc’s shares are listed. Julian Roberts, Group Chief Executive of Old Mutual plc, said: “The acquisition of Quilter Cheviot is the final substantive part in our strategy of building the UK’s leading retail investment business, and we are delighted that they are part of our Group. This acquisition will allow us to deliver a complete set of solutions which meet the wide-ranging needs of advisers and clients.” Enquiries External communications Patrick Bowes UK +44 20 7002 7440 Investor relations Dominic Lagan UK +44 20 7002 7190 Sizwe Ndlovu SA +27 11 217 1163 Media William Baldwin-Charles +44 20 7002 7133 +44 7834 524833 Sponsor: Merrill Lynch South Africa (Pty) Ltd Joint Sponsor: Nedbank Capital INVESTMENT | SAVINGS | INSURANCE | BANKING 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 INVESTMENT | SAVINGS |INSURANCE | BANKING Date: 25/02/2015 02:18:00 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.