OLD MUTUAL PLC - Sale of Skandia Switzerland Completes

Sale of Skandia Switzerland Completes

       OLD MUTUAL PLC
       ISIN CODE: GB00B77J0862
       JSE SHARE CODE: OML
       NSX SHARE CODE: OLM
       ISSUER CODE: OLOMOL


       Ref 664/15
       30 September 2015


       OLD MUTUAL PLC SALE OF SKANDIA SWITZERLAND COMPLETES

       Old Mutual plc today announces that the sale of Skandia Leben AG in Switzerland, part of Old Mutual
       Wealth, to Life Invest Holding AG, a company owned by the Mutschler Group and Hannover Re, has
       now completed. The consideration for the transaction is not being disclosed.
       The sale was announced on 29 May 2015 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
       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


       Notes to Editors
       Old Mutual provides investment, savings, insurance and banking services to more than 17 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 2014, the Group reported adjusted operating profit before tax of £1.6 billion (on
       an IFRS basis) and had £319 billion of funds under management from core operations.
       For further information on Old Mutual plc, please visit the corporate website at www.oldmutual.com




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