| Thu 30 Oct 2008, 13:00 | | OML - Old Mutual plc - Interim Dividend for the six months ended 30 June 2008 |
|
OML
OLOML
OML - Old Mutual plc - Interim Dividend for the six months ended 30 June 2008
(No. 18)/Currency Conversion for shares on the Zimbabwe branch register
Old Mutual plc
ISIN CODE: GB0007389926
JSE SHARE CODE: OML
NSX SHARE CODE: OLM
ISSUER CODE: OLOML
Interim Dividend for the six months ended 30 June 2008 (No. 18)
Currency Conversion for shares on the Zimbabwe branch register
In its interim results announcement of results for the six months ended 30
June 2008 published on 6 August 2008, Old Mutual plc (the "Company")
announced an interim dividend of 2.45p per share or its equivalent in other
currencies of payment to be paid on Friday, 28 November 2008.
The local currency equivalents of the dividend for South Africa, Malawi,
Namibia and Sweden were confirmed by the Company on 17 October 2008 (Release
reference 149/08) and the Company indicated in that announcement that it
planned to announce the Zimbabwe currency equivalent today.
The economic environment and prevailing hyperinflation in Zimbabwe continue
to pose problems for the Company to fix an appropriate conversion rate for
shareholders on the Zimbabwe branch register at this juncture. The Company
therefore believes that it is in the interests of shareholders on the
Zimbabwe register for the conversion rate to be determined closer to the due
date for payment of the dividend. With the agreement of the Zimbabwe Stock
Exchange, the rate will now be fixed on 13 November 2008 and announced to the
market on 14 November 2008.
The record date for this dividend payment in Zimbabwe remains the close of
business on Friday, 7 November 2008 and the last day to trade cum-dividend on
the Zimbabwe Stock Exchange Friday, 31 October 2008. The shares will trade ex-
dividend on the Zimbabwe Stock Exchange from the opening of business on
Monday, 3 November 2008.
Enquiries
Investor Relations
Aleida White UK +44 (0)20 7002 7287
Deward Serfontein SA +27 (0)82 810 5672
Media
Matthew Gregorowski UK / SA +44 (0)20 7002 7133
Brian Cattell UK +44 (0)20 7251 3801
(Finsbury)
Notes to Editors
Old Mutual
Old Mutual plc is an international savings and wealth management company
based in the UK. Originating in South Africa in 1845, the group has a
portfolio of businesses offering asset management, life assurance, banking
and general insurance services in over 40 countries in Europe, the Americas,
Africa and Asia-Pacific. Old Mutual plc is listed on the London Stock
Exchange and the JSE, among others.
In the year ended 31 December 2007, the group reported adjusted operating
profit of GBP1.62 billion (on an IFRS basis) and had GBP279 billion of funds
under management at the year end. The Company has approximately 53,000
employees.
Ref: 151/08
30 October 2008
Sponsor
Merrill Lynch
Date: 30/10/2008 13:00:01 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.
