| Wed 15 Dec 2010, 14:22 | | OML - Old Mutual PLC - Notice of early redemption to the holders of the Old |
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OML
OLOML
OML - Old Mutual PLC - Notice of early redemption to the holders of the Old
Mutual PLC
OLD MUTUAL PLC
ISIN CODE: GB0007389926
JSE SHARE CODE: OML
NSX SHARE CODE: OLM
ISSUER CODE: OLOML
NOTICE OF EARLY REDEMPTION to the holders of the OLD MUTUAL PLC
GBP300,000,000 Fixed to Floating Rate Callable Step-Up Option A Dated
Subordinated Notes due 2016 (the "Notes")
ISIN: XS0241547693
Common Code: 024154769
NOTICE IS HEREBY GIVEN to the holders of the outstanding Notes of Old Mutual
plc (the "Issuer") that, pursuant to the Final Terms of the Notes and
Condition 7(d) (Redemption at the option of the Issuer (Issuer Call)), the
Issuer hereby will redeem all outstanding Notes on 21 January 2011 (the "First
Call Date") at their principal amount together with accrued and unpaid
interest to (but excluding) the First Call Date.
Notice of the proposed redemption has been given to the Financial Services
Authority and no notice of objection has been given by the Financial Services
Authority.
Terms used in this Notice and not defined herein shall have the same meaning
given to them in the Terms and Conditions of the Notes.
Payment of the redemption monies will be made through Euroclear Bank SA/NV and
Clearstream Banking, societe anonyme, in accordance with their standard
procedures.
For and on behalf of
Old Mutual plc
15 December 2010
Enquiries
External Communications
Patrick Bowes UK +44 (0)20 7002 7440
Investor Relations
Deward Serfontein SA +27 (0)82 810 5672
Aleida White UK +44 (0)20 7002 7287
Media
William Baldwin-Charles UK +44 (0)20 7002 7133
Notes to Editors
Old Mutual
Old Mutual plc is an international long-term savings, protection and
investment Group. Originating in South Africa in 1845, the Group provides
life assurance, asset management, banking and general insurance in Europe, the
Americas, Africa and Asia. Old Mutual plc is listed on the London Stock
Exchange and the JSE, among others.
In the year ended 31 December 2009, the Group reported adjusted operating
profit before tax of GBP1.2 billion (on an IFRS basis) and had GBP285 billion
of funds under management at the year end. The Group has approximately 54,000
employees.
For further information on Old Mutual plc, please visit the corporate website
at www.oldmutual.com
Sponsor:
Merrill Lynch SA (Pty) Limited
Date: 15/12/2010 14:22:01 Produced by the JSE SENS Department.
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