Old Mutual plc ("the Company") expects that 190,356,631 new Ordinary Shares
in the Company issued to St Paul Fire and Marine Insurance Company yesterday
on escrow closing of the acquisition of Fidelity and Guaranty Life Insurance
Company, will be admitted to listing on the UK Listing Authority's official
list and trading on the London Stock Exchange later today, Friday.
Applications were made on 26 June 2001 to the UK Listing Authority for the
listing, and to the London Stock Exchange for admission to trading, of these
shares.
As reported in the original announcement of the Fidelity and Guaranty Life
transaction, the shares issued as part of the purchase consideration are
subject to a one year "lock-up" agreement.
Applications are also being made for listing of these shares on the four
African stock exchanges where the Company's shares are listed and these are
expected to become effective shortly.
28 September 2001
ENQUIRIES:
Old Mutual plc, London Tel: + 44 20 7569 0100
James Poole, Director Investor Relations
College Hill, London Tel: + 44 20 7457 2020
Gareth David
College Hill, Johannesburg Tel: + 27 11 447 3030
Robyn Hunt
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