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Wed 11 Nov 2020, 11:26 Credit rating - BOLDM
Credit rating - BOLDM

OLD MUTUAL LIFE ASSURANCE COMPANY (SOUTH AFRICA) LIMITED
Registration number 1999/004643/06
JSE alpha code: BOLDM
("OMLACSA” or the "Company")

CREDIT RATING

OMLACSA will be issuing unsecured deferrable subordinated notes (“notes”) on or about 12 November 2020. In this
regard, S&P Global Ratings has assigned its ‘zaA+’ South Africa national scale issue rate to the notes.

OMLACSA’s current South Africa long- and short-term national scale ratings are ‘zaAAA’ and ‘zaA-1+’ respectively.

For commentary on the credit rating please refer to the S&P Global Ratings's press release on their website: www
.standardandpoors.com.


11 November 2020
Debt Sponsor: Nedbank CIB, a division of Nedbank Limited

Date: 11-11-2020 11:26:00
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