Old Mutual Plc - Sharesave scheme - Director`s share interests
Old Mutual Plc
ISIN CODE: GB0007389926
JSE SHARE CODE: OML
NSX SHARE CODE: OLM
ISSUER CODE: OLOML
Sharesave scheme - Director`s share interests
Following the annual invitation to eligible employees under the Savings-Related
Share Option Scheme (`Sharesave`) of Old Mutual plc (the `Company`), options
were granted on 27 May 2005 over a total of 673,196 shares in the Company to 139
employees at an exercise price of GBP1.03 per share. In accordance with the
Sharesave rules, this exercise price represented a 20% discount to the average
market price at which the Company`s shares traded on the London Stock Exchange
on the reference dates of 5, 6 and 9 May 2005.
As part of the grant, Mr J V F Roberts, Group Finance Director of the Company,
received an option over a total of 9,199 shares at the exercise price of GBP1.03
per share, exercisable between 1 July 2008 and 31 December 2008. Mr Roberts`
previous Sharesave option (granted on 5 April 2002 over 11,445 shares at GBP0.83
each) is exercisable from 1 June 2005 and he has given notice of his intention
to exercise it on that date.
31 May 2005
ENQUIRIES:
Old Mutual plc UK
Miranda Bellord +44 (0) 20 7002 7133
Old Mutual plc SA
Nad Pillay +27 (0) 21 504 8026
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