Old Mutual Plc - Offer For Skandia
OLD MUTUAL PLC
ISIN CODE: GB0007389926
JSE SHARE CODE: OML
NSX SHARE CODE: OLM
ISSUER CODE: OLOML
Old Mutual plc
This announcement and the information contained herein are restricted and are
not for release, publication or distribution, in whole or in part, in or into
the United States, Canada, Australia or Japan
Offer for Skandia
Old Mutual remains convinced that the benefits and industrial logic of the Offer
are compelling and continues to seek a favourable recommendation from the Board
of Skandia. In accordance with what has already been stated by the Swedish
Takeover Panel, (the Securities Council), Old Mutual would not seek to withdraw
the Offer on the basis of the Board of Skandia failing to make such a
recommendation.
Old Mutual welcomes confirmation from the Board of Skandia today that it intends
to respond to the Offer on 23rd September 2005.
15 September 2005
Sponsor in South Africa
Merrill Lynch South Africa (Pty) Limited
Date: 15/09/2005 04:08:55 PM
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