Completion of acquisition of further stake in UAP

Old Mutual plc

Ref 474/15

24 June 2015

old mutual completes THE ACQUISITION OF FURTHER STAKE IN uap holdings

Old Mutual plc ("Old Mutual") today announces that it has completed the acquisition of a further 37.3% shareholding in UAP Holdings Limited ("UAP"). Old Mutual now owns 60.7% of UAP. 

We have commenced with the integration process to combine the businesses.

Enquiries

External communications

Patrick Bowes UK +44 20 7002 7440

Investor relations

Dominic Lagan UK +44 20 7002 7190

Sizwe Ndlovu SA +27 11 217 1163

Media

William Baldwin-Charles +44 20 7002 7133

+44 7834 524833

Notes to Editors

Old Mutual provides investment, savings, insurance and banking services to more than 17 million customers in Africa, the Americas, Asia and Europe. Originating in South Africa in 1845, Old Mutual has been listed on the London and Johannesburg Stock Exchanges, among others, since 1999.

In the year ended 31 December 2014, the Group reported adjusted operating profit before tax of £1.6 billion (on an IFRS basis) and had £319 billion of funds under management from core operations.

For further information on Old Mutual plc, please visit the corporate website at www.oldmutual.com