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Guaranteed Convertible Bonds

28th Apr 2005 11:00

Old Mutual PLC28 April 2005 Old Mutual Finance (Cayman Islands) Limited 3.625% Guaranteed Convertible Bonds On 25 April 2005, the deadline passed for holders of 3.625% GuaranteedConvertible Bonds issued by Old Mutual Finance (Cayman Islands) Limited, awholly-owned subsidiary of Old Mutual plc, to elect to convert their bonds intopreference shares immediately exchangeable for Old Mutual plc ordinary shares. No bondholders have elected to convert and therefore the $636,286,000 ofoutstanding bonds will be redeemed at their principal amount on 3 May 2005. 28 April 2005 ENQUIRIES: Old Mutual plc UKMiranda Bellord +44 (0) 20 7002 7133 Old Mutual plc SANad Pillay +27 (0) 21 504 8026 For further information about Old Mutual plc visit www.oldmutual.com This information is provided by RNS The company news service from the London Stock Exchange

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Old Mutual PLC
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Change74.58