Cancellation of Floating Rate

RNS Number : 1801L

Old Mutual PLC

06 January 2009

 



Ref 01/09

6 January 2009

Notice to the holders of the U.S.$1,630,700,000 Floating Rate Notes due 2013 (ISIN: GB00B2R6HG93) (the 'Notes')

Announcement of Cancellation

NOTICE IS HEREBY GIVEN THAT U.S.$511,800,000 in aggregate nominal amount of the Notes has been cancelled following the purchase of such Notes by Old Mutual plc.  As a result of the cancellation, the aggregate nominal amount outstanding of the Notes has been reduced to U.S.$1,118,900,000.

For further information, please contact:

Rashmin Shah

Group Treasurer, Old Mutual plc

Tel:  [phone]

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

Notes to Editors

Old Mutual

Old Mutual plc is an international savings and wealth management company based in the UK. Originating in South Africa in 1845, the group has a portfolio of businesses offering asset management, life assurance, banking and general insurance services in over 40 countries in Europe, the Americas, Africa and Asia-Pacific. Old Mutual plc is listed on the London Stock Exchange and the JSE, among others.

In the year ended 31 December 2007, the group reported adjusted operating profit of £1.62 billion (on an IFRS basis) and had £279 billion of funds under management at the year end. The Company has approximately 53,000 employees.

 

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