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OMU - LAUNCH OF ACCELERATED OFFERING OF UP TO 5,494,762 NEDBANK GROUP LIMITED ORDINARY SHARES

Old Mutual shareholders ("Shareholders") are referred to the completion announcement published on the Stock Exchange News Services of the JSE Limited ("JSE"), the London Stock Exchange, the Malawi Stock Exchange, the Namibian Stock Exchange and the Zimbabwe Stock Exchange (collectively “News Services”) dated 15 October 2018 respectively wherein it was announced that Old Mutual had successfully unbundled the majority of its shareholding in the issued share capital of Nedbank Group Limited (“Nedbank”) to its Shareholders ("Unbundling").

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