Old Mutual Limited
Incorporated in the Republic of South Africa
Registration number: 2017/235138/06
ISIN: ZAE000255360
LEI: 213800MON84ZWWPQCN47
JSE Share Code: OMU
LSE Share Code: OMU
MSE Share Code: OMU
NSX Share Code: OMM
ZSE Share Code: OMU
("Old Mutual" or “the Company”)



Ref 23/22
22 June 2022


NEW FINANCIAL INSTRUMENT LISTING AND NOTICE IN TERMS OF SECTION 45(5) OF THE
COMPANIES ACT 71 OF 2008 OF THE GRANTING OF FINANCIAL ASSISTANCE BY OLD MUTUAL



Shareholders of the Company are referred to the announcement released on the
Stock Exchange News Service this afternoon, 22 June 2022 under the Old Mutual
Life Assurance Company (South Africa) Limited (“OMLACSA”) code, OLDM, advising
that the JSE has granted a listing to OMLACSA of its unsecured floating rate
note   of   R1,110,000,000   in   terms   of   its   R25,000,000,000   Multi-Issuer   Note
Programme (“the Programme”), as guaranteed by Old Mutual Limited, dated 4 March
2020 (the “Guarantee”).



The above Guarantee constitutes financial assistance as define in section 45(1)
of the Companies Act 71 of 2008 (the “Companies Act”) and accordingly notice is
hereby given that the board of directors of the Company (the “Board”)adopted
resolutions to provide financial assistance as contemplated in section 45(1) of
the Companies Act, for amounts and on such terms and conditions as determined by
the board, pursuant to the authorities granted in terms of the special resolution
adopted by shareholders at the annual general meeting of the Company held on 27
May 2022 authorising the board of the directors of the Company to provide direct
or indirect financial assistance by way of a loan, guarantee, the provision of
security to any of its present or future         subsidiaries and/or any other company
or entity that is or becomes related or inter-related to the Company or any of
its subsidiaries, and/ or to any member of such subsidiary or related or inter-
related company or entity.



In accordance with section 45(3)(b) of the Companies Act, the Board advises that
is satisfied and acknowledges, in respect of the financial assistance, that:
-     immediately after providing such financial assistance, Old Mutual would have
      satisfied the solvency and liquidity test as provided in section 4 of the
      Companies Act; and

-     the terms under which the financial assistance has been given are fair and
      reasonable to the Company.

Shareholders are advised that the total facility value, if utilised, will exceed
1/10th (one tenth) of 1% (one percent) of the Company's net worth as at the date
of the last Board meeting, being 27 August 2021.




Sandton

Sponsors
Johannesburg Stock Exchange     Merrill Lynch South Africa (Pty) Limited ta BofA
                                Securities
Namibia                         PSG Wealth Management (Namibia) (Proprietary)
                                Limited
Zimbabwe                        Imara Capital Zimbabwe plc
Malawi                          Stockbrokers Malawi Limited


Enquiries


Investor Relations
Sizwe Ndlovu                   T: +27 (0)11 217 1163
Head of Investor Relations     E: tndlovu6@oldmutual.com


Communications
Vuyo Mtawa                     M: +27 68 422 8125
    Head: Group Communications E: vmtawa@oldmutual.com



Notes to Editors


About Old Mutual Limited
Old Mutual is a premium African financial services group that offers a broad
spectrum of financial solutions to retail and corporate customers across key
markets segments in 14 countries. Old Mutual's primary operations are in South
Africa and the rest of Africa, and it has a niche business in China. With over
177 years of heritage across sub-Saharan Africa, Old Mutual is a crucial part of
the communities we serve and broader society on the continent.


For further information on Old Mutual, and its underlying businesses, please
visit the corporate website at www.oldmutual.com.