BEE (Black Economic Empowerment)

Old Mutual plc is a very significant participant in the South African economy through its three subsidiaries Old Mutual (SA) (our life assurance and asset management businesses), Nedcor and Mutual & Federal. Our strategy is to create a powerful international financial services company using our strong South African businesses. The strength of those businesses and the growth of our customer base requires the normalisation of South African society and the establishment of successful black participation in the economy.

You can find more information about Old Mutual's BEE transaction here.

Old Mutual plc, Nedbank Group and Mutual & Federal ("the Old Mutual Group") have announced details of their broad-based black economic empowerment ("BEE") transactions in Namibia on Tuesday, 5 September 2006. 

Namibia BEE - Media Release
Namibia BEE PDF

An archive of the webcast of the presentation can be accessed via http://www.corpcam.com/OldMutual05092006.