DIVIDEND INFORMATION

DIVIDEND OVERVIEW


DIVIDEND DECLARATIONS

The Board of directors has approved and declared a gross interim dividend of 45 cents per ordinary share.

The interim dividend of 45 cents per share is in line with Old Mutual Limited's dividend policy, which is set at 40% of Adjusted Headline Earnings. The interim dividend will be paid out of distributable reserves and is payable on 14 October 2019 to all ordinary shareholders recorded on the record date. The dividend of 45 cents per ordinary share will be subject to a local dividend tax rate of 20% which will result in a net interim dividend, to those shareholders who are not exempt from paying dividend tax, of 36 cents per ordinary share. International shareholders who are not exempt or are not subject to a reduced rate in terms of a double taxation agreement will be subject to dividend withholding tax at a rate of 20%.

Shareholders on the London, Malawian, Namibian and Zimbabwean registers will be paid in the local currency equivalents of the interim dividend. In Malawi, Namibia and Zimbabwe these distributions will be made through dividend access trust or similar arrangements established in each country and will not be subject to South African withholding tax.

Old Mutual Limited's income tax number is 9267358233. The number of ordinary shares in issue in the company's share register at the date of declaration is 4,831,264,848.

Declaration dateMonday, 02 September 2019
Transfers suspended between registers Close of business
09 September 2019
Exchange rates announcedTuesday, 10 September 2019
Last day to trade cum dividend for shareholders on the South African Register and Malawi, Namibia and Zimbabwe branch registers Tuesday, 17 September 2019
Ex-dividend date for shareholders on the South African Register and Malawi, Namibia and Zimbabwe branch registers Wednesday, 18 September 2019
Last day to trade cum dividend for shareholders on the UK registerWednesday, 18 September 2019
Ex-dividend date for shareholders on the UK registerThursday, 19 September 2019
Record date (all registers)Close of business
20 September 2019
Transfers between registers restartOpening of business
Monday, 23 September 2019
Final Dividend payment dateMonday, 14 October 2019

Share certificates for shareholders on the South African register may not be dematerialised or rematerialised between Wednesday, 18 September and Friday, 20 September 2019, both dates inclusive. Transfers between the registers may not take place between Tuesday, 10 September and Friday, 20 September 2019, both dates inclusive. Trading in shares held on the Namibian section of the principal register through Old Mutual (Namibia) Nominees (Pty) Limited will not be permitted between Tuesday, 10 September and Thursday, 19 September 2019, both dates inclusive.

Shareholders that are tax resident in jurisdictions other than South Africa may qualify for a reduced rate under a double taxation agreement with South Africa. To apply for this reduced rate, non-SA taxpayers should complete and submit a declaration form to the respective registrars. The declaration form can be found on our Dividend Tax considerations page.

DIVIDEND

SOUTH AFRICA

R0.45

MALAWI

MK21.69

NAMIBIA

N$0.45

UNITED KINGDOM

2.46p

ZIMBABWE

RTGS$0.3380