Old Mutual to list new shares

2/4/2010 12:40:01 PM

International wealth savings group Old Mutual plc has applied to the UK Listing Authority to list up to 147,315,590 new ordinary shares of 10 pence each in the company and to trade the shares on the London Stock Exchange.

This follows the recent acquisition by Old Mutual of the shares in Mutual & Federal that it did not already own.

When issued, these shares will be credited as fully paid and will rank pari passu with the Company's existing issued ordinary shares.

Application has also been made for listing of the shares on the JSE and the Namibian, Malawian and Zimbabwean exchanges have been notified.