Old Mutual

Corporate

Old Mutual was established in 1845 in South Africa as Mutual Life Assurance Society of the Cape of Good Hope. Today after over 150 years Old Mutual has grown to become a global financial services provider offering a range of services and products mainly in life assurance and asset management. Old Mutual has identified its priorities for the future wherein the company is gradually increasing its focus on emerging industries in rising economies like India and China.

Old Mutual is a Fortune 500 company.

Activities

Old Mutual is very well established in its traditional markets in UK, South Africa, United States and Sweden in life assurance and asset management.

Old Mutual’s traditional markets are spread across three geographies. The company sustains its growth strategy on the basis of its strength in its traditional market.

• UK and the rest of the world
• South Africa
• United States

The services offered by Old Mutual are:

• Asset management
• Unit linked offerings
• Unit trust offerings
• Discretionary portfolio management
• Offshore trusts
• Individual life assurance
• Group life assurance
• Banking
• Disability and health insurance
• Retirement savings and benefit plans

Performance

In fiscal 2005 Old Mutual’s revenues were £ 14,352 million which was approximately 25 % more than what it was in the last fiscal.

Old Mutual’s net income in fiscal 2005 was £ 1,122 million which was an increase of approximately 62 % over what it was in the last fiscal.

Net income over the last 2 fiscals (In million £)

The total value of Old Mutual’s assets in fiscal 2005 was worth £ 80,574 million which was approximately 18 % more than what it was in fiscal before. Total value of assets over the last 2 years (In million £)

Global network

Old Mutual is the largest life assurance services provider in southern Africa where the company provides a number of services ranging from wealth protection and wealth creation products to savings products and funds as well as banking and insurance.

In the developed economies of Europe and North America Old Mutual is focused on the growing population of aging people, providing savings and investment solutions in the areas of life and asset management.

In the fast growing economies of Asia, Old Mutual is focused on industries of the future that have promising potential to grow.

Organization

Old Mutual is headed by Mr. C. Collins who is the Chairman of the company.

Old Mutual employs over 56,000 people worldwide.

Old Mutual’s registered office is located at: 5th Floor, Old Mutual Place,
2, Lambeth Hill,
London
EC4V $GG
Website: www.oldmutual.com