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    Nedcor Empowerment Transaction 
[NOTE: THIS IS AN EXTRACT FROM THE FULL OLD MUTUAL PLC ANNOUNCEMENT]
   
    Proposed appointments to the Nedcor Board
     
   

Once the Nedcor Transaction has been effected and all conditions precedent have been met, Gloria Serobe from the WIPHOLD Consortium, Mustaq Brey from the BRIMSTONE Consortium and Reuel Khoza from Aka Capital will be invited to join the Nedcor Board of Directors.