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OLD MUTUAL SUPERFUND RETIREMENT GUIDE

CORPORATEDO GREAT THINGS EVERY DAY

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AS AN OLD MUTUAL SUPERFUND MEMBER, YOU NOW HAVE A NUMBER OF OPTIONS IF YOU LEAVE YOUR EMPLOYER DUE TO RETIREMENT.

THIS GUIDE IS INTENDED TO HELP YOU:1. Understandyourbenefitsandoptions2. Makeyourinvestmentdecision3. Completethepaperwork

NOTE:1. ThepurposeofthisRetirementGuideistogiveinformationonly.

2. ThisRetirementGuidehasbeenpreparedbasedon legislation and theRules of theOldMutual SuperFundPensionandOldMutualSuperFundProvidentFunds(hereafterreferredtoasOldMutualSuperFund).

3. EveryefforthasbeenmadetoensuretheinformationprovidedinyourRetirementGuideiscorrect.However,shouldanyerrorhavebeenmade,theRulesoftheOldMutualSuperFundwillapply.

4. YouareencouragedtoreadtheRulesoftheOldMutualSuperFund.YoucanobtainthesefromyouremployerorbycontactingtheOldMutualSuperFundServiceCentreon0860203040orsuperfund@oldmutual.com.

Remember:Your rights as a member of the Fund are contained in the Fund Rules.

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CONTENTS

1. UNDERSTANDYOURBENEFITSANDOPTIONS 4

2. DEFERYOURRETIREMENTFROMOLDMUTUALSUPERFUND 5

3. TRANSFERYOURBENEFITTOAPRESERVATIONFUND* 7 ORRETIREMENTANNUITYFUND

4. RETIREFROMOLDMUTUALSUPERFUNDATRETIREMENTFROMEMPLOYER 8 5. OLDMUTUALSUPERFUNDSOLUTIONSATRETIREMENT 11 6. COUNTDOWNTORETIREMENT 13

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1. UNDERSTAND YOUR BENEFITS AND OPTIONSTherearemanyconsiderations forsomeoneapproachingtheir retirementdate.These includegeneral issues likewhereyouwillliveandwhatyouwilldo,aswellasmorespecificfinancialdecisionsthatwillaffectyourfinancialsecurityduringyourgoldenyears.Oneofthemostimportantdecisionsyouneedtomakeishowbesttoinvestyourretirementcapitaltoensurethatyouwillgettheincomeyouneedonceyoustopworking.

Yourbasicoptionswhenyouretirefromyouremployerareasfollows:1. You can postpone your retirement from Old Mutual SuperFund. ThismeansthatyoucontinueyourfundmembershipinOldMutualSuperFundasaDeferredRetirementmember.Thisallowsyourretirementsavingstoremaininvestedandgrowwhileyoudecideonamoreappropriatetimetoaccessyourretirementbenefit.

2. You can choose to transfer your retirement benefit to a preservation fund or retirement annuity fund. Thisallowsyourretirementsavingstoremaininvestedandgrowwhileyoudecideonamoreappropriatetimetoaccessyourretirementbenefit.

3. You can choose to retire from Old Mutual SuperFund right away. Thismeansthatyouwillreceiveyourretirementbenefitandwillhavetomakeanannuitisation/pensiondecision.

Beforemakingadecision,thereareanumberofimportantconsiderationsthatyouneedtobearinmind.• Doyouhaveenoughsavedforacomfortableretirement?• Doyouplanontakingupotheremploymentafterretiringfromyourcurrentemployer?• WillyouhaveothersourcesofincomeotherthanyouraccumulatedretirementsavingsinOldMutualSuperFund?

Ifyoudonothaveenoughsavedandyouwillhavealternativeincomesourcesafterretiringfromyouremployer,thenyoumaywanttoconsiderpostponingyourretirementfromOldMutualSuperFundforafewmoreyears.ThiswillallowyourretirementsavingstogrowandaffordyoubetterannuityrateswhenyoudecidetoretirefromtheFund.Thedecisionyoumakeatthispointshouldbewellconsideredasitwilldeterminethequalityoflifeyouwillhaveafterretirement.

FOR FREE GUIDENANCE, speak to an Old Mutual Retirement Benefits Counsellor (RBC) or call Old Mutual Member Support Services on 0860 388 873 – who will answer any questions you have about the options available to you and help you to reach a decision. This RBC will not, however, give you advice on what option you should choose. Alternatively, speak to your financial adviser.

FormoreinformationonwhatOldMutualSuperFundhastooffer,visitoldmutual.co.za/superfundorcontacttheOldMutualSuperFundServiceCentreon0860203040.

REMEMBER, JUST BECAUSE YOU ARE RETIRING FROM YOUR EMPLOYER DOES NOT MEAN THAT YOU HAVE TO RETIRE FROM OLD MUTUAL SUPERFUND!

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2. DEFER YOUR RETIREMENT FROM OLD MUTUAL SUPERFUND

REMAIN AN OLD MUTUAL SUPERFUND MEMBEROldMutualSuperFundallowsretiredmemberstocontinuetheirmembershipeventhoughtheyhaveretiredfromtheiremployer.ThismeansthatyouarenolongerforcedtoretirefromtheFundwhenyoustillhaveothersourcesofincomeanddon’tneedyourretirementbenefityet.Old Mutual SuperFund Deferred Retirement provides you with the option of keeping your retirement savingsinvested,protectedandgrowingwhileyoudecideonamoreappropriatetimetoaccessyourretirementbenefit.Thisisespeciallyimportantifyouareconcernedthatyoumaynothaveenoughsavedtoretirecomfortably,orifyouwanttogiveyouraccumulatedsavingsanextraboost.

Below are some of the benefits that you could enjoy by deferring your retirement:• Getyour retirementplanbackontrack.Postponingyour retirement fromOldMutualSuperFundwillgiveyoursavingstheextraboostneededforamorecomfortableretirement.

• Youarenotforcedtotakethepaymentofyourretirementbenefit.Youcanpostponethepaymentofyourretirementbenefittowhenyouwanttoandhaveconsideredallyouroptions.

• You remain invested in a cost effective solution. You benefit from low administration fees and institutionalinvestmentmanagementfees.

• Youenjoyflexibilityininvestmentchoice.Youdecidehowyouwantyoursavingstobeinvestedfromarangeofinvestmentfunds.

• YoucanconsolidateyourretirementsavingsinOldMutualSuperfundDeferredRetirement.Youcantransferanyotherpension,providentandpreservation fund savings that youmayhave toOldMutualSuperFundDeferredRetirementifthesourcefundrulesallowforit.

• Youcanselectyourretirementage.YoucanretirefromOldMutualSuperFundatanytime.

Allyouneedtodoto jointheOldMutualSuperFundDeferredRetirementsolution istoELECTtopostponeyourretirement from Old Mutual SuperFund by notifying your payroll administrator or contacting the Old MutualSuperFundServiceCentre.

NOTE: Important information about your Old Mutual SuperFund Deferred Retirement membership1. OldMutualSuperFundDeferredRetirementisafacilitythatallowsyourretirementsavingstoremaininvestedandgrowinOldMutualSuperFundafteryouretirefromyouremployer.

2.Therearenoadditionalcontributionsallowed,onlyretirementsavingtransfersfromregisteredretirementfunds,excludingretirementannuities,willbeallowedintotheOldMutualSuperFundDeferredRetirementaccount.

3.OldMutualSuperFundDeferredRetirementmembershipisavailabletoallmembersoftheOldMutualSuperFund.4.OldMutualSuperFundDeferredRetirementmembershipisnotavailableif,onexitfromemployment,anemployerliendeductionhastobemadeagainstyourbenefitintermsofsection37D(1)(b)ofthePensionFundsAct.

5.EventhoughOldMutualSuperFundDeferredRetirementmembershipoffersyoulotsofinvestmentchoice,itdoesnotincludealloftheinvestmentportfoliosofferedundertheOldMutualSuperFundCustomisedOption.

6.IfyouwereinvestedintheOldMutualSuperFundCustomisedOptionyouwillhave60daysfromthedateyoustartyourOldMutualSuperFundDeferredRetirementmembershiptosubmitanInvestmentChangeForm,informingusofyourinvestmentchoice.Ifyoudon’tdothis,yourretirementsavingswillbeswitchedtotheTrusteeelecteddefaultinvestmentportfolio.Youcanalwaysswitchoutofthisatalaterstage.DownloadtheInvestmentChangeFormatoldmutual.co.za/SuperFundForms

7. ThereisnominimumamountforinvestinginOldMutualSuperFundDeferredRetirement.8.WerecommendthatmemberswithR30000orlessintheirOldMutualSuperFundMemberAccountinvestintheTrusteeChoiceinvestmentpackagetokeepfeestoaminimum.Thiswillprotectyouagainsttheriskthatfeesreduceyourinvestmentgrowthovertime.

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ACTIVATING YOUR OLD MUTUAL SUPERFUND DEFERRED RETIREMENT MEMBERSHIP IS EASY – NO FORMS, NO FUSS!Here’s how:TellyourpayrolladministratorthatyouarechoosingtodeferretirementfromOldMutualSuperFundandmakesurethatyourcurrentcontactdetailsaresenttoOldMutualSuperFund.

TofindoutmoreaboutOldMutualSuperFundDeferredRetirementmembershipvisitoldmutual.co.za/SuperFundorcontacttheOldMutualSuperFundServiceCentreon0860203040.

IfyoubecomeaOldMutualSuperFundDeferredRetirementmember,OldMutualSuperFundwillbeabletogiveyouupdatesonyourretirementsavingsinthefutureandmakesureyoucaneasilyclaimyourretirementbenefitwhenyouarereadytoretirefromtheFund.

What happens next?WhenyoubecomeaOldMutualSuperFundDeferredRetirementmember,youwillreceivealetterexplaininghowyourmembershipworksandwhatyouneedtodonext.

Ifyoudonotreceiveyourletter,pleasecalltheOldMutualSuperFundServiceCentreon0860203040.

Who qualifies?AllOldMutualSuperFundmembersexceptthosewithemployerliens,asperSection37D(1)(b)ofthePensionsFundAct,atthetimeofleavingemploymentduetoretirement.

ItisadvisedthatmembersconsideringOldMutualSuperFundDeferredRetirementhaveasteadyincometorelyonduringthedefermentterm.

MORE DETAIL ON OLD MUTUAL SUPERFUND DEFERRED RETIREMENTOLD MUTUAL SUPERFUND DEFERRED RETIREMENT

Joining

When available RetirementfromEmployer(Early;IllHealth;Normal;Late)

Advice Fees No.

Remain invested Yes.MembersintheOldMutualSuperFundCustomisedOptionhave60daysfromthedatetheyjointheOldMutualSuperFundDeferredRetirementfacilitytosubmitanInvestmentChangeForm,makinganewinvestmentelection.Ifnoinstructionisreceivedafterthisperiod,theretirementsavingswillbeswitchedtotheTrusteeselecteddefaultinvestmentportfolio.DownloadtheInvestmentChangeFormat:oldmutual.co.za/SuperFundForms

Continue contributing No.Onlyaccumulatedretirementsavingsfromregisteredretirementfunds,excludingretirementannuities,willbeallowedintoOldMutualSuperFundDeferredRetirement.

Risk Benefits No.

Membership

Administration Fees (pm) Chargedaccordingtoinvestmentpackage.

Forthelatestadministrationfees,pleaseclick here.

Benefit Payments

Transfer in (Consolidate) Yes

Cash in/Transfer out No

Death benefit Yourretirementsavingsarepaidtoyourdependantsand/ornominees.

Retirement benefit Accessibleatanytime.

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3. TRANSFER YOUR BENEFIT TO A PRESERVATION FUND* OR RETIREMENT ANNUITY FUND

Whenyouretirefromyouremployeryoumayelecttodeferyourretirementandtransferyourretirementbenefittoapreservationfundorretirementannuityfund,subjecttothetermsallowedintheIncomeTaxAct.

Youcannottakeaportionofthebenefitandtransfertheresttothepreservationorretirementannuityfund,thefullretirementbenefitmustbetransferred.

*Memberswho transfer their retirement benefit (at retirement) to a preservation fundwill not be allowed to take the once-off

withdrawalthatisapplicabletonon-retirees.

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4. TAKE YOUR BENEFITRETIRE FROM OLD MUTUAL SUPERFUND AND BUY A PENSION Annuity OptionsAlwaysrememberthattheoriginalpurposeofbeingpartofaretirementfundistosaveupenoughcapitaltoprovideyouwithagoodincomeafteryouretire.Beforedecidingwhethertotakeanypartofyourretirementcapitalasacashlumpsum,carefullylookattheannuityquotesyouwillreceivefrominsurers.

Thesequoteswillshowyouhowmuchyourmonthlyannuitywillbeandifitistoolowforyourneeds,itmaybeabetterideatousemoreofyourretirementcapitaltowardsyourannuityratherthantakingallofthecashyouareallowedto.

1. Level Annuity Yourmonthlypensionwillremainexactlythesamefromyeartoyear.Thisannuitythereforedoesnotofferanyprotectionagainstinflation.

2. Guaranteed Escalation Annuity Yourmonthlypensionwillincreaseatapre-determinedrateeachyear,offeringsomeprotectionagainstinflation.

3. Inflation-linked Annuity Yourmonthlypensionwillincreaseataninflation-relatedrate.Yourpensionplusincreasesareguaranteedandpaiduntilyoudie.Thispensionwillkeepupwithinflation.

4. With-Profit Annuity Youshareintheactualinvestmentreturns–eventhoughthesizeofincreasesisnotguaranteed,theactualpensionpluspastincreasesareguaranteedandpaiduntilyoudie.Thispensionshouldkeepupwithinflation.

Alloftheabovearealsocalled“guaranteedannuities”, “conventionalannuities”or “annuities for life”.Theannuityispurchasedwiththatpartofyourretirementcapitalthatyoudidnotorcouldnottakeincashandprovidesforaguaranteedincomeforyourfulllifetime.Whenyoudieitwillstopbeingpaidimmediatelyandnothingwillremainpayabletoyourestateoranybeneficiary,unlessyouselectedadditionaloptionssuchas“JointandSurvivorship”or“TermCertainandThereafter”oraCapitalPreservationoption.Speaktoafinancialadviserifyouareunsureabouttheseoptions.

5. Living Annuity(alsocalledinvestment-fundedincome) Thisoptionallowsyoutoactivelycontrolhowtheretirementcapitalisinvestedandhowyouwishtoaccessit.Youcanchooseannually todrawbetween2.5%and17.5%of thecapitalasamonthly income.Youaresolelyresponsibleforensuringthattheinvestmentkeepsupwithinflationandthatthemoneylastsuntilyourdeathandifyoudon’tmanagethisproperlythenthereistherealriskofthemoneyrunningoutduringyourretirement.Underthisannuity,yourdependentsorbeneficiarieswillreceivetheremainingcapitalwhenyoudie.

SUMMARY: ANNUITY PAYOUT PROFILES COMPAREDTheseannuitiesmaybechosenontheirownorincombinationifyouhaveabigenoughretirementcapital.Everyindividual’scircumstancesmustbeproperlyassessedbyafinancialadviserbeforeadecisionismadewhethertochooseaGuaranteedAnnuityoraLivingAnnuity.

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ItisgenerallyfeltthattheLivingAnnuityoptionisbestsuitedtothosewhoarewealthyandisnotwell-suitedtothosewhohavenotsavedsufficientlyfortheirretirement.However,itdependsontheindividual’scircumstancesanditmayevenbeagoodideatofirstgointoaLivingAnnuitywheninterestratesarelowandthenswitchtoaGuaranteedAnnuitywhen interest rates aremore favourable, since aGuaranteedAnnuity isdeterminedon thebasis of theprevailinginterestratesandoncechosencannotbechangedatanystage.

GUARANTEED ANNUITY (ANNUITY FOR LIFE)

LIVING ANNUITY (INVESTMENT FUNDED INCOME)

Is income guaranteed for life

Yes No,theincomewillceaseifthecapitalistotallyconsumedbywayofthedrawdownratebeingtoohighand/ortheinvestmentreturnsbeingpoor.

Initial Income Level:HighestFixedescalation:IntermediateWith-profits:IntermediateInflation-linked:Lowest

Dependsondrawdownrate.Annualincomelimitedto2.5%to17.5%p.a.

Can the level of income be changed

No,determinedonthebasisoftheinterestrateenvironmentandotherfactorsasatinceptionandremainsso.

Yes,annually.

Annual increases Level:NoneFixedescalation:GuaranteedincreaseWith-profits:TargetsinflationInflation-linked:Guaranteesinflation

Ifinvestmentperformanceisconsistently:•Greaterthanyourdrawdownrate–sustainableannualincreases.•Equaltoyourdrawdownrate–increasesnotsustainable.•Lessthanyourdrawdownrate–risksrapiddepletionoffundsandconsequentreductioninincome.

Is income dependant on investment returns

No Yes

Can the type of annuity be changed

No Yes,canconverttoaGuaranteedAnnuity.

Capital to beneficiaries on death

No* Yes,providedfundshavenotbeencompletelydepleted.

Protection against living too long (longevity protection)

Yes(alltypes) No,unlessinvestmentperformanceisconsistentlygreaterthanyourdrawdownrate.

*Exceptions:Singlelifeannuitywithguaranteedtermandcapitalpreservationoption

CASH OPTIONIfyouareamemberofapensionfund,youmaytakeuptoonethirdofyourretirementcapitalamountincashanduseitasyouwish.Ofcourse,ifyoudon’tneedcash,itwillbeagoodideatoratherapplytheamounttowardsanannuityoptionandtherebysecureabiggermonthlyincome.

Ifyouareamemberofaprovidentfund,thereiscurrentlynorestrictionontheportionofyourretirementcapitalyoucantakeincash.However,bearinmindthatthismoneyisintendedforyourretirementsoitisbesttoinvesttowardsanannuityoption.

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Tax – how to avoid paying too muchThefollowingtieredtaxtableisusedatretirement:

RETIREMENT LUMP SUM BENEFIT RATE OF TAX

R0-R500000 0%

R500001-R700000 18%oftaxableincomeaboveR500000

R700001-R1050000 R36000+27%oftaxableincomeaboveR700000

R1050001+ R130500+36%oftaxableincomeaboveR1050000

GETTING FINANCIAL ADVICE IS A GOOD IDEA Beforeyoumakeafinaldecisionaboutwhattodowithyourretirementsavings,itmakesgoodsensetodiscussyouroptionswithafinancialadviser.Anadviserwillhelpyoumakesuitabledecisions,takingyourfutureretirementneedsintoaccount.Anadvisercanalsohelpyoutomakesureyouhaveenoughdeath,disability,funeralandmedicalcovergoingforward.

If you don’t have a financial adviser or broker, you can call the Old Mutual Member Support Services on 0860 38 88 73 for help.

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5. OLD MUTUAL SUPERFUND SOLUTIONS AT RETIREMENT

MAKING YOUR INVESTMENT DECISION SO MUCH EASIERWithsomanyoptionsavailabletoyouwhenyouretire,itcanbedifficulttomaketherightdecisionaboutwhattodowithyourretirementfundsavings.Asyourpartnerthroughoutyourretirementjourney,OldMutualSuperFundnotonlymakesitpossibletosaveforyourretirement,italsosupportsyouinchoosingandbuyinganannuitythatwillprovideyouwithanincomeinretirement.

Old Mutual SuperFund Solutions At Retirement is comprisedof two simple,but effective at-retirement annuityoptionsthathavebeencarefullyselectedbytheOldMutualSuperFundManagementBoard.Theseannuityoptionsare Old Mutual Fund Select Annuity (Guaranteed Annuity) and Old Mutual Max Income Living Annuity (LivingAnnuity)andbothofferyouaneasyandcost-effectivewaytoseamlesslygofromsavingforretirementtoearningtheincomeyouneedinretirement(yourpension).

FEATURES OF FUND SELECT ANNUITY (GUARANTEED ANNUITY)Thisannuitypaysyouaguaranteedmonthlyincomefortherestofyourlife.Dependingonvariousfactors,includinghowwellthemarketperforms,youmayreceiveayearlypensionincrease,whichwillthenalsobeguaranteedforlifeandwillneverbetakenaway.Importantly,theguaranteesthatarepartofFundSelectAnnuitymeanthatyouwillneverstopreceivingyourincomeforaslongasyouarealive.Inexchangeforthissecuritythroughoutyourretirement,FundSelectAnnuitydoesnotofferalumpsumbenefitthatcanbepaidouttoyourlovedoneswhenyoudie.Youcanhowevercoverasecondlifeorchooseaminimumcapitalguaranteeperiod(upto25years)duringwhichtimeyourbeneficiarieswillreceiveanincomeifyoupassaway.Theseoptionswillreducetheamountofretirementincomethatyoureceive.

BENEFITS OF FUND SELECT ANNUITY (GUARANTEED ANNUITY)• Security–yourmonthlyincomeinretirementisguaranteedtobepaidforyourlifetime.Allincreasesgrantedarealsoguaranteedforlife.

• Trusted Product–chosenandendorsedbyyourOldMutualSuperFundManagementBoard.• Simple yet effective–aneasyandseamlessdecisionandpurchaseprocess.• The Option of Personal Advice–gettheguidanceofaPersonalFinancialAdvisertohelpyoumakeyourannuitydecision.Youwillneedtopayanyextracoststhatsuchanadvisercharges.

• Free Access to a Retirement Benefits Counsellor (RBC)–whowillansweranyquestionsyouhaveaboutthesolutionsavailabletoyouandhelpyoutoreachadecision.ThisRBCwillnot,however,giveyouadviceonwhatsolutionyoushouldchoose.

FEATURES OF MAX INCOME LIVING ANNUITYThislivingannuityallowsyoutochoosewhichinvestmentportfolioyourretirementsavingsareinvestedinto,and,whatpercentageof your total invested amountwill getpaid to you as an income. You can choose this incomeamount fromtheoptions recommendedby theOldMutualSuperFundManagementBoard.UnlikeFundSelectAnnuity, there isnoguaranteethatthis income inretirementwillcontinue for therestofyour life -soyouneedtomakegooddecisionsabouthowmuchincomeyouwanttoreceive.However,unlikewithFundSelectAnnuity,shouldyoupassawaybeforeyourinvestedamountisusedup,theremainingamountcanbelefttoyourlovedonesorformpartofyourestate.

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BENEFITS OF MAX INCOME LIVING ANNUITY• Income Flexibility–chooseyourownlevelandfrequencyofincome.• Investment Choice – tailoryourunderlying investments tosuityourneedsandpreferencesusing theportfoliosendorsedbytheManagementBoard.

• Legacy–ifthereiscapitalleftinyourinvestmentswhenyoupassaway,thiscanbelefttoyourbeneficiariesoraddedtoyourdeceasedestate.

• The Option of Personal Advice–gettheguidanceofaPersonalFinancialAdvisertohelpyoumakeyourannuitydecision.Youwillneedtonegotiatethefeewiththerelevantadviser.

• Free Access to a Retirement Benefits Counsellor (RBC) –whowillansweranyquestionsyouhaveaboutthesolutionsavailabletoyouandhelpyoutoreachadecision.ThisRBCwillnot,however,giveyouadviceonwhatsolutionyoushouldchoose.

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6. COUNTDOWN TO RETIREMENT FROM YOUR EMPLOYER

Nowthatyouarewellinformedaboutyouroptionsatretirementfromyouremployer,youcanstartcountingdowntothedateyouretirefromyouremployer.

SIX MONTHS TO RETIREMENT THREE MONTHS TO RETIREMENT SIX WEEKS TO RETIREMENT

Youshould:•NotifyyourEmployerandOldMutualSuperFundofyourapproachingretirementandrequestyourlatestretirementbenefitvaluebycalling0860203040. Notethatyourretirementbenefitvaluecanalsobeaccessedviathesecurememberwebsiteandonthemobilesite.

Youshould:•FindoutmoreaboutOldMutualSuperFundDeferredRetirementand OldMutualSuperFundSolutionsAtRetirementwhichareoffered byOldMutualSuperFund;•Speaktoaqualifiedfinancialadviseraboutyouroptionsatretirement.

Youshouldensurethat:•YourEmployerhasforwardedyourexitdocuments,oryourelectiontodeferretirementto OldMutual;•OldMutualhasyourtaxregistrationnumber;•Youselectthetypeofannuity(orcombinationofannuities)thatbestsuitsyourneeds.

ONE MONTH TO RETIREMENT RETIREMENT! YOUR BIG DAY!

Youshouldbynow:• HavemadeanelectiontodeferretirementfromOldMutualSuperFund.

ORIfyouchoosetoannuitise:• Haverequestedyourfinalquotation;• Havearrangedforthepurchaseofyourannuity;and

• Havecompletedandsignedtheapplicationformforyourpreferredannuityproduct(orcombinationofannuities).

• Ifyouchoosetodeferyourretirement,youwillremaininvestedandyoursavingswillkeepgrowing.Youwillreceiveawelcomelettershortlyafter,confirmingyourmembershipinOldMutualSuperFundDeferredRetirement,withfurtherinformationonyourinvestmentandbenefits.

ORIfyouchosetoannuitiseyoushouldreceiveyour:• Cashlumpsum,ifyouhaveselectedone(subjecttotherequiredtaxclearancebeingobtainedfromtheReceiverofRevenue);and

• Firstpensionpayoutfromtheannuityproductyouhaveselected,unlessyoutook100%ofthebenefitasacashlumpsum(ProvidentFundonly).

REGULATORY INFORMATION:OldMutualCorporateisadivisionofOldMutualLifeAssuranceCompany(SouthAfrica)Limited,JanSmutsDrive,Pinelands,7405,SouthAfrica.Registrationno:1999/004643/06.AlicensedfinancialservicesproviderauthorisedintermsoftheFinancialAdviseryandIntermediaryServicesAct,2002,tofurnishadviceandrender intermediaryserviceswithregardto long-terminsuranceandpensionfundbenefits,aswellasproviding intermediaryservicesasadiscretionaryinvestmentmanager.PleasenotethatthislicensedoesnotcoverthemarketingofthisproductbypersonsotherthanOldMutualanditsstaff.Everyefforthasbeenmadetoensurethatthisdocumentandtheproductsreferredto,meetthestatutoryandregulatoryrequirements,pertainingtothemannerandformatinwhichinformationregardingfinancialproductsispresented.However,shouldyoubecomeawareofanybreachofsuchstatutoryandregulatoryrequirements,pleaseaddressthematterinwritingto:TheComplianceOfficer,OldMutualCorporate,POBox728,CapeTown8000,SouthAfrica.

USE ANY OF THE CHANNELS BELOW TO GET THE HELP AND SUPPORT YOU NEED TO PLAN FOR A SUCCESSFUL RETIREMENT.

Foradviceonyouroptions,contacteitheryourPersonalFinancialAdviseroryourHRdepartmentforyouremployerfundintermediarydetails.

Forfreeguidance,speaktoanOldMutualRetirementBenefitsCounsellor(RBC)orcallOldMutualMemberSupportServiceson0860388873.

Formoreinformation,sendanemailtosuperfundannuity@oldmutual.comorvisitourwebsiteatoldmutual.co.za/SuperFundAnnuity

ForthecurrentvalueofyourretirementfundsavingsinOldMutualSuperFund,registerforSecureServicesatoldmutual.co.za/selfservice

Visit oldmutual.co.za/Superfund

Call 0860 20 30 40 or email superfund@oldmutual.com for service related queries.