Financial results Delivering on our strategy – investing in the future New Value of Return on Profits from Interim business new embedded operating dividend PVP * business * value divisions per share +22% +23% +20% +24% +12% R20 779m R378m to R1 365m 57cps 2 331cps * Excludes FNB Life
MMI Holdings | Semi-Annual December 2013 Interim Report Page 4 Page 6