Shareholders of FirstRand and Metropolitan are advised that FirstRand, Metropolitan and
Momentum (the “Parties”) have reached agreement for the merger of Momentum and
Metropolitan (the “Proposed Merger”). The Proposed Merger will create a leading
insurance‐based financial services group and will significantly expand the product offerings,
target markets and growth prospects of Momentum and Metropolitan in South Africa and
elsewhere in Africa.
Momentum (the “Parties”) have reached agreement for the merger of Momentum and
Metropolitan (the “Proposed Merger”). The Proposed Merger will create a leading
insurance‐based financial services group and will significantly expand the product offerings,
target markets and growth prospects of Momentum and Metropolitan in South Africa and
elsewhere in Africa.