MOMENTUM MOZAMBIQUE

Created in December 2010 from the merger of Metropolitan Holdings and the Momentum Group, MMI is one of the largest insurers in South Africa doing business in 15 countries outside South Africa. MMI also opened a liaison office in India in 2011, tasked with exploring business opportunities in the region. The core businesses of MMI are long- and short-term insurance, asset management, savings, investment, health care administration and employee benefits. Product solutions are provided to all market segments through the well-established Momentum and Metropolitan brands. Prior to the merger of Metropolitan and Momentum, both of these companies maintained a significant presence in the South African financial services landscape. Metropolitan, with over a 110 year history, is considered a pioneer of empowerment in the financial services sector. It was the first company on the JSE to conclude an empowerment transaction - which it did in 1993 with New Africa Investments Limited (NAIL), an empowerment consortium. Metropolitan is also focusing its business on the emerging market, providing financial services and products to a large number of Africa's people. OUR STRATEGIC FOCUS AREAS