OLD MUTUAL PLC - Appointment of New Non-Executive Director

Appointment of New Non-Executive Director

       OLD MUTUAL PLC
       ISIN CODE: GB00B77J0862
       JSE SHARE CODE: OML
       NSX SHARE CODE: OLM
       ISSUER CODE: OLOMOL


       Ref 802/15
       3 December 2015


       APPOINTMENT OF NEW NON-EXECUTIVE DIRECTOR

       Old Mutual plc (“Old Mutual” or “the Group”) is pleased to announce the appointment of Trevor
       Manuel, aged 59, as a non-executive Director and member of the Board Risk Committee of the Old
       Mutual Board with effect from 1 January 2016. This appointment is being made in anticipation of Mr
       Manuel joining the board and becoming the non-executive Chairman of Old Mutual Group Holdings
       Limited (“OMGH”) after the current Chairman of OMGH, Paul Hanratty, leaves the Group during 2016.

       OMGH is the parent company of Old Mutual Emerging Markets and Nedbank Group Ltd, both of
       which have been designated by South African regulators as Domestic Systemically Important
       Financial Institutions. It is anticipated that the OMGH board will be mandated by Old Mutual in due
       course to fulfil the obligations that are expected to arise under the planned South African “Twin
       Peaks” supervisory regime applicable to financial conglomerates.

       Patrick O’Sullivan, Chairman of Old Mutual, said: “We are delighted to be able to appoint Mr Manuel
       to our Board, given his wealth of experience in advising and guiding the development of the financial
       services sector in emerging markets. His track record of leadership in developing sound regulation
       for financial services over many years will be of great benefit to the Group, in particular as we prepare
       for forthcoming changes in the regulatory environment in South Africa.”

       Mr. Manuel said: “I am very much looking forward to being able to contribute to the Old Mutual
       Group’s further development over the coming years.”

       Old Mutual confirms that there are no matters relating to Mr Manuel that would require disclosure
       under Listing Rules 9.6.13 (1) to (6).

       Enquiries
       External communications
       Patrick Bowes                    UK      +44 20 7002 7440
       Investor relations
       Dominic Lagan                    UK      +44 20 7002 7190
       Sizwe Ndlovu                     SA      +27 11 217 1163

       Media
       William Baldwin-Charles                  +44 20 7002 7133
                                                +44 7834 524833

       Sponsor:
       Merrill Lynch South Africa (Pty) Ltd


       Joint Sponsor:
       Nedbank Capital


       Notes to Editors

       Old Mutual provides investment, savings, insurance and banking services to more than 17 million
       customers in Africa, the Americas, Asia and Europe. Originating in South Africa in 1845, Old Mutual
       has been listed on the London and Johannesburg Stock Exchanges, among others, since 1999.
       In the year ended 31 December 2014, the Group reported adjusted operating profit before tax of £1.6
       billion (on an IFRS basis) and had £319 billion of funds under management from core operations.
       For further information on Old Mutual plc, please visit the corporate website at www.oldmutual.com


       Biography of Trevor Manuel

       Mr. Manuel, who is South African, served in the South African Government for more than 20 years,
       including as Minister of Finance from 1996 to 2009 and as Minister in Presidency, responsible for the
       National Planning Commission, from 2009 to 2014. During his ministerial career he assumed a
       number of ex-officio positions at international bodies including the United Nations Commission for
       Trade and Development, the World Bank, the International Monetary Fund, the G20, the African
       Development Bank and the Southern African Development Community.

       He currently serves on the International Advisory Board of the Rothschild Group and as non-executive
       Deputy Chairman of Rothschild South Africa which provides financial advisory services to Old Mutual.
       He is also a non-executive Director on the Boards of SABMiller plc and Swiss Re.




INVESTMENT | SAVINGS |INSURANCE | BANKING

Date: 03/12/2015 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.