OLD MUTUAL PLC - Notification of Major Interest in Shares

Notification of Major Interest in Shares

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



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are           OLD MUTUAL PLC
attached: ii

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights                                              X

An acquisition or disposal of qualifying financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying
financial instruments

An event changing the breakdown of voting rights
Other (please
specify):

3. Full name of person(s) subject to the
notification obligation: iii                                     PUBLIC INVESTMENT CORPORATION SOC LIMITED


4. Full name of shareholder(s)
 (if different from 3.):iv                                               N/A
 

5. Date of the transaction and date on
which the threshold is crossed or                                 08 September 2016
reached: v

6. Date on which issuer notified:                                 09 September 2016

7. Threshold(s) that is/are crossed or
reached: vi, vii                                                         11%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of        Situation previous          Resulting situation after the triggering transaction
shares               to the triggering
                     transaction
if possible using    Number          Number      Number          Number of voting         % of voting rights x
the ISIN CODE        of              of          of shares       rights
                     Shares          Voting      Direct          Direct
                                     Rights                      xi      Indirect xii     Direct         Indirect
                                   
                     542,282,182                 541,196,818                              10.979%
       OML


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial          Expiration    Exercise/                 Number of voting              % of voting
instrument                 date xiii     Conversion Period xiv     rights that may be            rights
                                                                   acquired if the
                                                                   instrument is
                                                                   exercised/ converted.

NONE                       N/A           N/A                       N/A                           N/A



C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
xv, xvi

Resulting situation after the triggering transaction

Type of financial     Exercise     Expiration   Exercise/      Number of voting rights      % of voting rights xix,
instrument            price        date xvii    Conversion     instrument refers to         xx
                                                period xviii
                                    
                                                                                            Nominal       Delta


Total (A+B+C)

Number of voting rights                                   Percentage of voting rights

541,196,818                                               10.979%
 
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi

  N/A

Proxy Voting:

10. Name of the proxy holder:                             N/A

11. Number of voting rights proxy holder will cease
to hold:                                                  N/A

12. Date on which proxy holder will cease to hold
voting rights:                                            N/A
  

13. Additional information:                  N/A


14. Contact name:                            DEVILLIERS MAKONKO


15. Contact telephone number:                012 742 3578



Sponsor:
Merrill Lynch South Africa (Pty) Ltd

Joint Sponsor:
Nedbank Capital

Date: 13/09/2016 03:30:00 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.