OLD MUTUAL PLC - Response to Media Speculation

Response to Media Speculation

       OLD MUTUAL PLC
       ISIN CODE: GB00B77J0862
       JSE SHARE CODE: OML
       NSX SHARE CODE: OLM
       ISSUER CODE: OLOMOL
       Old Mutual plc
       Ref 165/16
       7 March 2016


       RESPONSE TO MEDIA SPECULATION

       Old Mutual plc (“Old Mutual”) notes the press speculation on Saturday 5 March 2016. When our new
       Chief Executive Bruce Hemphill joined on 1 November 2015, we announced that we would be
       conducting a strategic review.

       We can confirm that all options for the strategic review are being considered but no decision has yet
       been made.

       Old Mutual is due to announce its preliminary results for 2015 on 11 March 2016 and will provide an
       update on the strategic review at that time.



       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


       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


       Sponsor:
       Merrill Lynch South Africa (Pty) Limited

       Joint Sponsor:
       Nedbank Capital




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