Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities or Connected Persons OLD MUTUAL PLC ISIN CODE: GB0007389926 JSE SHARE CODE: OML NSX SHARE CODE: OLM ISSUER CODE: OLOML Old Mutual plc Ref 24/13 12 March 2013 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES OR CONNECTED PERSONS IN ACCORDANCE WITH TRANSPARENCY RULES RULE 3.1.4R OF THE DISCLOSURE AND TRANSPARENCY RULES The following restricted share awards over Nedbank Group ordinary shares were granted to Mr M W T Brown, Chief Executive of Nedbank Group Limited and a member of the Group Executive Committee of Old Mutual plc, under the terms of the Nedbank Group (2005) Share Option, Matched Share and Restricted Share Scheme: Grant Date Vesting Criteria Number of Restricted Value shares granted 7 March 2013 Performance-based 28,962 R5,499,883.80 8 March 2013 Time-based 28,962 R5,499,883.80 The restricted shares were granted at the volume weighted average price (R189.90) for the three trading days ending 27 February 2013 at no cost to Mr Brown and vesting of these shares is due to occur on 8 March 2016 (in respect of the performance-based award) and 9 March 2016 (in respect of the time-based award). Mr Brown now holds 169,500 restricted shares, granted under the Nedbank Group (2005) share option, matched share and restricted share scheme and 151,401 Nedbank Group Limited ordinary shares, of which 30,671 shares have been committed in respect of the compulsory bonus deferral scheme and 10,330 shares have been committed in respect of the Matched Share Scheme. Enquiries External communications Patrick Bowes UK +44 (0)20 7002 7440 Investor relations Dominic Lagan UK +44 (0)20 7002 7190 Kelly de Kock SA +27 (0)21 509 8709 Media William Baldwin-Charles +44 (0)20 7002 7133 +44 (0)7834 524 833 Sponsor: Merrill Lynch South Africa (Pty) Ltd Notes to Editors Old Mutual provides life assurance, asset management, banking and general insurance to more than 14 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 2012, the Group reported adjusted operating profit before tax of £1.6 billion (on an IFRS basis) and had £262 billion of funds under management from core operations. For further information on Old Mutual plc, please visit the corporate website at www.oldmutual.com Date: 12/03/2013 05:49:00 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.