Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities OLD MUTUAL PLC ISIN CODE: GB00B77J0862 JSE SHARE CODE: OML NSX SHARE CODE: OLM ISSUER CODE: OLOML Old Mutual plc Ref 19/14 11 March 2014 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES OR CONNECTED PERSONS IN ACCORDANCE WITH RULE 3.1.4R OF THE DISCLOSURE AND TRANSPARENCY RULES The following restricted share award over Nedbank Group ordinary shares has been 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 shares granted Value 6 March 2014 Performance-based 62,200 R12,999,800 The restricted shares were granted at the volume weighted average price (R209) for the three trading days ended 26 February 2014 at no cost to Mr Brown and vesting of these shares is due to occur (subject to fulfilment of the applicable performance criteria) on 7 March 2017. Enquiries External communications Patrick Bowes UK +44 20 7002 7440 Investor relations Dominic Lagan UK +44 20 7002 7190 Kelly de Kock SA +27 21 509 8709 Media William Baldwin-Charles +44 20 7002 7133 +44 7834 524833 Lead Sponsor: Merrill Lynch South Africa (Pty) Ltd Joint Sponsor: Nedbank Capital Notes to Editors Old Mutual provides life assurance, asset management, banking and general insurance to more than 16 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 2013, the Group reported adjusted operating profit before tax of £1.6 billion (on an IFRS basis) and had £294 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: 11/03/2014 04:45:00 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.