Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons OLD MUTUAL PLC ISIN CODE: GB00B77J0862 JSE SHARE CODE: OML NSX SHARE CODE: OLM ISSUER CODE: OLOMOL Annex DTR3 Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons All relevant boxes should be completed in block capital letters. 1 Name of the issuer 2 State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with section 793 of the Companies Act OLD MUTUAL PLC 2006, or (iii) in accordance with paragraph 26 of the Model Code DTR 3.1.2R 3. Name of person discharging managerial responsibilities/director 4 State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the RALPH MUPITA, CEO, OLD MUTUAL EMERGING connected person MARKETS N/A 5 Indicate whether the notification is in respect of a holding of the person 6 Description of shares (including class), debentures or referred to in 3 or 4 above or in respect of a non-beneficial interest1 derivatives or financial instruments relating to shares IN RESPECT OF THE PERSON NAMED IN 3 ORDINARY SHARES OF 11 3/7p EACH ABOVE 7 Name of registered shareholder(s) and, if more than one, the number of 8 State the nature of the transaction shares held by each of them PURCHASE OF SHARES RALPH MUPITA 9 Number of shares, debentures or financial instruments relating to shares 10 Percentage of issued class acquired (treasury shares of that acquired class should not be taken into account when calculating percentage) 28,780 0.0006% 11 Number of shares, debentures or financial instruments relating to shares 12 Percentage of issued class disposed (treasury shares of that disposed class should not be taken into account when calculating percentage) NIL N/A 13 Price per share or value of transaction 14 Date and place of transaction R34.50 per share 11 AUGUST 2014 – SOUTH AFRICA 15 Total holding following notification and total percentage holding 16 Date issuer informed of transaction following notification (any treasury shares should not be taken into account when calculating percentage) 11 AUGUST 2014 28,780 EXCLUDES UNVESTED SHARE INCENTIVE AWARDS AND VESTED BUT UNEXERCISED SHARE OPTIONS If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes 17 Date of grant 18 Period during which or date on which exercisable 19 Total amount paid (if any) for grant of the option 20 Description of shares or debentures involved (class and number) 21 Exercise price (if fixed at time of grant) or indication that price is to be 22 Total number of shares or debentures over which options fixed at the time of exercise held following notification 23 Any additional information 24 Name of contact and telephone number for queries WILLIAM BALDWIN-CHARLES HEAD OF CORPORATE AFFAIRS +44 20 7002 7133 Name of authorised official of issuer responsible for making notification: MARTIN MURRAY, GROUP COMPANY SECRETARY Date of notification: 11 AUGUST 2014 Notes: This form is intended for use by an issuer to make a RIS notification required by DTR 3.1.4. (1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24. (2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. (3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24. (4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. Sponsor: Merrill Lynch South Africa (Pty) Ltd Joint Sponsor: Nedbank Capital Date: 11/08/2014 04:30:00 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.