Notification of Transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons OLD MUTUAL PLC ISIN CODE: GB00B77J0862 JSE SHARE CODE: OML NSX SHARE CODE: OLM ISSUER CODE: OLOMOL Ref 208/15 19 March 2015 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 award over restricted ordinary shares in Nedbank Group Limited (“Nedbank”) was made to Mike Brown, Chief Executive of Nedbank 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 on 12 March 2015: Vesting criteria Number of Restricted shares granted Value Performance-based 50,826 R12,999,766 The restricted shares were granted at no cost to Mr Brown based upon the volume-weighted average price (R255.77) for the three trading days ending 25 February 2015, being the three trading days immediately after the publication of Nedbank’s 2014 results, and vesting of these shares is due to occur on 13 March 2018. 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 Sponsor: Merrill Lynch South Africa (Pty) Ltd Joint Sponsor: Nedbank Capital INVESTMENT | SAVINGS | INSURANCE | BANKING 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 INVESTMENT | SAVINGS |INSURANCE | BANKING Date: 19/03/2015 03:00:00 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.