Group Chief Executive Succession OLD MUTUAL PLC ISIN CODE: GB00B77J0862 JSE SHARE CODE: OML NSX SHARE CODE: OLM ISSUER CODE: OLOML Old Mutual plc Ref 737/15 2 November 2015 Group Chief Executive Succession In line with our previous announcement dated 15 April 2015, Old Mutual plc ("Old Mutual” or “the Company”) is pleased to confirm that the appointment of Bruce Hemphill, Group Chief Executive, as an executive director of the Company has taken effect from 1 November 2015. Bruce Hemphill said: “I am delighted to be joining as Old Mutual’s Group Chief Executive and leading the Group in the next stage of its development. “My initial focus will be visiting the individual businesses within the Group; building a detailed knowledge of those businesses and their management; and meeting staff, customers and other stakeholders. I look forward to sharing my observations in the second quarter of 2016.” Bruce Hemphill was previously Chief Executive of Wealth, Insurance and Non-Bank Financial Services at Standard Bank Group, the largest African banking group by assets and earnings. From June 2006 to February 2014, he was Chief Executive of Liberty Group, an African financial services group listed on the JSE. Old Mutual confirms that there are no matters relating to Bruce Hemphill that would require disclosure under Listing Rules 9.6.13 (2) to (6). His previous directorships of publicly quoted companies (Listing Rule 9.6.13(1)) were included in our announcement of 15 April 2015. Julian Roberts, the former Group Chief Executive, ceased to be an executive director of the Company on 31 October 2015. In accordance with the terms of his service agreement, Julian remains available to Old Mutual until 14 April 2016. 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 Lead Sponsor to Old Mutual: Merrill Lynch South Africa (Pty) Limited Joint Sponsor to Old Mutual: Nedbank Capital 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 Date: 02/11/2015 09:01:00 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.