Response to Media Speculation OLD MUTUAL PLC ISIN CODE: GB00B77J0862 JSE SHARE CODE: OML NSX SHARE CODE: OLM ISSUER CODE: OLOMOL Old Mutual plc Ref 165/16 7 March 2016 RESPONSE TO MEDIA SPECULATION Old Mutual plc (“Old Mutual”) notes the press speculation on Saturday 5 March 2016. When our new Chief Executive Bruce Hemphill joined on 1 November 2015, we announced that we would be conducting a strategic review. We can confirm that all options for the strategic review are being considered but no decision has yet been made. Old Mutual is due to announce its preliminary results for 2015 on 11 March 2016 and will provide an update on the strategic review at that time. 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 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 Sponsor: Merrill Lynch South Africa (Pty) Limited Joint Sponsor: Nedbank Capital INVESTMENT | SAVINGS | INSURANCE | BANKING Date: 07/03/2016 09:00:00 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.