Notification of Transactions of Directors OLD MUTUAL PLC ISIN CODE: GB00B77J0862 JSE SHARE CODE: OML NSX SHARE CODE: OLM ISSUER CODE: OLOMOL Old Mutual plc Annex DTR3 Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons Please complete all relevant boxes should in block capital letters. 1. Name of the issuer 2. State whether the notification relates to (i) a transaction notified in accordance with DTR OLD MUTUAL PLC 3.1.2 R, (ii) a disclosure made in accordance with section 793 of the Companies Act 2006, or (iii) in accordance with paragraph 26 of the Model Code DTR 3.1.2R 3. Name of person discharging managerial 4. State whether notification relates to a responsibilities/director person connected with a person discharging managerial responsibilities/director named NONKULULEKO NYEMBEZI-HEITA – in 3 and identify the connected person NON EXECUTIVE DIRECTOR N/A 5. Indicate whether the notification is in 6. Description of shares (including class), respect of a holding of the person debentures or derivatives or financial referred to in 3 or 4 above or in respect instruments relating to shares 1 of a non-beneficial interest ORDINARY SHARES OF 11 3/7p IN RESPECT OF THE PERSON NAMED IN 3 ABOVE 7. Name of registered shareholders(s) and, 8 State the nature of the transaction if more than one, the number of shares held by each of them ACQUISITION OF SHARES 13,839 9. Number of shares, debentures or 10. Percentage of issued class acquired financial instruments relating to shares (treasury shares of that class should not be acquired taken into account when calculating percentage) 9,351 SHARES 0.0002% 11. Number of shares, debentures or 12. Percentage of issued class disposed financial instruments relating to shares (treasury shares of that class should not be disposed taken into account when calculating percentage) 13. Price per share or value of transaction 14. Date and place of transaction SHARES ACQUIRED AT £1.744304 PER 17 June 2016, London SHARE 15. Total holding following notification and 16. Date issuer informed of transaction total percentage holding following notification (any treasury shares should 17 June 2016 not be taken into account when calculating percentage) 23,190 – 0.0005% 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 20. Description of shares or debentures option involved (class and number) 21. Exercise price (if fixed at time of grant) or 22. Total number of shares or debentures indication that price is to be fixed at the over which options held following time of exercise notification 23. Any additional information 24. Name of contact and telephone number for queries Name of authorised officer of issuer responsible for making notification Colin Campbell, Group Company Secretary Date of notification 17 June 2016 This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1). (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: 17/06/2016 04:00:00 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.